Technology Stocks

Midday movers on Wednesday session: ZNGA, TME, ZOM, NYL

The stocks that remained active on Wednesday’s trading session are-

Zynga Inc (NASDAQ: ZNGA) remains on the downtrend on Wednesday’s session

Zynga Inc (NASDAQ: ZNGA) dropped 2.69% to trade at $10.86 yesterday after moving within the range of $10.78 – $11.18. The volume of shares exchanged at the bells ring was 104K against the average volume of 12.86 million shares. The market capitalization of the company is $11.82 billion. The social game development company had a Q1-2021 revenue of $680.30 million, up 68.47% from the previous year. Zynga has remained an underperformer on Wednesday. 

Tencent Music Entertainment Group – ADR (NYSE: TME) remains bearish for a month

Tencent Music Entertainment Group – ADR (NYSE: TME) has been down 10.73% for a month now. The spell continued on Wednesday when TME was trending down 3.19% to exit at $13.65 after trading within the range of $13.62 – $14.24. The 52-week range of this company is $13.58 – $32.25. The market capitalization of this company is $ 23.10 billion. Yesterday’s stock’s trading volume was 123K shares as against the average volume of 12.25 million shares. The P/E ratio of the company is 35.53. 

Zomedica Corp (NYSEAMERICAN: ZOM) dropped 5.74%

Zomedica Corp plunged 5.74% on Wednesday’s trading session to exit at $0.74 after moving through the range of $0.72 – $0.78. The 52-week range of this stock is $0.063 – $2.91. The market capitalization of the company is $718.89 million. At the end of the session, there were 117 K shares exchanged compared with its average volume of 34.57 million shares. The company has its headquarters in Michigan, United States. 

Nyle International Ord Shs (OTCMKTS: NYLE) sinks 4.80%

Nyle International started the week on a choppy note and has remained bearish through the last five days. This was the sixth consecutive day when the stock remained slumped. Over the week, there has been a 55.60% downfall in the stock. Yesterday, the stock fell 4.80% to exit at $0.11. There was no short shift in the price as it continued to trade in the range of $0.11 – $0.11. The yearly range of this stock is $0.035 – $0.51. 

Leave a Comment

Your email address will not be published.

*