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May 13, 2023
Bright Health is yesterday's top mover after declining 9.36%
Leading equity indices in the US declined as Nasdaq lost 0.35% and ended the session at 12,300. S&P 500 slipped 0.16% and closed at 4,124.
Today's price action is taking place amid mixed market indicators – United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 216,600, while the previous figure was 214,800.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. yesterday's most active healthcare stocks are listed below.
After-hours trading leads Maravai LifeSciences to drop to $14.4 (a 2.9% change) after ending yesterday at $14.83
Yesterday's session pointed in the same direction — bullish sentiment helped the drug therapy developer to hammer out a noteworthy $13.7 to $14.93 range yesterday, and finally closing at $14.83 to end the session. The drug therapy developer's market cap currently stands at $3.29 billion with an average daily volume of 3.25 million shares. So far this year, it has been under-performing the Nasdaq by 6.31%.
Bearish Bright Health declines 2 cents (9.36%)
Yesterday's session continued down the same path: an influx of sellers pushed the US health insurance company to end the session lower around 19.37 cents, while establishing a 19.11 cents to 21.45 cents session range yesterday. The US health insurance company's market cap currently stands at $128.25 million with an average daily trading volume of 5.33 million shares. So far this year, it has been doing worse than the Nasdaq by 78.84%.
Zai Lab | Closed $3.11 (-8.48%) lower at $33.57
The oncology medicine developer has shed 15.68% over the past three months. So far this year, it has been under-performing the Nasdaq by 7.35%. Zai Lab is currently trading with a market cap of $3.29 billion with an average daily volume of 404,554 shares.
