U.S. stocks traded higher, with the Dow Jones gaining more than 400 points on Tuesday. Here are some big stocks recording losses in today’s session.
- NanoString Technologies, Inc. (NASDAQ:NSTG) shares tumbled 47.5% to $4.84 after the company reported worse-than-expected Q3 results.
- Bioventus Inc(NASDAQ:BVS) fell 45.1% to $3.8750 after the company reported downbeat Q3 results and lowered FY22 guidance.
- R1 RCM Inc. (NASDAQ:RCM) dropped 44.2% to $8.23 after the company reported worse-than-expected Q3 EPS and sales results and cut FY22 revenue guidance below estimates.
- Unisys Corporation (NYSE:UIS) fell 41.2% to $5.27 following downbeat quarterly sales.
- The Pennant Group, Inc. (NASDAQ:PNTG) fell 27.2% to $9.87 following downbeat quarterly earnings.
- Clarus Corporation (NASDAQ:CLAR) dropped 24.9% to $8.27 after the company reported worse-than-expected Q3 results and issued FY22 guidance below estimates.
- Tripadvisor, Inc. (NASDAQ:TRIP) shares fell 21.8% to $18.61 after the company reported worse-than-expected Q3 EPS results.
- Lyft, Inc. (NASDAQ:LYFT) shares fell 20.2% to $11.29 after the company reported worse-than-expected Q3 sales results and issued Q4 sales guidance below analyst estimates. Evercore ISI Group downgraded Lyft from Outperform to In-Line and lowered the price target from $41 to $18.
- Akoya Biosciences, Inc. (NASDAQ:AKYA) fell 18.3% to $10.63 as the company posted a wider-than-expected quarterly loss.
- MeridianLink, Inc. (NYSE:MLNK) fell 17.9% to $13.24 after reporting a loss for the tird quarter.
- Ocular Therapeutix, Inc. (NASDAQ:OCUL) dipped 17.8% to $2.9199 following Q3 loss.
- Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) dropped 17.8% to $4.61 after the company reported Q3 financial results.
- MicroStrategy Incorporated (NASDAQ:MSTR) dropped 14.5% to $228.00 in sympathy with the price of Bitcoin and Ethereum.
- Silvergate Capital Corporation (NYSE:SI) declined 14.4% to $43.59. Silvergate announced changes to its executive team.
- Perrigo Company plc (NYSE:PRGO) dropped 14.1% to $33.75 as the company lowered FY22 profit forecast.
- Lumentum Holdings Inc. (NASDAQ:LITE) fell 13.8% to $60.62 after the company issued Q3 EPS and sales guidance below estimates.
- Take-Two Interactive Software, Inc. (NASDAQ:TTWO) fell 12.2% to $95.13 after the company reported worse-than-expected Q2 results and issued weak FY23 guidance.
- SI-BONE, Inc. (NASDAQ:SIBN) dipped 12.1% to $14.73 following Q3 results.
- FibroGen, Inc. (NASDAQ:FGEN) fell 11.8% to $14.24 following weak quarterly results.
- Ramaco Resources, Inc. (NASDAQ:METC) shares fell 11.2% to $11.07 after the company reported worse-than-expected Q3 results.
- Sabra Health Care REIT, Inc. (NASDAQ:SBRA) dipped 10.4% to $12.30 following Q3 results.
- Coinbase Global, Inc. (NASDAQ:COIN) dropped 10.2% to $51.17. Crypto-related stocks dropped sharply amid marked, ongoing volatility in the broader crypto space amid reports of a possible bankruptcy of popular cryptocurrency exchange FTX.
- James Hardie Industries plc (NYSE:JHX) fell 9.4% to $19.33 following Q2 results.
- ShockWave Medical, Inc. (NASDAQ:SWAV) declined 9.2% to $251.84 following Q3 results.
- Aurora Innovation, Inc. (NASDAQ:AUR) dropped 8.4% to $1.6850.
- DigitalOcean Holdings, Inc. (NASDAQ:DOCN) fell 6.6% to $27.46 after the company issued a weak forecast for the fourth quarter.
- Robinhood Markets, Inc. (NASDAQ:HOOD) dropped 6.3% to $11.27. Crypto-related stocks dropped amid marked, ongoing volatility in the broader crypto space amid reports of a possible bankruptcy of popular cryptocurrency exchange FTX.
