{"id":63177,"date":"2025-02-19T13:21:16","date_gmt":"2025-02-19T18:21:16","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=63177"},"modified":"2025-02-19T13:21:16","modified_gmt":"2025-02-19T18:21:16","slug":"stock-market-news-allurion-technologies-31-00-bumble-28-09-among-biggest-losers-during-midday-trading","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-market-news-allurion-technologies-31-00-bumble-28-09-among-biggest-losers-during-midday-trading\/63177\/","title":{"rendered":"Stock market news: Allurion Technologies -31.00%, Bumble -28.09% among biggest losers during midday trading"},"content":{"rendered":"<p><span style=\"font-weight: 400\">As of 1:12 PM EST, the following companies experienced stock price declines during the midday trading session:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the top of the chart was<\/span><b> Allurion Technologies, Inc.<\/b><span style=\"font-weight: 400\"> dropped <\/span><b>31.00%<\/b><span style=\"font-weight: 400\"> to <\/span><b>3.85 USD<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>18.45\u202fM USD. <\/b><span style=\"font-weight: 400\"> <b>Allurion Technologies\u2019 <\/b>stock was plunging after the company said Wednesday that it expects to raise around <\/span><span style=\"font-weight: 400\">$6.1 million from a registered direct share offering to institutional investors.\u00a0<\/span><\/p>\n<p><b>Bumble Inc. (BMBL)<\/b><span style=\"font-weight: 400\"> fell <\/span><b>28.09%<\/b><span style=\"font-weight: 400\"> to <\/span><b>5.83 USD<\/b><span style=\"font-weight: 400\">, holding a market cap of <\/span><b>630.16\u202fM USD<\/b><span style=\"font-weight: 400\">. Bumble missed out on its quarterly earnings estimates resulting in the stock\u2019s plunge. SImilarly, <\/span><b>Mullen Automotive, Inc. (MULN)<\/b><span style=\"font-weight: 400\"> declined <\/span><b>27.88%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>7.14 USD<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>7.73\u202fM USD<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><b>Society Pass Incorporated (SOPA)<\/b><span style=\"font-weight: 400\"> fell <\/span><b>27.53%<\/b><span style=\"font-weight: 400\"> to <\/span><b>2.21 USD<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>8.22\u202fM USD<\/b><span style=\"font-weight: 400\">. However in the retail trade sector, <\/span><b>Tandy Leather Factory, Inc. (TLF)<\/b><span style=\"font-weight: 400\"> dropped <\/span><b>26.75%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>3.97 USD<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>33.44\u202fM USD<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Finally in the process industries sector,<\/span><b> Celanese Corporation (CE)<\/b><span style=\"font-weight: 400\"> declined <\/span><b>23.53%<\/b><span style=\"font-weight: 400\"> to <\/span><b>53.46 USD<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>5.84\u202fB USD<\/b><span style=\"font-weight: 400\">, after the company failed to meet its Q4 revenue estimates.<\/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>At the top of the chart was Allurion Technologies, Inc. dropped 31.00% to 3.85 USD, with a market cap of 18.45\u202fM USD.<\/p>\n","protected":false},"author":433,"featured_media":58993,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[24363,9241,22572,23284,24665,24787],"class_list":["post-63177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-allurion-technologies","tag-bumble","tag-celanese-corporation","tag-mullen-automotive","tag-society-pass","tag-tandy-leather-factory"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/63177","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=63177"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/63177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/58993"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=63177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=63177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=63177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}