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May 13, 2023
Markets closed lower, with Unity Software Inc., Tuya Inc., Sabre Corporation making yesterday's list of top losers.
Following yesterday's session, leading equity indices in the US declined as Nasdaq shed 0.35% and closed at 12,300. S&P 500 shed 0.16% and closed at 4,124.
Meanwhile, 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.
In line with markets falling yesterday, some technology stocks made the list of top losers. Take a look.
Unity Software | Closed $2.81 (-8.66%) lower at $29.65
Unity Software Inc. traded at $29.65 after making its biggest single-day drop of $2.81 (8.66%) since Apr 5. Over the past 8 months, the software development company has retreated 44.48% from a noteworthy peak of $58.47. So far this year, it has been doing worse than the Nasdaq by 6.21%. Unity Software is currently trading with a market cap of $11.22 billion with an average daily volume of 7 million shares.
Unity Software | Closed $2.81 (-8.66%) lower at $29.65
Unity Software Inc. traded at $29.65 after making its biggest single-day drop of $2.81 (8.66%) since Apr 5. Over the past 8 months, the software development company has retreated 44.48% from a noteworthy peak of $58.47. So far this year, it has been doing worse than the Nasdaq by 6.21%. Unity Software is currently trading with a market cap of $11.22 billion with an average daily volume of 7 million shares.
-5.88%: yesterday's slide leaves Sabre traders hoping for a bounce
More of the same from yesterday's session: pronounced bearish market sentiment ensured that the largest US distribution systems provider made a notable 5.88% loss yesterday, declining 20 cents and ultimately closing at $3.2. Currently, the largest US distribution systems provider has a market capitalization of $1 billion with an average daily trading volume of 6.96 million shares.
