Many Indian retail stores are struggling with losses. This is happening even as sales grow. The main reason is too much unsold stock on shelves. Retailers are now looking to fix this problem. Some stores may close if they cannot be turned around. This situation impacts revenue and profit generation.
Nexa Resources S.A. (NYSE:NEXA – Get Free Report)’s stock price dropped 12.2% during mid-day trading on Thursday . The company traded as low as $15.30 and last traded at $14.6740. Approximately 272,926 shares changed hands during mid-day trading, a decline of 72% from the average
Shares of Resolute Holdings Management, Inc. (NYSE:RHLD – Get Free Report) were down 18.5% during mid-day trading on Thursday . The stock traded as low as $119.48 and last traded at $113.7550. Approximately 14,173 shares traded hands during mid-day trading, a decline of 92% from the average
RPAR Risk Parity ETF (NYSEARCA:RPAR – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 111,066 shares changed hands during trading, an increase of 236% from the previous session’s volume of 33,014 shares.The stock last traded at $23.04 and had previously closed at
Obsidian Energy Ltd. (TSE:OBE – Get Free Report)’s share price fell 8.1% during trading on Thursday . The stock traded as low as C$15.99 and last traded at C$16.17. 164,115 shares changed hands during mid-day trading, a decline of 60% from the average session