In a significant downturn for the market, several prominent entities experienced steep declines during yesterday's trading session. Bitcoin, the world's most popular cryptocurrency, plunged by 2.4%, marking its worst session since May 10. Meanwhile, Moderna Inc., a leading biotechnology company, saw its stock prices plummet by 10%, making it the worst session for the company since February 2022.

Investors appeared to be taking profits following ten consecutive sessions of gains for Moderna, leading to the sharp decline. Additionally, Celsius Holdings Inc., a well-known health and wellness company, experienced a noteworthy drop of 19%, on track for their worst session since March 2021. This decline followed concerns raised by Morgan Stanley regarding slowing sales growth for the company.

Moreover, DraftKings Inc., a prominent sports betting company, witnessed a significant drop of 11% during the trading session. The decline came as the Illinois Senate passed a betting tax bill, prompting investors to sell off their holdings in the company. This decline for DraftKings is expected to be the worst session for the company since November 2022.

The collective decline of these entities highlighted a challenging trading session, with investors expressing concerns over various factors impacting their respective industries. As Bitcoin experienced its worst session in months and Moderna, Celsius Holdings, and DraftKings all faced substantial declines, market participants will be closely monitoring these entities in the coming days to assess any potential recovery or further downward trends.