Why Omeros, Party City Holdco, and Overstock.com Slumped Today [The Motley Fool]
Party City Holdco Inc. (PRTY)
Last party city holdco inc. earnings: 3/12 06:55 am
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Source: The Motley Fool
Why Omeros, Party City Holdco, and Overstock.com Slumped Today Find out which of these stocks was pressured by cryptocurrency fluctuations. Wall Street had a good day on Wednesday, as the Dow Jones Industrial Average and other widely followed stock market indexes generally closed modestly higher. Good news from the long-struggling big-box retail sector helped make investors more enthusiastic about the U.S. economy's prospects, distracting from worries about macroeconomic and geopolitical tensions. Yet some stocks had challenges they couldn't overcome, and Omeros ( NASDAQ:OMER ) , Party City Holdco ( NYSE:PRTY ) , and Overstock.com ( NASDAQ:OSTK ) were among the worst performers on the day. Here's why they did so poorly. Shares of Omeros dropped 18%, falling back from their large gains over the past week . The upward move started on May 10, when the company said that it believed it had "clear paths to accelerated approval for OMS721 in both stem-cell TMA and IgA nephropathy." OMS721
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