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As of 10:27 AM EST, stocks have experienced negative percentage change in the early trading session. At the top of the chart was Twin Hospitality Group Inc. as it dropped 20.56% to $11.13 with its market cap unavailable at present.
Estee Lauder Companies, Inc. fell 18.76%, trading at $67.24, with a market cap of $24.14 billion. The luxury beauty brand’s stock was down on Tuesday morning after it reported a weak earnings report and also announced a workforce cut of around 7000 employees. Similarly, Atkore Inc. declined 14.94% to $67.81, bringing its market cap to $2.35 billion.
Synaptics Incorporated slid 12.40% to $74.50, with a market cap of $2.98 billion. However in the technology services sector, Society Pass Incorporated decreased 12.34%, now at $2.13, with a market cap of $7.77 million.
Finally, Merck & Company, Inc. dropped 11.61% to $88.21, with a market cap of $223.13 billion. Merck’s stock fell after it reported fourth-quarter adjusted earnings that beat analysts’ estimates but issued guidance for f2025 that missed expectations.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.