Affirm is today's top mover after declining 21.35%
The leading indices were losing ground — Dow Jones trades at 32,800 after losing 1.11%. S&P 500 slipping 1.09% and closing at 3,786.34.
Today's price action is taking place amid mixed market indicators – United States Crude Oil Inventories came out at 3.92 million, better than analyst estimates of 1.36 million and improving upon the previous reading of -3.12 million.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with the most active technology stocks listed below.
Affirm | Currently down 21.35% at $12.3
In the last 11 days, Affirm Holdings, Inc. has lost a total of 40.35% of its value. More of the same today: Affirm is trading close to the $12.3 level today, after ending yesterday at $15.64 and dropping 21.35%. As things stand, trading volume is at 25.69 million, above the 21-day average of 12.15 million.
Affirm reported earnings results yesterday; with EPS at -0.86, these results are ambiguous when compared to a consensus of -0.82 Earnings Per Share. Since the release of its earnings report, Affirm lost 21.3%.
Viasat | Currently down 17.93% at $30.18
While on a 6 day slump, falling a total of 27.18%, More of the same today: Viasat drops 17.93% in early trade and remains within touching distance of the $30.18 level.
Applovin | -12.32% in mid-session
While on an 11 day downtrend, dropping a total of 29.2%, Similar trend today: Applovin drops 12.32% in early trade and remains within touching distance of the $13.31 level. Current trading volume stands at 3.59 million; 160% higher than the 21-day average of 2.24 million.
Applovin is scheduled to announce earnings results today. The consensus EPS estimate is 0.09 and the consensus revenue estimate is $728.19 million.