The following 3 stocks fared the worst amid yesterday's decline

Published: September 17 2022, 16:00 GMT+0

The following 3 stocks fared the worst amid yesterday's decline

Markets closed lower, with FedEx Corp, NCR Corporation, Inspira Technologies Oxy B.H.N. Ltd. making yesterday's list of top losers.

A review of what happened yesterday: leading equity indices in the US declined as S&P 500 closed at 3,873.33, a 0.72% change. Nasdaq was down 0.9% before closing the session at 11,448.

While price action maintains a negative bias, United States TIC Net Long-Term Transactions (Jul) released yesterday at 20:00 UTC with a figure of 21.4 billion, while the previous figure was 121.8 billion.

-21.4%: FedEx ended the session at $161.02 (-21.4%)

More of the same from yesterday's session: early in yesterday's session, FedEx Corp dropped to $155 from $204.87 at the end of Thursday, before closing at $161.02. During the session, it lost 21.4%.
The company has a market cap of $41.85 billion with an average daily volume of 3.17 million shares. So far in 2022, it has been under-performing the S&P by 8.59%.

FedEx is scheduled to announce earnings results Thursday. The consensus Earnings Per Share estimate is 5.17 and the consensus revenue estimate is $23.62 billion.

-14.2%: Inspira Technologies Oxy ticks up 17.93% in after hours trading; currently at $1.71

Yesterday's session continued the recent downtrend: after ending Thursday at $1.69, Inspira Technologies Oxy dropped to $1.45 early in yesterday's session and closed at $1.45. Overall, it lost 14.2% of its value. The company's market cap is $15.44 million with an average daily trading volume of 61,948 shares.

-20.3%: bearish mood pushes NCR to session low of $21.64

Yesterday's session continued down the same path: after ending Thursday at $29.11, NCR fell down to $21.64 yesterday and closed at $23.2 — losing 20.3% of its value. NCR's market cap is currently $3.18 billion with an average daily trading volume of 1.99 million shares.