Markets closed higher yet Xerox Holdings Corporation, Cadence Design Systems Inc, Sensata Technologies Holding plc top this unflattering list of today's losers
Following today's session, markets were up today; S&P 500 gained 1.63% and closed at 3,859. Nasdaq closed the day at 11,200, having gained 2.25%.
Today's rally takes place amid mixed market indicators — United States Consumer Confidence fell short of the 106.5 projections, with new data of 102.5.
Despite the climb, markets experienced today, some technology stocks suffered losses. Take a look at our top losers.
Cadence | Closed $8.9 (-5.55%) lower at $151.32
Early in today's session, Cadence Design Systems Inc dropped to $150.86 from $160.22 at the end of yesterday, before closing at $151.32. During the session, it lost 5.55%.
Daily trading volume (5 million shares) was above the current multiday average of 2.30 million.
Sensata Technologies | Closed $2.16 (-5.19%) lower at $39.46
Sensata Technologies's bearish run has lasted 3 days so far (-7 cents). Today's session continued the recent downtrend: after ending yesterday at $41.62, Sensata Technologies declined to $38.62 today before closing at $39.46, thereby losing 5.19% in total. Daily trading volume (3.82 million shares) was above the current multiday average of 1.70 million.
Sensata Technologies | Closed $2.16 (-5.19%) lower at $39.46
Sensata Technologies's bearish run has lasted 3 days so far (-7 cents). Today's session continued the recent downtrend: after ending yesterday at $41.62, Sensata Technologies declined to $38.62 today before closing at $39.46, thereby losing 5.19% in total. Daily trading volume (3.82 million shares) was above the current multiday average of 1.70 million.