Markets closed higher yet Affirm Holdings, Inc., UiPath Inc., Viasat, Inc. top this unflattering list of yesterday's losers
After yesterday's closing bell, markets closed higher yesterday; Dow Jones ended the session at 33,877 after a 0.13% gain. Nasdaq gained 0.16% and closed at 13,259.
More data out yesterday as United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 172,400, while the previous figure was 162,600.
Despite yesterday's market climb several technology stocks suffered losses. Take a look at the market's Top Losers.
UiPath | Closed yesterday's session at $17.17
The stock has been trending positively for about a month. So far this year, it has been outperforming the Nasdaq by 14.75%. The global software company's market cap currently stands at $10.26 billion with an average daily volume of 14.97 million shares. UiPath's last revenue report was $289.59 million with an EPS of -23 cents.
Affirm | Currently down 7.75% at $17.39
Pronounced bearish sentiment in the market pushed the fintech company into a notable 7.75% slide yesterday, falling $1.46 and ultimately closing at $17.39.
Viasat | Closed yesterday's session at $43.5
The high-speed satellite broadband provider has fallen back around 2.63% from the significant high of $47.2 set 8 days ago. The high-speed satellite broadband provider's market cap currently stands at $5.36 billion with an average daily trading volume of 475,397 shares. Viasat is forecasted to generate revenues of $672.77 million and EPS of $9.49.