- Top laggard Syneos Health gave up $22.11, or 46.25% Friday Atlassian had a negative day Friday (down 28.96%).
- European markets are up as DAX rises by 1.02%, reaching 13,600.
Ahead of today's session: markets were up Friday; Dow Jones closed the day at 32,400, having gained 1.26%. S&P 500 gained 1.36% and closed at 3,770.55.
US markets are now currently closed and set to reopen today; meanwhile, European session in progress; markets are rising as DAX added 1.02% to trade at 13,600. Asia-Pacific markets closed higher today whilst Nikkei is up by 1.21%, hitting 27,528.
Also worthy of note, United States Crude Oil Inventories is expected Wednesday.
The market is looking forward to the release of new data: United States EIA Short-Term Energy Outlook scheduled to come out tomorrow at 17:00 UTC.
While most stocks did well Friday, some did better than others as Diversey trades at $5.38 having gained 16.96%.
Friday's bullishness contained stock stragglers as noticeable risk-on sentiment wasn't enough to prevent Syneos Health giving up $22.11, or 46.25%, before ending the session at $25.7. Atlassian had a negative day Friday (down 28.96%).
Syneos Health ended the session at $25.7 (-46.25%)
Friday's session continued the recent downtrend: early in Friday's session, Syneos Health, Inc. dropped to $22.9 from $47.81 at the end of Thursday, before closing at $25.7. During the session, it lost 46.25%.
The company's market cap is $2.64 billion with an average daily trading volume of 1 million shares. So far in 2022, it has been doing worse than the Nasdaq by 8.84%.
Atlassian closed at $123.73, continuing its bearish run
More of the same from Friday's session: early in Friday's session, Atlassian dropped to $115.06 from $174.17 at the end of Thursday, before closing at $123.73. During the session, it lost 28.96%.
Atlassian has a market cap of $31.54 billion so far in 2022, it has been under-performing the Nasdaq by 4.75%.
Atlassian reported earnings results Thursday; with EPS at -0.16 and revenues at $807.39 million, these results are mixed compared to a consensus of -0.1 Earnings Per Share and $806.38 million revenue. Since the release of its earnings report, Atlassian lost 28.23%.