Steep depreciation of Praxis Precision, Unstoppable rise of Communication services NASDAQ

Report NASDAQ 2023-03-03

The shares with the most relevant rises today

Today the following values RISE Education Cayman, ObsEva, Kala Pharma, Mountain Crest Acquisition III, Information Analysis have left us spectacular increases.

- The Stock that has made the difference with its rise is RISE Education Cayman, it has an increase of 139,86% reaching a value of 3,43$ per share. Great result for this company.
- The second highest rising security is ObsEva, close to the 114,15% rise, and the price of its share right now is 0,23$. We will follow this value closely.
- The third, but not least, corresponds to Kala Pharma, with a current price of 16,85$, it has had a strong rise from 65,69%. We will have to follow this action closely.

Today's worst stocks, significant devaluation

The following shares are the ones that have lowered the price of their share the most: Praxis Precision, Scopus, ZimVie, Female Health, Secoo Holding.

- The Stock that has suffered the most important collapse is Praxis Precision, it has dropped to 0,99$, with a drop of -65,92%. Be careful if we have our investments deposited here.
- The second worst action is Scopus, its fall has been brutal, reaching a -47,07% reaching the price of 0,18$. We will have to be careful with this action in the future.
- The third in the podium of the losers is ZimVie, which has remained in the 5,79$, lowering its value compared to yesterday by -44,65%. We will analyze this action soon.

These are the 3 sectors that have done the best today

The sectors that have reached the top today are Materials, Information technology, Supplies, emerging thanks to the rise in their values.
The actions of the industries vary according to many variables that affect them directly or indirectly. On this day we have three big increases that are: Materials with a great growth of 3,96%, Information technology that follows from close with a rise of 2,05% and, finally, Supplies that reaches the podium with a percentage of 2,04%.

The current status of the categories is largely thanks to Information Analysis that has increased a p1] to reach the value of 1,22$, to SoundHound AI that gets 4,03$ of value when raising a 23,75% and Priority Tech that undergoes an increase in 11,81% until it reaches the value of 4,03$.

Several sectors that have been harmed today

The worst sectors of the day are without more Communication services, First need products, Non-cyclical consumption, let's be careful with our investments.
Today there has been no mercy with Communication services, which has dropped by -0,57% its entire conglomerate, then we have the sector First need products which has also been heavily affected with a drop in -0,44%, and close to them is Non cyclical consumption, which has reached an average drop of 0,29%. Every day we receive information that affects our assets in one way or another.

The stocks most affected by this drop in the sector have been Zymergen, FingerMotion and China Xiangtai Food Co, with a decrease in -11,45%, -8,05% and -7,70% respectively.

Most active actions of the day today

The most active Stocks today have been Exela Tech with 474,61M of operations, ObsEva with 192,09M of buy-sell options, Tesla with 149,18M of buy / sell movements and Net Element with 139,14M in volume of assets. When a stock has a huge amount of volume (the case of these four), it means that the activity has intensified.

Values that today manage to surpass their 52Week

The following assets have crossed their marked limit in the last 52 weeks Virtuoso Acquisition (14,51$).
The increase in the price of these shares means good news for these companies that have risen to the annual maximum.