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May 23, 2023Markets closed lower, with Riot Blockchain, Inc., Unity Software Inc., Five9, Inc. making today's list of top losers.
Following today's session, leading equity indices in the US declined as S&P 500 was down 1.12% before closing the session at 4,145.58. Nasdaq slipped 1.26% and closed at 12,560.
Meanwhile, United States New Home Sales (Apr) released today at 14:00 UTC with a figure of 683,000, while the previous figure was 656,000.
In line with markets falling today, some technology stocks made the list of top losers. Take a look.
-6.13%: Unity Software suffers weak session with 6.13% loss; downside halted at $28.06
Today's session continued the recent downtrend: after ending yesterday at $30.16, Unity Software Inc. declined to $28.06 today before closing at $28.31, thereby losing 6.13% in total. Unity Software has a market cap of $10.72 billion with an average daily trading volume of 8.11 million shares. So far this year, it has been under-performing the Nasdaq by 6.31%.
Five9 | Closed $3.86 (-6.04%) lower at $60.05
The customer engagement enabler has shed 21.58% over the past three months. So far this year, it has been doing worse than the Nasdaq by 26.45%. The company is currently trading with a market cap of $4.27 billion with an average daily volume of 1.95 million shares. Five9 last reported revenue of $218.44 million with an EPS of -30 cents.
Riot Blockchain, Inc. | Closed today's session at $11.28
Pronounced bearish market sentiment ensured that the Bitcoin miner made a notable 7.54% loss today, declining 92 cents and ultimately closing at $11.28.
