{"id":63503,"date":"2025-02-26T12:56:15","date_gmt":"2025-02-26T17:56:15","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=63503"},"modified":"2025-02-26T12:56:15","modified_gmt":"2025-02-26T17:56:15","slug":"stock-market-news-flywire-40-98-grocery-outlet-holding-28-40-among-biggest-losers-during-midday-trading","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-market-news-flywire-40-98-grocery-outlet-holding-28-40-among-biggest-losers-during-midday-trading\/63503\/","title":{"rendered":"Stock market news: Flywire -40.98%, Grocery Outlet Holding -28.40% among biggest losers during midday trading"},"content":{"rendered":"<p><span style=\"font-weight: 400\">As of 12:47 PM EST, several small-cap stocks across different sectors have experienced percentage decline during the midday trading session. After announcing a 10% workforce cut, <\/span><b>Flywire Corporation \u2013 Voting<\/b><span style=\"font-weight: 400\"> has dropped by <\/span><b>\u221240.98%<\/b><span style=\"font-weight: 400\"> to <\/span><b>10.41 USD<\/b><span style=\"font-weight: 400\">, with a market capitalization of <\/span><b>1.3B USD<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><b>Grocery Outlet Holding Corp.<\/b><span style=\"font-weight: 400\"> followed with a decline of <\/span><b>\u221228.40%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>11.27 USD<\/b><span style=\"font-weight: 400\">, bringing its market cap to <\/span><b>1.09B USD<\/b><span style=\"font-weight: 400\">. <\/span><span style=\"font-weight: 400\">Faruqi & Faruqi, LLP, is currently investigating potential claims against Grocery Outlet Holding Corp. on behalf of its investors. Similarly, <\/span><b>Zevia PBC<\/b><span style=\"font-weight: 400\"> fell <\/span><b>\u221226.23%<\/b><span style=\"font-weight: 400\"> to <\/span><b>2.40 USD<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>175.6M USD<\/b><span style=\"font-weight: 400\">, after its fourth-quarter and <\/span><span style=\"font-weight: 400\">full year 2024 results came out.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In the retail trade sector, <\/span><b>The ODP Corporation<\/b><span style=\"font-weight: 400\"> slid <\/span><b>\u221225.74%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>14.25 USD<\/b><span style=\"font-weight: 400\">, with a market capitalization of <\/span><b>429.18M USD<\/b><span style=\"font-weight: 400\">. Co has <\/span><span style=\"font-weight: 400\">reported a decline in its revenue and earnings in the fourth-quarter, resulting in the stock\u2019s decline.<\/span><span style=\"font-weight: 400\"> However, after the release of its Q4 earnings, <\/span><b>OraSure Technologies, Inc.<\/b><span style=\"font-weight: 400\"> recorded a loss of <\/span><b>\u221225.50%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>2.98 USD<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>222.29M USD<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Lastly in the technology services sector, <\/span><b>ZipRecruiter, Inc.<\/b><span style=\"font-weight: 400\"> declined <\/span><b>\u221219.99%<\/b><span style=\"font-weight: 400\">, closing at <\/span><b>5.39 USD<\/b><span style=\"font-weight: 400\">, with a market capitalization of <\/span><b>526.13M USD<\/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. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After announcing a 10% workforce cut, Flywire Corporation \u2013 Voting has dropped by \u221240.98% to 10.41 USD, with a market capitalization of 1.3B USD.\u00a0<\/p>\n","protected":false},"author":433,"featured_media":59203,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[24841,24843,24844,24845,24842,16445],"class_list":["post-63503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-flywire","tag-grocery-outlet-holding","tag-orasure-technologies","tag-the-odp-corporation","tag-zevia-pbc","tag-ziprecruiter"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/63503","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=63503"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/63503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/59203"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=63503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=63503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=63503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}