FIGS, Inc., CureVac N.V., Qurate Retail, Inc. and others have been slumping.

Markets completed a mixed session yesterday while Nasdaq gained 0.4% and closed at 11,576. Dow Jones lost 0.18% and ended the session at 32,800.

This limbo state is reflected by market data published as data from United States concerning Crude Oil Inventories was released yesterday at 15:30 UTC. Newly published figures emphasized continued decline from last month's figure of 1.17 million to -1.69 million this month.

What is a downtrend?

The perceived tendency of a price to move in a downward direction over time. A downtrend describes the price movement of a continously depreciative financial asset over a particular time frame. In a downtrend, each successive low and peak is lower than the ones found earlier in the trend. The downtrend is therefore composed of lower swing lows and lower swing highs.

| FIGS | 38.71% ($3.52) depreciation over 15 days (23.4667 cents per day average)

After setting a $5.95 – $6.29 range, FIGS, Inc. closed the day 4.31% lower at $six. Pronounced bearish market sentiment ensured that the US healthcare apparel brand made a notable 4.31% loss yesterday, declining 27 cents and ultimately closing at $six. Yesterday's trading volume was 3.91 million shares which is slightly under the 21-day average of 4.55 million.

| CureVac | 37.91% ($4.38) depreciation over 25 days (17.52 cents per day average)

Yesterday's session continued the recent downtrend: pronounced bearish sentiment in the market pushed the German bio-pharma company into a notable 1.21% slide yesterday, falling 9 cents and ultimately closing at $7.32. After setting a $7.18 – $7.46 range, CureVac closed the day 1.21% lower at $7.32. Trading volume totalled 593,948 which equates to around 47% of the stock's 21-day average yesterday.

The RNA therapeutics developer's market cap currently stands at $1.62 billion with an average daily volume of 1.28 million shares. The German bio-pharma company has fallen back around 62.8% over the past 11 months, from a notable high of $19.92. The Nasdaq has been doing worse in 2022, it has been passing it by 4.22%. Trending downwards for around a month. CureVac is forecasted to generate revenues of $11.60 million and EPS of -22 cents.

| Qurate Retail | continues a 7 day decline; slides down 1.47% yesterday

After setting a $1.29 – $1.4 range, Qurate Retail closed the day 1.47% lower at $1.34. Pronounced bearish sentiment in the market pushed the media conglomerate into a notable 1.47% slide yesterday, falling 2 cents and ultimately closing at $1.34. The day's trading volume totalled 7.57 million shares — slightly under the 21-day average of 7.70 million.