Markets closed lower, with MICT, Inc., Shoals Technologies Group, Inc., CommScope Holding Company, Inc. making yesterday's list of top losers.
A quick update: leading equity indices in the US declined as Dow Jones slipped 1.45% and closed at 33,849. S&P 500 closed at 3,964, a 1.54% change.
Meanwhile, United States CFTC Crude Oil speculative net positions released yesterday at 19:30 UTC with a figure of 252,500, while the previous figure was 278,300.
In line with markets falling yesterday, some technology stocks made the list of top losers. Take a look.
Shoals Technologies | Closed yesterday's session at $29.05
After hitting an important low of $9.78 approximately 7 months ago, the solar energy project enabler has bounced back 217.28% since. Shoals Technologies's market cap is currently $3.30 billion with an average daily trading volume of 2 million shares. Shoals Technologies last reported revenue of $90.82 million with an EPS of 7 cents.
CommScope Holding Company, Inc. | Closed 50 cents (-5.52%) lower at $8.55
CommScope Holding Company, Inc.'s bearish run has lasted 5 days so far (-11 cents). Yesterday's session continued the recent downtrend: the broadband enterprise business plunged into the red after losing 5.52%, declining to $8.55. Yesterday's trading volume was 1.60 million shares which is under the 21-day average of 3.74 million.
MICT | Currently down 13.08% at $1.13
Despite the risk-off mood, Micronet Enertec Technologies was range-bound between $1 to $1.35 and settled at $1.13. Daily trading volume (1.87 million shares) increased, making up 447% of the 21-day average (418,460).