Skillz is Friday's top mover after declining 21.2%
Leading equity indices in the US declined as S&P 500 lost 0.77% and ended the session at 4,348.33. Nasdaq closed at 13,500, a 1% change.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. Friday's most active stocks are listed below.
Skillz | Closed 12.67 cents (-21.2%) lower at 47.1 cents
The video game competition platform is now trading 69.81% below the significant high of $1.98 it set around 10 months ago. Skillz is currently trading with a market cap of $9.95 million with an average daily volume of 9.68 million shares. Skillz expected revenue of $45.53 million with an EPS of -9 cents.
Virgin Galactic | Closed Friday's session at $4.34
Virgin Galactic traded at $4.34 after making its biggest single-day drop of 98 cents (18.42%) since May 26. Virgin Galactic hit a significant low of $3.15 around 2 months ago, but has since recovered 68.89%. So far this year, it has been under-performing the Nasdaq by 3.76%. The company's market cap currently stands at $1.23 billion with an average daily trading volume of 31.29 million shares. Virgin Galactic is forecasted to generate revenues of $1.16 million and EPS of -52 cents.
Carvana Co. | Closed down 16.17% at $21.41 Friday
The past 3 months have been positive for the used car dealer as it added 107.31% compared to its 3-month low of $3.72. So far this year, it has performed better than the Nasdaq by 168.77%. The company is currently trading with a market cap of $3.80 billion with an average daily volume of 37.83 million shares. Carvana Co. last reported revenue of $2.61 billion with an EPS of $-1.51.
Canopy Growth | Closed down 13.95% at 51.75 cents Friday
Canopy Growth's bearish run has lasted 9 days so far (-12.85 cents). Friday's session continued the recent downtrend: after ending Thursday at 60.14 cents, Canopy Growth declined to 50 cents Friday before closing at 51.75 cents, thereby losing 13.95% in total.
Canopy Growth reported earnings results Thursday; with EPS at -0.42 and revenues at $98.15 million, these results are mixed compared to a consensus of -0.15 Earnings Per Share and $73.19 million revenue. Since the release of its earnings report, Canopy Growth lost 13.72%.