Entire watchlist portfolio currently in the red as markets fall
A quick recap of what we saw during this session: the leading indices are slipping — Dow Jones slipping 0.42% and closing at 33,900. Nasdaq trades at 12,122 after losing 0.37%.
This downslide might be related to financial indicators data published earlier as following a previous reading of 0%, Core Retail Sales in United States released today at 12:30 UTC fell short of the -0.3% figure expected by analysts with an actual reading of -0.8%.
In line with markets falling yesterday, some technology stocks are currently on the list of Top Losers. Take a look:
ServiceNow | Currently down 3.92% at $464.55
The digital workflow company down by $18.95 (3.92%). This is the largest single day drop since Mar 9. The enterprise cloud computing enabler has managed to gain 25.42% so far this year despite trading at lows around $341.76 previously. The S&P has been doing worse in 2022, it has been passing it by 17.65%. The company has a market cap of $94.30 billion with an average daily volume of 1.47 million shares. ServiceNow is forecasted to generate revenues of $1.93 billion and EPS of 60 cents.
Western Digital | Currently down 3.78% at $35.48
In the last 3 days, Western Digital has lost a total of 7.52% of its value. Similar trend today: the data storage devices manufacturer is sliding down from $36.88 to $35.48, taking a 3.78% loss as it nears the end of the session.
-3.98%: Viasat is around $33.06 after losing 3.98%
As the current session draws to a close, the high-speed satellite broadband provider remains in the $32.8 – $34.5 range after closing yesterday at $34.43 and dropping by 3.98%. Viasat's market cap currently stands at $2.52 billion with an average daily trading volume of 1.27 million shares.