Markets closed lower, with Tuya Inc., Paysafe Limited, Everbridge, Inc. making yesterday's list of top losers.
A quick update before today's session: leading equity indices in the US declined as after dropping 1.58%, S&P 500 closed at 4,071.63. Nasdaq lost 1.98% and ended the session at 11,800.
While price action maintains a negative bias, United States New Home Sales (Mar) released yesterday at 14:00 UTC with a figure of 683,000, while the previous figure was 623,000.
In line with markets falling yesterday, some technology stocks made the list of top losers. Take a look.
Tuya | Closed 19 cents (-9.36%) lower at $1.84
Having fallen 10 cents in 4 days, Yesterday's session continued the recent downtrend: early in yesterday's session, Tuya dropped to $1.83 from $2.03 at the end of Monday, before closing at $1.84. During the session, it lost 9.36%.
Paysafe | Closed down 8.83% at $14.15 yesterday
Paysafe's bearish run has lasted 11 days so far (-$1.03). Yesterday's session continued down the same path: early in yesterday's session, Paysafe dropped to $14.14 from $15.52 at the end of Monday, before closing at $14.15. During the session, it lost 8.83%.
-8.82%: bearish mood pushes Everbridge to session low of $26.26
More of the same from yesterday's session: the US enterprise software company plunged into the red after losing 8.82%, declining to $26.37. The company has a market cap of $1 billion with an average daily volume of 388,188 shares.