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Benzinga
Benzinga
Business
Lisa Levin

TreeHouse Foods, Ritchie Bros. Auctioneers, Beam Therapeutics And Some Other Big Stocks Moving Lower On Monday

U.S. stocks traded mostly higher, with the Dow Jones gaining more than 150 points on Monday. Here are some big stocks recording losses in today’s session.

  • Huadi International Group Co., Ltd. (NASDAQ:HUDI) shares tumbled 88.4% to $20.82 after the company reported pricing of $25 million registered direct offering.
  • Verve Therapeutics, Inc. (NASDAQ:VERV) dipped 27.6% to $22.66 after the company reported its VERVE-101 IND application was placed on hold by the FDA. The company also reported Q3 earnings results.
  • Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) fell 19% to $50.44 after the company announced it will acquire IAA in a stock and cash transaction valued at roughly $7.3 billion.
  • First Watch Restaurant Group, Inc. (NASDAQ:FWRG) dropped 18.4% to $13.20 after the company posted Q3 results.
  • Carvana Co. (NYSE:CVNA) declined 14.4% to $7.50 on continued weakness after the company reported worse-than-expected Q3 financial results last Thursday. The company reported a year-over-year decrease in both revenue and retail units sold.
  • LSB Industries, Inc. (NYSE:LXU) fell 14.4% to $14.20 after the company announced a secondary offering of 14.35 million shares of common stock by a selling stockholder with the company repurchasing 3.5 million of the shares.
  • Redfin Corporation (NASDAQ:RDFN) dropped 13.5% to $3.4750 after Oppenheimer downgraded the stock from Perform to Underperform.
  • Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) declined 12% to $16.68. Raymond James downgraded Ruth's Hospitality Group from Strong Buy to Market Perform.
  • Beam Therapeutics Inc. (NASDAQ:BEAM) dropped 11.3% to $37.96 after the company reported a wider Q3 loss.
  • HireRight Holdings Corporation (NYSE:HRT) dropped 11.3% to $7.08. HireRight Holdings recently reported worse-than-expected Q3 sales results.
  • Palantir Technologies Inc. (NYSE:PLTR) dipped 9.6% to $7.16 after the company reported worse-than-expected Q3 EPS results.
  • Choice Hotels International, Inc. (NYSE:CHH) dropped 9.1% to $116.68 after the company reported worse-than-expected Q3 EPS results.
  • TreeHouse Foods, Inc. (NYSE:THS) fell 7.6% to $44.88 after the company reported Q3 financial results.
  • Shift4 Payments, Inc. (NYSE:FOUR) declined 7.5% to $37.13. Shift4 Payments reported third-quarter FY22 gross revenue growth of 45% year-on-year to $547.3 million, missing the consensus of $550.4 million.
  • Expedia Group, Inc. (NASDAQ:EXPE) fell 6.8% to $86.32. Expedia recently reported better-than-expected Q3 EPS and sales results.
  • FAT Brands Inc. (NASDAQ:FAT) shares fell 5.1% to $7.31. FAT Brands announced withdrawal of proposed common stock offering.
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