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Stock impact report

Why Full Truck Alliance Co. Ltd. (YMM) Went Down On Friday? [Yahoo! Finance]

Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) (YMM) 
Company Research Source: Yahoo! Finance
Ltd. (NYSE:YMM) stands against other firms that suffer amid optimistic market environment. Wall Street's main indices recovered losses on Friday, as investors repositioned portfolios while digesting the ongoing trade tensions between the world's two largest economies. After a battering this week, the Nasdaq finished the day up 2.06 percent; the S&P 500 rose 1.81 percent; and the Dow Jones grew 1.56 percent. Ten companies, on the other hand, defied a wider market optimism, recording modest losses during the day. In this article, we have listed Friday's worst performers and detailed the reasons behind their declines. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million trading volume. A view of an open cargo shipping yard, highlighting the companies freight listing services. Full Truck Alliance dropped for a second day on Friday as investors sold off positions amid the lack of fresh catalysts to spark buying appetite. Show less Read more
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