As of 12:54 PM EST, health and tech stocks have faced steep decline during the midday trading session. At the top of the chart was OSR Holdings, Inc. as it dropped by -39.74%, trading at 3.29 USD with market cap settled at 7.63 M USD.
Mullen Automotive, Inc. (MULN) fell -28.84%, with shares priced at 5.09 USD and a market cap of 5.51 M USD, this decline came due to the loss reported by the company in first-quarter. Similarly, in the transportation sector, Jet.AI Inc. (JTAI) declined by -28.43%, trading at 7.26 USD with a market cap of 14 M USD.
Editas Medicine, Inc. (EDIT) lost -26.09%, with shares priced at 2.37 USD and a market cap of 195.23 M USD. However in the finance sector, Trupanion, Inc. (TRUP) dropped -21.89%, trading at 37.11 USD with a market cap of 1.57 B USD. This fall came after the pet insurer company reported slowed down subscriber growth in Q4.
Finally, Vimeo, Inc. (VMEO) declined -21.02%, with shares priced at 5.36 USD and a market cap of 888.13 M USD. The stock was plunging on Thursday as the company reported reduced profit and reduced number of subscribers for the app in the fourth-quarter.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.
