Business

Market updates for Wednesday: RIG, NAKD, PBTS, ITRM

Four stocks that remained active in the trading sessions are discussed here. 

Transocean LTD (NYSE: RIG) remains bearish for the Wednesday session

Transocean LTD (NYSE: RIG) reflected on the bearish trend yesterday as it plunged 4.05% to close at $4.50 on Wednesday’s trading session. The stock moved within the range of $4.30 – $4.78 yesterday, while its 52-week range is $0.65 – $5.13. 554K shares were trading in the market yesterday at the ring of bells, against its average volume of 30.88 million shares. The company has a market capitalization of $2.78 billion. 

Naked Brand Group Ltd (NASDAQ: NAKD) stripped of 3.32%

The stock has remained in the talks for quite some time now. Even though this is an active stock market, it remained 3.32% down on Wednesday and exited at $0.59. In the after-hours, it further dropped 0.29%. Through the day, the stock moved within the range of $0.56 – $0.61. Its 52-week run is $0.066 – $3.40.

Powerbridge Technologies Co Ltd (NASDAQ: PBTS) takes a plunge of 18.36%

PBTS took a dip of 18.36% on Wednesday’s trading session to close at $2.49 after moving within the range of $2.26 – $3.05. The yearly range of this stock is $1.07 – $9.65. 60K shares were trading in the market yesterday at the close of the market, against its average volume of 4.03 million shares. The market value of this stock is $113.99 million. The company was founded in 1997 and is headquartered in China. 

Iterum Therapeutics PLC (NASDAQ: ITRM) plunged on yesterday’s session

Iterum Therapeutics PLC (NASDAQ: ITRM) plunged 5.47% on Wednesday and closed at $1.21 after moving within the range of $1.13 – $1.31. The 52-week range of this stock is $0.45 – $3.00. There were 241K shares exchanged in the market yesterday against its average volume of 17.92 million shares. The company has its headquarters in Ireland. 

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