Shoals Technologies is marking a challenging day, plunges 17.93%
Here is where today's session currently stands: markets are mixed with Dow Jones slipping 0.53% and closing at 34,400. Nasdaq up 0.19%, trading at 11,500.
This limbo state is reflected by market data published as United States ISM Manufacturing PMI (Nov) came out at 49, while a consensus of analysts was expecting 49.8.
With markets currently trading sideways, some technology stocks are taking serious losses. Here is the list of top losers:
Salesforce | -9.61% in mid-session
Salesforce hit a significant low of $139.77 around 27 days ago, but has since recovered 14.65%. So far in 2022, it has been doing worse than the Dow by 31.5%. The company's market cap is $144.85 billion with an average daily volume of 7.24 million shares.
PagSeguro Digital | Currently down 7.79% at $9.71
Having set a significant high of $28.84 2 days ago, the e-commerce and digital payments company is trading 7.12% lower. So far in 2022, it has been under-performing the Nasdaq by 25.12%. PagSeguro Digital has a market cap of $3.20 billion with an average daily trading volume of 4.11 million shares. PagSeguro Digital has a forecast of $758.38 million with an EPS of 22 cents.
Shoals Technologies | -17.93% in mid-session
In the last 9 days, Shoals Technologies has lost a total of 23.7% of its value. More of the same today: the solar energy project enabler is trading close to the $23.77 level today, after ending yesterday at $28.97 and dropping 17.93%.