Despite the risk-on mood, MongoDB, Inc., Riot Blockchain, Inc., Weibo Corporation are going against the grain and declining. Here are the biggest losers so far this session:

As the trading session gets underway, markets are up as Nasdaq up to 11,650, gaining 0.64%. Dow Jones up to 32,946, gaining 0.45%.

Today's rally takes place amid mixed market indicators — highly important Initial Jobless Claims data from United States beat analyst expectations of 195,000 with a reading of 211,000.

Despite the markets climbing yesterday, some technology stocks are currently down. Take a look at the Top Losers:

MongoDB | Currently down 7.72% at $211.03

The software company down by $17.66 (7.72%). This is the largest single day drop since Feb 16. Having set a significant low of $137.35 3 months ago, the software company is trading 66.51% higher. So far this year, it has performed better than the Nasdaq by 9.63%. MongoDB's market cap is currently $14.62 billion with an average daily trading volume of 1.50 million shares.

MongoDB is down despite the fact that on yesterday the company released its quarterly earnings, beating analysts estimates. The company reported earnings of -0.98 per share on revenue of $361.31 million, topping estimates of -1.18 per share on revenue of $303.47 million.

Weibo | -2.34% to start today's session

After closing the previous day at $17.5, the Chinese social network dropped to $16.83, hitting its lowest point in 2 months. It later recovered 26 cents and is now trading at $17.09. Weibo hit a significant low of $10.71 around 4 months ago, but has since recovered 63.4%. So far this year, it has been doing worse than the Nasdaq by 23.51%. The company's market cap currently stands at $4.18 billion with an average daily volume of 1 million shares. Weibo is forecasted to generate revenues of $459.73 million and EPS of 44 cents.

-2.38%: Riot Blockchain, Inc. retreats to $6.15

Now turning against its recent performance, the Bitcoin miner slides down from $6.3 to $6.15, losing 15 cents (2.38%). The company has a market cap of $1 billion with an average daily trading volume of 13.20 million shares.