As of 10:35 AM EST, several small cap stocks experienced a downward percentage in the early trading session. At the top of the chart of losers was Allurion Technologies, Inc. fell by 34.59%, trading at 3.65 USD with a market capitalization of 17.5 M USD.
Bumble Inc. (BMBL) dropped by 28.33%, priced at 5.81 USD, with a market cap of 628 M USD, after the company fell short of Q1 earnings estimates. Similarly, Tandy Leather Factory, Inc. (TLF) declined by 27.12%, trading at 3.95 USD and holding a market capitalization of 33.27 M USD.
In the technology services sector, Society Pass Incorporated (SOPA) decreased by 24.00%, priced at 2.32 USD, with a market cap of 8.62 M USD while Mullen Automotive, Inc. (MULN) saw a decline of 20.91%, with its stock trading at 7.83 USD and a market capitalization of 8.48 M USD.
Lastly, Celanese Corporation (CE) fell by 20.07%, trading at 55.88 USD, with a market capitalization of 6.11 B USD. The stock fell after the company missed out on fourth-quarter revenue estimates.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.
