Top 5 Bottom Performers: NYSE Composite Index Mid-Day Report, market touched 15,613.17 low till 2 PM

The New York Stock Exchange (NYSE) Composite Index opened at 15,715.21 on 15th March 2021. Till 2 PM the highest it touched was 15,736.49 and lowest 15,613.17

Top 5 Bottom Performers Till 2 PM:

Garrett Motion Inc. (Change% -15.04 priced at $4.97)

Garrett Motion, Inc. provides automobile technology. The firm engages in the designing, manufacturing and selling engineered turbocharger, electric-boosting technologies for light and commercial vehicle original equipment manufacturers. It offers light vehicle gasoline, light vehicle diesel and commercial vehicle turbochargers that enhance vehicle performance, fuel economy and drivability. The company was founded on March 14, 2018 and is headquartered in Rolle, Switzerland.

Alpha Metallurgical Resources Inc. (Change% -13.77 priced at$13.38)

Alpha Metallurgical Resources, Inc. engages in the provision of met and thermal coal. It operates through the following business segments: Central Appalachia (CAPP)-Met; Central Appalachia (CAPP)-Thermal; Northern Appalachia (NAPP); and All Other. The CAPP-Met comprises of seven active mines and two preparation plants in Virginia, sixteen active mines and five preparation plants in West Virginia. The CAPP – Thermal segment consists of five active mines and two preparation plants in West Virginia. The NAPP segment focuses in one active mine in Pennsylvania and one preparation plant. The All-Other segment includes general corporate overhead and corporate assets and liabilities, elimination of intersegment activity, and discontinued operations. The company was founded on June 26, 2016 and is headquartered in Bristol, TN.

FinVolution Group ADR (Change% -12.21 priced at $7.55)

FinVolution Group is an online consumer finance platform in China connecting underserved individual borrowers with financial institutions. The firm has developed technologies and accumulates in-depth experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The company’s platform, empowered by proprietary cutting-edge technologies, features an automated loan transaction process, which enables a superior user experience. FinVolution Group was founded by Shao Feng Gu, Hong Hui Hu, Tie Zeng Li, and Jun Zhang in 2007 and is headquartered in Shanghai, China.

TimkenSteel Corp. (Change% -11.68 priced at $10.59)

TimkenSteel Corp. engages in the manufacture of alloy, carbon and micro-alloy steel products. It includes special bar quality steel, seamless mechanical tubing, gears, grades of steel, jumbo bloom vertical caster, TimkenSteel ultra-premium technology, and TimkenSteel endurance steels. Its services include thermal treatment, value added components, technical support and testing, supply chain, and TimkenSteel portal. The company was founded on October 24, 2013 and is headquartered in Canton, OH.

HighPoint Resources Corp. (Change% -10.99 priced at $7.19)

HighPoint Resources Corp. operates as an independent oil and gas company. It engages in the exploration, development and production of oil, natural gas and natural gas liquids. The company was founded in 2002 and is headquartered in Denver, CO.

 

Yash Sadhak Shrivastava

Yash is an aspiring voice in the Journalistic forefront with more than 3 years of experience. Primarily focused on statecraft & geopolitics. Have been highly unapologetic throughout his career to bring forth truth. He can be reached at yashshrivastava95@gmail.com