In today’s limelight are these four stocks that we’re talking about.
Alkaline Water Company Inc stock trades bearish on Wednesday session
Alkaline Water Company Inc (NASDAQ: WTER) was down 7.48% to trade at $1.36 on Wednesday’s session after moving within the range of $1.26 – $1.47. The yearly range of this stock is $0.93 – $2.60. Arizona-headquartered company has a market capitalization of $120.65 million. Over the last five days, this stock has remained 8.17% down. At the end of the session, 318K shares were trading against its average volume of 1.67 million shares.
Weidai Ltd (NYSE: WEI) remains down over the week
As we are at the end of this week, WEI continues to remain bearish. Over the last five days, the stock has moved south, registering a double-digit fall of 13.73% on Wednesday. Over the week, the stock moved down 20.96%. Yesterday, WEI exited the market at $1.32 after moving in the range of $1.30 – $1.60. Its yearly range is $0.73 – $5.49.
Sorrento Therapeutics Inc (NASDAQ: SRNE) continues a month-long downtrend
Since June 2021, the stock has moved down 4.83%. The same spell has continued in the last five days, which dribbled down even yesterday. Sorrento had a double-digit downfall of 12.95% yesterday, and it closed at $8.27, registering a loss of $1.23. There were 51K shares exchanged till 4:00 p.m. yesterday against its average volume of 8.26 million.
ProShares UltraPro Short QQQ ETF (NASDAQ: SQQQ) remains down since the beginning of the year
SQQQ has remained down since the beginning of this year. Since January, there has been a fall of 39.68%. The stock dropped 0.75% on Wednesday and exited at $8.65 after trading in the $8.52 – $8.80 range. The stock is moving close to its 52-week low. The yearly range of SQQQ is $8.52 – $29.42. There were 547K shares exchanged at the end of the hours yesterday against its average trading volume of 61.76 million shares.