{"id":62979,"date":"2025-02-12T10:41:28","date_gmt":"2025-02-12T15:41:28","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=62979"},"modified":"2025-02-12T10:41:28","modified_gmt":"2025-02-12T15:41:28","slug":"stock-market-today-spire-global-50-98-kala-bio-32-54-among-biggest-losers-in-early-trading","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-market-today-spire-global-50-98-kala-bio-32-54-among-biggest-losers-in-early-trading\/62979\/","title":{"rendered":"Stock market today: Spire Global -50.98%, KALA BIO -32.54% among biggest losers in early trading"},"content":{"rendered":"<p><span style=\"font-weight: 400\">As of <\/span><b>10:31 AM EST<\/b><span style=\"font-weight: 400\">, here\u2019s a breakdown of the biggest losing stocks in the early trading session especially in the health technology sector.\u00a0<\/span><\/p>\n<p><b>Spire Global, Inc. <\/b><span style=\"font-weight: 400\">declined <\/span><b>50.98%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>$9.73<\/b><span style=\"font-weight: 400\">, with a market capitalization of <\/span><b>$512.62 million<\/b><span style=\"font-weight: 400\">. The stock was declining on Wednesday after the company made an announcement on late Tuesday regarding a \u201csubstantial doubt\u201d about the company\u2019s ability to continue as a going concern for the upcoming year due to projected cash requirements,\u00a0<\/span><\/p>\n<p><b>\u00a0Atomera Incorporated <\/b><span style=\"font-weight: 400\">dropped <\/span><b>40.58%<\/b><span style=\"font-weight: 400\"> to <\/span><b>$5.14<\/b><span style=\"font-weight: 400\">, with a market valuation of <\/span><b>$147.92 million<\/b><span style=\"font-weight: 400\">. Atomera\u2019s lowered Q4 earnings report resulted in the stock\u2019s decline on Wednesday. Similarly, <\/span><b>Similarweb Ltd.<\/b><span style=\"font-weight: 400\">\u00a0 reported Q4 revenue loss due to which it fell by <\/span><b>36.35%<\/b><span style=\"font-weight: 400\">, as it was priced at <\/span><b>$10.68<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>$872.17 million<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><b>KALA BIO, Inc<\/b><span style=\"font-weight: 400\">. decreased <\/span><b>32.54%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>$7.34<\/b><span style=\"font-weight: 400\">, with a market capitalization of <\/span><b>$44.71 million<\/b><span style=\"font-weight: 400\">. The biopharmaceutical company had announced changes in its top executives recently. However, <\/span><b>Society Pass Incorporated <\/b><span style=\"font-weight: 400\">was down <\/span><b>29.32%<\/b><span style=\"font-weight: 400\">, priced at <\/span><b>$4.05<\/b><span style=\"font-weight: 400\">, with a market valuation of <\/span><b>$14.77 million<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Lastly in the health technology services sector,<\/span><b> STAAR Surgical Company<\/b><span style=\"font-weight: 400\"> dropped <\/span><b>27.86%<\/b><span style=\"font-weight: 400\"> to <\/span><b>$15.78<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>$777.81 million<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Disclaimer: This article is for informational purposes only and does not constitute any financial advice.\u00a0<\/span><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spire Global, Inc. declined 50.98%, trading at $9.73, with a market capitalization of $512.62 million.<\/p>\n","protected":false},"author":433,"featured_media":61635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[24759,24764,24760,24665,24758,24763],"class_list":["post-62979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-atomera","tag-kala-bio","tag-similarweb","tag-society-pass","tag-spire-global","tag-staar-surgical"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/433"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=62979"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/61635"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=62979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=62979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=62979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}