Top 5 Bottom Performers: NYSE Composite Index Mid-Day Report, Market touched 15,613.17 Low till 1 PM

The New York Stock Exchange (NYSE) Composite Index opened at 15,775.50 on 16th March 2021. Till 1 PM the highest it touched was 15,775.50 and lowest 15,661.75

Top 5 Bottom Performers Till 1 PM:

Par Pacific Holdings Inc. (Change% -14.20% priced at $16.5)

Par Pacific Holdings, Inc. engages in the operation of energy and infrastructure businesses. It operates through the following segments: Refining, Retail, Logistics, and Other. The Refining segment produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, low sulfur fuel oil, and other associated refined products. The Retail segment sells gasoline, diesel, and retail merchandise. The Logistics segment involves in terminals, pipelines, a single-point mooring, and trucking operations to distribute refined products throughout the islands of Oahu, Maui, Hawaii, Molokai, and Kauai. The company was founded on December 21, 1984 and is headquartered in Houston, TX.

Imax Corp. (Change% -11.55 priced at $20.7)

IMAX Corp. is an entertainment technology company, which engages in the business of motion picture technologies and presentations. It operates through following four business segments: Network Business, Theater Business, New Business, and Other. The Network Business segment represents box office results and which includes the reportable segment of IMAX DMR and contingent rent from the joint revenue sharing arrangements and IMAX systems segments. The Theater Business segment includes the sale and installation of theater systems and maintenance services, primarily related to the IMAX Systems and Theater System Maintenance. The New Business segment involves content licensing and distribution fees associated with the firm’s original content investments, virtual reality initiatives, IMAX Home Entertainment, and other business initiatives that are in the development and/or start-up phase. The Other segment refers to certain IMAX theaters that the company owns and operates, camera rentals and other miscellaneous items. The company was founded by Graeme Ferguson, Roman Kroitor, Robert P. Kerr and William Shaw in 1967 and is headquartered in Mississauga, Canada.

Amira Nature Foods Ltd. (Change% -10.81% priced at $3.3)

Amira Nature Foods Ltd. engages in the processing and sale of basmati rice and other food products. It also offers dairy products, oil, other specialty rice, and snacks. The company was founded by B. D. Chanana in 1915 and is headquartered in Dubai, the United Arab Emirates.

HighPoint Resources Corp. (Change%-11.20% priced at $6.5)

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.

Alpha Metallurgical Resources Inc. (Change% -9.39% priced at $11.9)

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.

 

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