As of 1:01 PM EST, here’s a breakdown of the biggest losing stocks during the midday trading session.
At the top of the chart stood Target Hospitality Corp. as it saw a decline of 52.14%, with its stock price falling to 4.48 USD, and a market capitalization of 926.09 million USD. The company is on record for its worst performance as the U.S. government has cancelled the company’s services agreement.
Volato Group, Inc. followed with a 32.00% drop, trading at 2.55 USD, and a market cap of 6.91 million USD. Similarly in the industrial services sector, Heidmar Maritime Holdings Corp. also fell 28.18% to 3.11 USD.
Boxlight Corporation, a leading provider of technology solutions for the global learning market declined by 27.10%, bringing its stock price to 2.26 USD, and a market cap of 4.45 million USD. Other notable decliners included ScanTech AI Systems Inc., down 27.05% to 2.40 USD, with a market cap of 49.77 million USD,
Lastly in the consumer services sector Aureus Greenway Holdings Inc., which fell 21.08% to 4.25 USD with its market capitalization being unavailable currently.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.