National Energy Services Reunited Corp - Ordinary Shares (NESR)

There are notable gap-ups and gap-downs in today's session. Let's take a look at which stocks are gapping on Wednesday.

  Companies Reporting Before The Bell • Equinor (NYSE:EQNR) is projected to report quarterly earnings at $0.63 per share on revenue of $25.05 billion.

Gainers Evelo Biosciences, Inc. (NASDAQ: EVLO) jumped 147.9% to $0.2479. Evelo Biosciences shares dropped 33% on Wednesday after the company announced top-line data from the fourth cohort of its EDP1815 Phase 2 trial, in which the primary endpoint was not met.

Traders across Wall Street have been gunning for a downturn in U.S. stocks, which have been surprisingly resilient in recent weeks despite numerous headwinds. On Tuesday, broad-based indices are showing some weakness while defensive sectors have been rallying modestly.

  Tuesday's session saw 286 companies set new 52-week lows.

  During Friday's session, 149 stocks hit new 52-week lows.

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Gainers Missfresh Limited (NASDAQ: MF) jumped 51.1% to close at $0.2450 on Wednesday.

National Energy Services Reunited Corp (NASDAQ: NESR) has received multiple contract awards worth ~$100 million over three years commencing in 2022 and evenly...

 

    On Thursday, 236 companies hit new 52-week lows.

  On Wednesday, 160 companies hit new 52-week lows. Areas of Significance In Today's 52-Week Lows: Walt Disney (NYSE:DIS) was the largest firm by market cap to set a new...

  On Wednesday, 90 companies set new 52-week lows. Areas of Significance In Today's 52-Week Lows: The company with the largest market cap to set a new 52-week low was...