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As of 10:33 AM EST, here’s a breakdown of the biggest losing stocks in the early trading session. At the top of the chart was Tantech Holdings Ltd. as it traded at 3.70 USD, with a market cap of 3.99 M USD and a decline of −97.24%.
Hydrofarm Holdings Group, Inc. was priced at 5.65 USD, holding a market cap of 24.92 M USD and a change of −89.54%. The group announced a reverse stock split earlier this week. Similarly in the distribution services sector, HomesToLife Ltd traded at 4.30 USD with a market cap of 136.3 M USD and a decline of −53.66%.
The Trade Desk, Inc. fell to 82.62 USD, carrying a market cap of 40.78 B USD and a change of −32.41%, after the company missed out on its expected earnings revenue. Whereas, West Pharmaceutical Services, Inc. traded at 224.16 USD, with a market cap of 16.23 B USD and a decrease of −30.45%, the stock was plunging after it fell short of its earnings expectations.
Lastly in the technology services sector, Fastly, Inc. traded at 7.56 USD, holding a market cap of 1.06 B USD and a decline of −24.96%.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.