Markets closed lower, with Otonomo Technologies Ltd., Asana, Inc., Affirm Holdings, Inc. making yesterday's list of top losers.
Ahead of today's trading session: leading equity indices in the US declined as after dropping 0.67%, S&P 500 closed at 3,695. Nasdaq lost 0.85% and ended the session at 10,681.
This downslide might be related to financial indicators data published earlier as highly important Crude Oil Inventories data from United States beat analyst expectations of 1.38 million with a reading of -1.73 million.
In line with markets falling yesterday, some technology stocks made the list of top losers. Take a look.
Affirm | Currently down 8.29% at $17.91
After ending Tuesday at $19.53, Affirm fell down to $17.62 yesterday and closed at $17.91 — losing 8.29% of its value.
Asana | Ended yesterday's session at $18.75
After ending Tuesday at $20.58, Asana dropped to $18.45 early in yesterday's session and closed at $18.75. Overall, it lost 8.89% of its value. Daily trading volume (4.15 million shares) was slightly above the current multiday average of 3.92 million.
Otonomo | Currently down 10.03% at 26 cents
Pronounced bearish market sentiment ensured that Otonomo made a notable 10.03% loss yesterday, declining 2.9 cents and ultimately closing at 26 cents.