U.S. stocks traded lower, with the Dow Jones dropping more than 100 points on Tuesday. Here are some big stocks recording losses in today’s session.
- Varonis Systems, Inc. (NASDAQ:VRNS) shares tumbled 32.5% to $18.08 after the company reported worse-than-expected Q3 results.
- Catalent, Inc. (NYSE:CTLT) dropped 26.5% to $48.34 after the company reported worse-than-expected Q1 EPS and sales results and issued FY23 sales guidance below estimates.
- Myriad Genetics, Inc. (NASDAQ:MYGN) fell 19.1% to $16.78 following downbeat Q3 results.
- Instil Bio, Inc. (NASDAQ:TIL) fell 18.3% to $2.6900. Instil Bio voluntarily paused enrollment of its ongoing clinical trials. Cowen & Co. downgraded Instil Bio from Outperform to Market Perform.
- TETRA Technologies, Inc. (NYSE:TTI) declined 17.2% to $4.09 following weak quarterly results.
- Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) dropped 17.2% to $11.23 following downbeat quarterly sales.
- Transcat, Inc. (NASDAQ:TRNS) dropped 15.8% to $69.64 following Q2 results.
- The Goodyear Tire & Rubber Company (NASDAQ:GT) fell 15.4% to $10.75 after the company reported worse-than-expected Q3 earnings.
- Zebra Technologies Corporation (NASDAQ:ZBRA) dropped 15.4% to $239.65 after the company reported worse-than-expected Q3 EPS and sales results. The company also issued Q4 EPS guidance below analyst estimates.
- BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) fell 14.6% to $11.40 after the company reported Q3 earnings results and issued FY22 guidance.
- Clearwater Paper Corporation (NYSE:CLW) declined 12.8% to $38.75 following Q3 results. RBC Capital downgraded Clearwater Paper from Outperform to Sector Perform.
- OrthoPediatrics Corp. (NASDAQ:KIDS) fell 12.1% to $37.35 after the company issued FY22 revenue guidance below estimates.
- Avis Budget Group, Inc. (NASDAQ:CAR) fell 9.9% to $213.03 following Q3 results.
- TopBuild Corp. (NYSE:BLD) dropped 9.7% to $153.66 following Q3 results.
- Evolent Health, Inc. (NYSE:EVH) declined 9.4% to $28.82. Truist Securities initiated coverage on Evolent Health with a Hold rating and announced a price target of $33.
- Harmonic Inc. (NASDAQ:HLIT) dropped 9.3% to $14.01 following Q3 results.
- Sealed Air Corporation (NYSE:SEE) dipped 9.2% to $43.26 after the company announced it will acquire Liquibox for $1.15 billion. The company also reported worse-than-expected Q3 sales.
- Otter Tail Corporation (NASDAQ:OTTR) fell 8.9% to $61.39 after the company lowered its FY22 EPS guidance.
- Ecolab Inc. (NYSE:ECL) dropped 8.8% to $143.25 after the company reported worse-than-expected Q3 EPS results.
- Premier, Inc. (NASDAQ:PINC) fell 8.4% to $31.94 after the company reported worse-than-expected Q1 results.
- Weis Markets, Inc. (NYSE:WMK) dropped 8.2% to $86.00. Weis Markets posted Q3 EPS of $1.07.
- Babcock & Wilcox Enterprises, Inc. (NYSE:BW) declined 8.1% to $4.19.
- Canopy Growth Corporation (NASDAQ:CGC) dropped 8% to $3.43.
- Kforce Inc. (NASDAQ:KFRC) fell 7.8% to $58.33 after reporting Q3 results.
- Kennametal Inc. (NYSE:KMT) dropped 6.9% to $24.90 following downbeat quarterly earnings.
- Stryker Corporation (NYSE:SYK) fell 4.3% to $219.50 after the company reported worse-than-expected Q3 results and issued 2022 guidance below estimates.
