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

Published: September 17 2022, 17:00 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 was down 0.72% before closing the session at 3,873.33. Nasdaq shed 0.9% and closed at 11,448.

Meanwhile, 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 closed at $161.02, dropping $43.85

FedEx Corp traded at $161.02 after making its biggest single-day drop of $43.85 (21.4%) since September 2021. Continuing its a 5 day bearish run (-$8.97), FedEx showed losses yesterday. Daily trading volume (34.20 million shares) increased, making up 1,079% of the 21-day average (3.17 million).

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: early in yesterday's session, Inspira Technologies Oxy dropped to $1.45 from $1.69 at the end of Thursday, before closing at $1.45. During the session, it lost 14.2%.
Inspira Technologies Oxy's market cap is currently $15.44 million with an average daily trading volume of 61,948 shares.

-20.3%: NCR depreciates 20.3% with $21.64 as the low of the day

More of the same from yesterday's session: early in yesterday's session, NCR dropped to $21.64 from $29.11 at the end of Thursday, before closing at $23.2. During the session, it lost 20.3%.
The company's market cap is $3.18 billion with an average daily volume of 1.99 million shares.

Back