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June 14, 2023
Markets closed higher yet AMD, Five9, Inc., Salesforce top this unflattering list of yesterday's losers
A quick update before today's session: leading equity indices in the US rose as S&P 500 ended the session at 4,369 after a 0.69% gain. Nasdaq gained 0.83% and closed at 13,573.
More data out yesterday as United States Consumer Price Index released yesterday at 12:30 UTC with a figure of 0.1%, while the previous figure was 0.4%.
Despite yesterday's market climb several technology stocks suffered losses. Take a look at the market's Top Losers.
-2.2%: Salesforce lost 2.2% yesterday, closed at $208.98
More of the same from yesterday's session: an influx of sellers pushed the cloud CRM provider to session lows around $207.92 while establishing a $207.92 to $216.23 session range yesterday. Salesforce's market cap is currently $203.55 billion with an average daily trading volume of 8.37 million shares. So far this year, it has been beating the Dow by 50.03%.
AMD | -3.61% at $124.53
AMD rallied to $132.82 for the first time in 1 year (gaining $4.66). It later dropped, erased yesterday’s gains and closed at $124.53. The past 3 months have been positive for the microprocessor manufacturer as it added 49.06% compared to its 3-month low of $55.94. The Nasdaq has been doing worse in 2022, it has been passing it by 65.26%. The company has a market cap of $200.54 billion with an average daily trading volume of 78.00 million shares. AMD has a forecast of $5.30 billion with an EPS of 60 cents.
Five9 | -2.68% at $75.67
The past 3 months have been positive for the cloud software provider as it added 23.2% compared to its 3-month low of $47. So far this year, it has been under-performing the Nasdaq by 14.28%. The company is currently trading with a market cap of $5.39 billion with an average daily trading volume of 1.58 million shares. Five9's last revenue report was $218.44 million with an EPS of -30 cents.
