TuSimple Holdings Inc., Farfetch Limited, Aurora Cannabis Inc. are at the top of this list of down trending small cap stocks.
Markets are up including news that Nasdaq up to 11,083, gaining 1.14%. S&P 500 up 0.75%, trading at 3,963.62.
On the other hand, fresh Initial Jobless Claims data released in United States matched analyst forecasts with a reading of 230,000 — a backwards step from its previous reading of 226,000.
What is a downtrend?
A trend is the overall direction of a market or an asset's trading price over a certain period. A downtrend is when the price is generally pointing downwards; there can be certain periods of time when the price increases, yet the trend remains in a downward direction.
10 days of a downtrend, losing a total of 28.81%: TuSimple Holdings currently down 1.75% halfway through today
In the last 10 days, TuSimple Holdings Inc. has lost a total of 28.81% of its value. more of the same today: while bearish sentiment is dominating the market, the US holding company is maintaining its poise around $1.68 while ranging between $1.61 and $1.78 so far today.
Slumps for 4 days and losing 21.06%, Farfetch Limited currently down 1.28% halfway through today
Farfetch Limited has been losing ground for 4 days, shedding a total of 21.06% of its value. similar trend today: slightly weaker but mostly flat: Farfetch Limited is currently trading at $4.73 as it maintains an active range between $4.72 and $five.
Continuing a 4 day nosedive: Aurora Cannabis currently down 0.44% halfway through today
Similar trend today: while bearish sentiment is dominating the market, the Canadian cannabis producer is maintaining its poise around $1.12 while ranging between $1.08 and $1.16 so far today. Aurora Cannabis has been losing ground for 4 days, shedding a total of 19.64% of its value.
The company's market cap is $364.87 million with an average daily volume of 13.79 million shares. The Canadian cannabis spearhead is now trading 82.8% below the significant high of $6.57 it set around a year ago. Aurora Cannabis has a forecast of $38.85 million with an EPS of -9 cents.