Capri Holdings is yesterday's top mover after declining 23.58%
Leading equity indices in the US declined as Nasdaq shed 1.68% and closed at 11,900. S&P 500 was down 1.11% before closing the session at 4,118.
Today's price action is taking place amid mixed market indicators – Crude Oil Inventories in United States fell short of market expectations (2.46 million) with a reading of 2.42 million, continuing the decline from the previous figure of 4.14 million.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with 's most active stocks listed below.
New Relic gained 18.46% during yesterday's session, continues to go up in after hours trading (+2.03% to $78.05)
After closing yesterday at $76.5, the California-based technology company peaked at $80.88 before giving up early gains and closing at $76.5. New Relic's market cap is currently $5.23 billion with an average daily trading volume of 441,377 shares.
New Relic released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of -0.28 per share on revenue of $239.76 million, topping estimates of -0.48 per share on revenue of $221.53 million. Since the release of its earnings report, New Relic gained 20.21%.
Capri Holdings | Closed yesterday's session at $50.71
Capri Holdings Limited's bearish run has lasted 5 days so far (-$2). Yesterday's session continued down the same path: early in yesterday's session, Capri Holdings dropped to $47.4 from $66.36 at the end of Tuesday, before closing at $50.71. During the session, it lost 23.58%.
Lumen Technologies ended the session at $3.95, continuing its bearish run
More of the same from yesterday's session: after ending Tuesday at $5, Lumen declined to $3.74 yesterday before closing at $3.95, thereby losing 20.84% in total. Lumen Technologies is currently trading with a market cap of $4 billion with an average daily volume of 25.18 million shares. So far this year, it has been under-performing the S&P by 14.13%.
Lumen Technologies was down, even though its quarterly earnings released on Tuesday beat the analysts’ estimates. The reported earnings of 0.43 per share on revenue of $3.8 billion, topping estimates of 0.12 per share on revenue of $3.77 billion.
NanoVibronix ticks up 1.78% in after hours trading; currently at 27.99 cents
After ending Tuesday at 32.5 cents, NanoVibronix dropped to 27.36 cents early in yesterday's session and closed at 27.5 cents. In total, it lost 15.38%. The Israeli medical device maker's market cap currently stands at $9 million with an average daily volume of 184,721 shares.
The company trades at 27.5 cents ahead of quarterly performance report which is scheduled to be released Monday.