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May 09, 2023Markets closed lower, with Vishay Precision Group, Inc., GDS Holdings Limited, Tuya Inc. making today's list of top losers.
After today's closing bell, leading equity indices in the US declined as Nasdaq lost 0.63% and ended the session at 12,180. S&P 500 was down 0.46% before closing the session at 4,119.17.
Amid the market gloom, United States API Weekly Crude Oil Stock released today at 20:30 UTC with a figure of 3.62 million, while the previous figure was -3.94 million.
In line with markets falling today, some technology stocks made the list of top losers. Take a look.
-6.72%: GDS Holdings ticks up 1.24% in after hours trading; currently at $13.92
After ending yesterday at $14.74, GDS Holdings dropped to $13.7 early in today's session and closed at $13.75. In total, it lost 6.72%. The company's market cap currently stands at $2.85 billion with an average daily trading volume of 990,679 shares. So far this year, it has been doing worse than the Nasdaq by 53.17%.
After five days of going up, Tuya down 5.63% today
Today's session suggests run might be coming to an end — early in today's session, Tuya dropped to $1.98 from $2.13 at the end of yesterday, before closing at $2. During the session, it lost 5.63%. The cloud and management platform provider's market cap currently stands at $1.16 billion with an average daily volume of 411,755 shares. So far this year, it has been under-performing the Nasdaq by 9.29%.
-7.76%: risk-off sentiment pushes VPG to 7.76% loss today
Today's session continued down the same path: after ending yesterday at $38.52, Vishay Precision Group declined to $34.71 today before closing at $35.53, thereby losing 7.76% in total. Vishay Precision Group's market cap is currently $477 million with an average daily trading volume of 45,894 shares.
