Stock market news: Vertical Aerospace -29.21%, Archer Aviation Inc. -24.71% among biggest losers during mid day trading

As of 12:42 pm EST several stocks have showcased downward movement. Here’s a breakdown of the biggest losers during the mid day trading session.

Vertical Aerospace declined by −29.21%, with shares priced at 7.15 USD and a market cap of 136.62 M USD.

Archer Aviation Inc. fell by −24.71%, with a stock price of 7.21 USD and a market cap of 3.06 B USD. However, Quantum Corporation decreased by −24.27%, with its stock at 13.19 USD and a market cap of 63.93 M USD.

Sadot Group Inc. dropped by −22.29%, with shares valued at 4.08 USD and a market cap of 23.43 M USD. Meanwhile, SmartKem, Inc. saw a decline of −21.05%, with shares priced at 4.95 USD and a market cap of 8.81 M USD.

Lastly, Foxx Development Holdings Inc. fell by −19.28%, with shares trading at 3.83 USD and a market cap of 27.85 M USD.

Disclaimer: This article is for informational purposes only and does not constitute any financial advice.