Stock Updates: GDS Holdings, Global Payments, Medpace, Rivian, and NIO among top losers in the market this morning

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Several stocks have experienced significant losses in today’s trading session, with companies across multiple sectors seeing sharp declines. Here’s a look at the top performers on the downside as of 10:21 AM ET:

  • GDS Holdings Limited (GDS): The stock dropped -6.26%, trading at $20.18, with a volume of 578.684k shares, underperforming compared to its 3-month average volume of 1.626M.
  • Global Payments Inc. (GPN): Down -6.56%, now trading at $97.00, losing $6.81. The payment services provider has a trading volume of 2.082M, surpassing its 3-month average of 2.007M.
  • Medpace Holdings, Inc. (MEDP): The stock fell -6.99%, trading at $330.93. With a loss of $24.89, it saw a volume of 258.593k compared to its average of 292.738k.
  • Anglo American Platinum Limited (ANGPY): Declined -5.98%, with shares trading at $6.14. The volume for the session is 25.376k, below its 3-month average of 144,888.
  • PHINIA Inc. (PHIN): The stock is down -5.82%, trading at $47.75, with a volume of 91.621k, below its average of 773.609k.
  • General Motors Company (GM): The automaker dropped -5.82%, trading at $45.28, with a volume of 6.916M, below its average of 13.457M.
  • Rivian Automotive, Inc. (RIVN): Shares are down -5.53%, now trading at $11.19. Volume for the stock is 13.845M, higher than the 3-month average of 39.726M.
  • NIO Inc. (NIO): The electric vehicle company saw a -5.05% decline, trading at $5.64 with 27.076M shares traded.
  • Zai Lab Limited (ZLAB): Down -5.10%, trading at $20.47, with a volume of 153.153k shares.
  • Ecopetrol S.A. (EC): The stock dropped -4.99%, trading at $8.85, with a volume of 1.212M shares.

These stocks have seen notable declines, driven by a mix of sector-specific challenges and market sentiment. Investors are closely monitoring these movements as the trading session continues.

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