A number of stocks fell in the afternoon session after hotter-than-expected inflation data and rising concerns over credit risk rattled investors. January's Producer Price Index (PPI), a measure of wholesale inflation, rose 0.5% against expectations of 0.

A number of stocks fell in the afternoon session after hotter-than-expected inflation data and rising concerns over credit risk rattled investors. January's Producer Price Index (PPI), a measure of wholesale inflation, rose 0.5% against expectations of 0.

A number of stocks fell in the afternoon session after hotter-than-expected inflation data and rising concerns over credit risk rattled investors.

The stocks featured in this article have all approached their 52-week highs. When these price levels hit, it typically signals strong business execution, positive market sentiment, or significant industry tailwinds.

Shares of regional banking company SouthState (NYSE:SSB) fell 5.9% in the afternoon session after a broad sell-off in the financial sector was fueled by a hotter-than-expected inflation report and rising concerns over credit quality.

Shares of ophthalmology biopharmaceutical company Ocular Therapeutix (NASDAQ:OCUL) fell 8.6% in the afternoon session after a surprisingly hot wholesale inflation report fueled investor concerns about persistent price pressures.

Shares of non-lethal weapons company Byrna (NASDAQ:BYRN) fell 5.5% in the afternoon session after the company's stock fell amid a broader market downturn triggered by hotter-than-expected inflation data.

Shares of marketing technology company Zeta Global (NYSE:ZETA) fell 7.1% in the afternoon session after a key inflation report came in higher than anticipated, triggering a broad sell-off in the stock market that particularly affected technology companies

A number of stocks fell in the afternoon session after the release of a stronger-than-expected Producer Price Index (PPI) for January, fueled concerns about inflation and its impact on consumer spending.

A number of stocks fell in the afternoon session after the latest Producer Price Index (PPI) report showed a 0.5% increase in January, signaling persistent inflationary pressures that could impact operating costs.

A number of stocks fell in the afternoon session after the latest Producer Price Index (PPI) report showed a 0.5% increase in January, signaling persistent inflationary pressures that could impact operating costs.

Shares of online new and used car marketplace Cars.com (NYSE:CARS) fell 6% in the afternoon session after JPMorgan downgraded the stock to Neutral from Overweight and lowered its price target. The firm cut its price target on the shares to $10.00 from $16

Shares of global investment bank Goldman Sachs (NYSE:GS) fell 7.6% in the afternoon session after the release of a stronger-than-anticipated Producer Price Index (PPI) report showed wholesale inflation rose more than expected in January.

A number of stocks fell in the afternoon session after a key inflation report came in hotter than expected, renewing concerns about the path of future interest rate cuts. The Producer Price Index (PPI), which measures wholesale inflation, rose 0.5% in Jan

Shares of independent financial services firm LPL Financial (NASDAQ:LPLA) fell 6.5% in the afternoon session after the release of a stronger-than-anticipated Producer Price Index (PPI) report showed wholesale inflation rose more than expected in January.