After-Hours Slump: Biggest Losers Drag NASDAQ 100 Lower
Pic Courtesy @ Google Images.
The after-hours session on April 10th saw several prominent names on the NASDAQ 100 take a tumble. While the broader market indexes closed with modest gains, these companies bucked the trend, leaving investors scratching their heads.
This article dives into the biggest losers on the NASDAQ 100 after the closing bell.
Tech Titans Stumble:
The technology sector, a usual driver of the NASDAQ 100, saw some notable decliners. Chipmaker NVIDIA (NVDA) shed over 2%, while streaming giant Netflix (NFLX) dipped by more than 1.6%. Both companies have enjoyed significant gains in recent months, so this pullback could be a case of profit-taking by investors.
Broader Market Woes:
Beyond tech, other sectors also experienced losses. Travel and leisure company Booking Holdings (BKNG) fell slightly, while retail giant Dollar Tree (DLTR) dipped by nearly 1%. These declines could reflect concerns about inflation and rising interest rates, which could dampen consumer spending.
Mixed Performance:
The after-hours session wasn’t all doom and gloom. Companies like Linde (LIN) and Old Dominion Freight Line (ODFL) managed to hold their ground, while CrowdStrike (CRWD) even saw a slight uptick. This highlights the selective nature of after-hours trading, where individual company news can have a more significant impact compared to regular trading hours.
Keeping an Eye on the Trend:
It’s important to remember that after-hours trading volumes are typically lower than regular trading hours. While these price movements can be indicative of future performance, they shouldn’t be taken as definitive signals. Investors should monitor these companies during the next trading day to see if the after-hours trends continue.
Looking Ahead:
The reasons behind these after-hours declines could be varied. Company-specific news, broader market concerns, or simply profit-taking after recent rallies could all be contributing factors. Investors should stay informed about upcoming earnings reports, economic data releases, and any company-specific news that might shed light on these price movements.
In the dynamic landscape of the stock market, various factors contribute to the rise and fall of stock prices. Investors constantly seek insights into companies’ performances to make informed decisions. In this article, we delve into the recent market trends of top-performing companies, analyzing their latest prices, previous close, highs, lows, and fluctuations over different time frames.
Let’s Take a Look at Some of the Biggest Losers in the Today’s Trading Session.
1) Booking Holdings (BKNG)
Latest Price: $3,581.48
Previous Close: $3,601.17
High: $0.00
Low: $0.00
+/-: -$19.69
% Change: -0.55%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: +$139.06 (4.02%)
6 Month Change: +$552.46 (18.12%)
1 Year Change: +$1,018.05 (39.40%)
Booking Holdings, despite a slight decrease in its latest price, has shown resilience over the past year, with a significant positive change.
2) Charte a (CHTR)
Latest Price: $271.46
Previous Close: $273.05
High: $0.00
Low: $0.00
+/-: -$1.59
% Change: -0.58%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: -$111.38 (-29.40%)
6 Month Change: -$163.67 (-37.96%)
1 Year Change: -$82.78 (-23.63%)
Charte a experiences a marginal decline, reflective of the broader market fluctuations.
3) Dollar Tree (DLTR)
Latest Price: $127.33
Previous Close: $128.22
High: $0.00
Low: $0.00
+/-: -$0.89
% Change: -0.69%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: -$6.86 (-4.99%)
6 Month Change: +$25.36 (24.07%)
1 Year Change: -$18.33 (-12.30%)
Dollar Tree demonstrates mixed performance, with short-term fluctuations contrasting its positive long-term growth.
4) Linde (LIN)
Latest Price: $457.94
Previous Close: $461.67
High: $0.00
Low: $0.00
+/-: -$3.73
% Change: -0.81%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: +$56.41 (13.82%)
6 Month Change: +$91.16 (24.40%)
1 Year Change: +$108.12 (30.32%)
Linde showcases steady growth over the past year, with consistent positive changes.
5) CrowdStrike (CRWD)
Latest Price: $310.77
Previous Close: $313.73
High: $0.00
Low: $0.00
+/-: -$2.96
% Change: -0.94%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: +$54.22 (20.75%)
6 Month Change: +$138.81 (78.56%)
1 Year Change: +$187.68 (146.83%)
CrowdStrike emerges as a standout performer, exhibiting remarkable growth rates across all time frames.
6) Old Dominion Freight Line (ODFL)
Latest Price: $222.52
Previous Close: $224.69
High: $0.00
Low: $0.00
+/-: -$2.17
% Change: -0.97%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: +$28.22 (14.37%)
6 Month Change: +$17.86 (8.64%)
1 Year Change: +$61.69 (37.87%)
Old Dominion Freight Line displays stable growth, though at a slower pace compared to some counterparts.
7) O Reilly Automotive (ORLY)
Latest Price: $1,095.74
Previous Close: $1,107.24
High: $0.00
Low: $0.00
+/-: -$11.50
% Change: -1.04%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: +$189.62 (20.43%)
6 Month Change: +$215.41 (23.88%)
1 Year Change: +$256.43 (29.78%)
O Reilly Automotive demonstrates steady growth, indicative of its robust performance in the automotive industry.
8) Synopsys (SNPS)
Latest Price: $568.99
Previous Close: $576.36
High: $0.00
Low: $0.00
+/-: -$7.37
% Change: -1.28%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: +$75.47 (15.09%)
6 Month Change: +$102.19 (21.59%)
1 Year Change: +$199.53 (53.08%)
Synopsys displays consistent growth, particularly notable over the past year, reflecting its strong market position.
9) Comcast (CMCSA)
Latest Price: $40.15
Previous Close: $40.71
High: $0.00
Low: $0.00
+/-: -$0.56
% Change: -1.38%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: -$2.83 (-6.47%)
6 Month Change: -$2.57 (-5.91%)
1 Year Change: +$3.21 (8.52%)
Comcast experiences minor fluctuations, with a slight decrease in its latest price.
10) Netflix (NFLX)
Latest Price: $618.20
Previous Close: $628.41
High: $0.00
Low: $0.00
+/-: -$10.21
% Change: -1.62%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: +$151.15 (31.16%)
6 Month Change: +$254.67 (66.75%)
1 Year Change: +$296.85 (87.48%)
Netflix demonstrates impressive growth, with substantial increases over the past year, indicating its continued dominance in the streaming market.
11) Constellation Energy (CEG)
Latest Price: $188.10
Previous Close: $191.98
High: $0.00
Low: $0.00
+/-: -$3.88
% Change: -2.02%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: +$76.05 (64.98%)
6 Month Change: +$82.91 (75.26%)
1 Year Change: +$116.12 (150.88%)
Constellation Energy stands out with remarkable growth rates across all time frames, indicating its strong market position and potential for future expansion.
12) NVIDIA (NVDA)
Latest Price: $853.54
Previous Close: $871.33
High: $0.00
Low: $0.00
+/-: -$17.79
% Change: -2.04%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: +$357.55 (68.43%)
6 Month Change: +$422.46 (92.32%)
1 Year Change: +$609.71 (225.51%)
NVIDIA exhibits exceptional growth, underscoring its leading position in the semiconductor industry and promising future prospects.
13) Paccar (PCAR)
Latest Price: $119.18
Previous Close: $122.51
High: $0.00
Low: $0.00
+/-: -$3.33
% Change: -2.72%
Trade Time: 08:00 PM, 10.04.2024
3 Month Change: +$26.46 (27.63%)
6 Month Change: +$34.73 (39.70%)
1 Year Change: +$53.72 (78.43%)
Paccar demonstrates robust growth, with significant increases over all analyzed time frames, indicating its strong performance in the automotive industry.
In conclusion, the after-hours session for the NASDAQ 100 on April 10th presented a mixed picture. While some tech giants like NVIDIA and Netflix saw price drops, others like Linde and CrowdStrike held steady.
This selective movement highlights the influence of individual company news and profit-taking in after-hours trading.
While these declines are noteworthy, it’s crucial to remember the lower trading volumes during this time.
Observing how these stocks perform during the next regular trading session will provide a clearer picture of any lasting impact. Investors should stay tuned for any upcoming news or events that might explain the reasons behind these price movements.
By following these companies and staying informed about the market, investors can make informed decisions about their holdings.
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