Curaleaf Holdings, Inc., Signature Bank, Trulieve Cannabis Corp. are currently leading the list of down-trending stocks.

Leading equity indices in the US declined as Dow Jones lost 0.59% and ended the session at 33,400. S&P 500 was down 0.58% before closing the session at 4,100.6.

While price action maintains a negative bias, United States JOLTs Job Openings (Feb) released yesterday at 14:00 UTC with a figure of 9.93 million, while the previous figure was 10.56 million.

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.

| Curaleaf | continues a 23 day decline; drops 5.6% yesterday

After setting a $2.5 – $2.68 range, Curaleaf Holdings, Inc. closed the day 5.6% lower at $2.53. Early in yesterday's session, Curaleaf dropped to $2.5 from $2.68 at the end of Monday, before closing at $2.53. During the session, it lost 5.6%. Trading volume totalled 503,069 which equates to around 48% of the stock's 21-day average yesterday.

Signature Bank continues a 5 day downtrend; descends 1.12% yesterday

After setting a 15.25 cents – 19.45 cents range, Signature Bank closed the day 1.12% lower at 16.8 cents. Slightly down but mostly flat: Signature Bank ranged between 15.25 cents and 19.45 cents before closing at 16.8 cents. The day's trading volume totalled 12.19 million shares — slightly below the 21-day average of 14.72 million. Signature Bank disclosed a quarterly dividend of 70 cents per share on Thursday, January 12th that was paid on Friday, February 10th to all shareholders of record up until Friday, January 27th. Based on current prices, the company's decision thereby provides Signature Bank investors with an annual dividend yield of 1,666.67%.

| Trulieve Cannabis | 21.65% ($1.22) depreciation over 22 days (5.5455 cents per day average)

After setting a $5.09 – $5.35 range, Trulieve Cannabis closed the day 3.75% lower at $5.14. Trulieve Cannabis shed 3.75%, falling to $5.14. Yesterday's trading volume was 266,400 shares which is lower than the 21-day average of 534,384.