With 59 minutes left in today's bearish session, these stocks are the top losers

Published: September 29 2022, 19:00 GMT+0

With 59 minutes left in today's bearish session, these stocks are the top losers

Entire watchlist portfolio currently in the red as markets fall

As the current session nears its end, the leading indices are falling — S&P 500 trades at 3,613.8 after losing 2.83%. Dow Jones drawing back 2.22% to 29,026.

On the flip side, United States Initial Jobless Claims came out at 193,000, better than analyst estimates of 215,000 and improving upon the previous reading of 209,000.

-22.55%: Carvana Co. sheds 22.55%; sets session low of $20.53

As the current session draws to a close, Carvana Co. remains in the $20.53 – $24.2 range after closing yesterday at $26.87 and dropping by 22.55%. Carvana Co. is currently trading with a market cap of $3.70 billion with an average daily trading volume of 7.44 million shares. So far in 2022, it has been doing worse than the Nasdaq by 45.53%.

As things stand, trading volume is at 14.34 million, above the 21-day average of 1.49 million.

Carmax reported earnings of 0.79 per share and revenue at $8.14 billion.

-16.44%: Peloton is around $6.88 after losing 16.44%

Similar trend today: as the current session draws to a close, the interactive fitness platform provider remains in the $6.82 – $8.18 range after closing yesterday at $8.24 and dropping by 16.44%. The company has a market cap of $2.33 billion with an average daily trading volume of 13.42 million shares. So far in 2022, it has been under-performing the Nasdaq by 33.33%.

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