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May 04, 2023
Bausch Health Companies is today's top mover after declining 13.31%
The leading indices are falling — Dow Jones slipping 0.68% and closing at 33,200. S&P 500 drawing back 0.56% to 4,068.
Today's price action is taking place amid mixed market indicators – Initial Jobless Claims in United States fell short of market expectations (240,000) with a reading of 242,000, continuing the decline from the previous figure of 229,000.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active healthcare stocks are listed below.
Bausch Health Companies | -13.31% to start today's session
The Canadian specialty pharmaceutical company drops by 13.31% (98.5 cents), its largest single-day drop since August 2022. Bausch Health Companies has shed $11.26 points and is languishing 60.34% lower over the past year, leaving its yearly highs around $18.66 in the rear-view mirror. So far this year, it has been beating the Nasdaq by 4.21%. Bausch Health Companies's market cap is currently $2.33 billion with an average daily volume of 2.29 million shares.
Teleflex | -8% to start today's session
After hitting an important low of $186.76 approximately 6 months ago, the critical surgery enabler has bounced back 45.71% since. So far this year, it has been outperforming the S&P by 0.51%. The company has a market cap of $11.75 billion with an average daily trading volume of 263,092 shares.
Envista drops to $34.77
More of the same today: Envista is down to $34.77, after ending yesterday at $37.64. Overall, a 7.62% loss or $2.87 today. The company is currently trading with a market cap of $5.68 billion with an average daily trading volume of 1.65 million shares.
