- Ormat Technologies, Inc. suffered relatively more than others yesterday after 10.18% dip As things stand, Paycom (down 5.73%) and Walt Disney (down 2.66%) are underperforming today
- European markets are up as CAC added 0.78% to trade at 6,627.36.
Before today's session: leading equity indices in the US declined as S&P 500 slipped 0.31% and closed at 3,946.56. Nasdaq was down 0.35% before closing the session at 11,145.
US markets are now currently closed and set to reopen today; meanwhile, European markets are trending positively as CAC is up by 0.78%, hitting 6,627.36.
Markets are trading lower today despite some positive data published earlier as United States Initial Jobless Claims beat the 225,000 projections, with 222,000.
Meanwhile, United States Philadelphia Fed Manufacturing Index (Nov) released yesterday at 13:30 UTC with a figure of -19.4, while the previous figure was -8.7. United States Building Permits (Oct) came out at 1.53 million, while a consensus of analysts was expecting 1.51 million.
Furthermore, United States Existing Home Sales (Oct) will be released today at 15:00 UTC.
Yesterday's bearishness meant that Ormat Technologies, Inc. lost 10.18% yesterday before closing at $90. Paycom (down 5.73%), Walt Disney (down 2.66%) also underperformed yesterday.
Risk-off mood drags Ormat Technologies, Inc. 10.18% lower
After ending Wednesday at $100.21, Ormat Technologies, Inc. dropped to $89.06 early in yesterday's session and closed at $90. In total, it lost 10.18%. The company has a market cap of $5 billion with an average daily volume of 610,601 shares.
Risk-off mood drags Paycom 5.73% lower
Early in yesterday's session, Paycom dropped to $315.28 from $337.69 at the end of Wednesday, before closing at $318.34. During the session, it lost 5.73%.
The company's market cap is $19.11 billion with an average daily trading volume of 465,606 shares. So far in 2022, it has performed better than the S&P by 1.06%.