U.S. stocks closed lower on Thursday, with the Dow Jones dropping around 90 points. Here is the list of some big stocks recording gains in the previous session.
- Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) shares dipped 15.3% to close at $5.43 after the company reported mixed Q3 earnings results.
- The Allstate Corporation (NYSE:ALL) tumbled 12.9% to close at $117.71 after the company announced estimated results for Q3'22 of a net loss between $675 million and $725 million.
- Texas Capital Bancshares, Inc. (NASDAQ:TCBI) fell 11.6% to close at $56.04 following weak quarterly earnings.
- WD-40 Company (NASDAQ:WDFC) dropped 11.5% to close at $151.11 after the company reported worse-than-expected Q4 EPS and sales results. The company also issued FY23 EPS guidance below analyst estimates.
- PGT Innovations, Inc. (NYSE:PGTI) fell 10.8% to close at $19.98. Deutsche Bank maintained PGT Innovations with a Buy and lowered the price target from $38 to $29.
- Synovus Financial Corp. (NYSE:SNV) declined 9.6% to settle at $37.36 following Q3 results.
- Sasol Limited (NYSE:SSL) fell 9.4% to close at $15.62 after the company announced production rates at selected plants have been impacted by a Transnet employee strike.
- East West Bancorp, Inc. (NASDAQ:EWBC) dropped 9.3% to close at $64.39 after the company reported worse-than-expected Q3 EPS results.
- American States Water Company (NYSE:AWR) dipped 9.1% to settle at $78.29 after Wells Fargo downgraded the stock to Underweight.
- Nokia Oyj (NYSE:NOK) shares fell 8.8% to close at $4.16 after reporting Q3 earnings.
- Herc Holdings Inc. (NYSE:HRI) dropped 8.7% to close at $99.17 after the company reported worse-than-expected Q3 EPS.
- Ameresco, Inc. (NYSE:AMRC) dipped 8.7% to close at $55.27.
- Triumph Bancorp, Inc. (NASDAQ:TBK) fell 8% to close at $50.14 after the company reported worse-than-expected Q3 EPS and sales results.
- Union Pacific Corporation (NYSE:UNP) dropped 6.8% to close at $186.45 after the company reported Q3 earnings results.
- Tesla, Inc. (NASDAQ:TSLA) fell 6.7% to close at $207.28. Tesla reported better-than-expected earnings for its third quarter, while sales missed estimates. The company also reported a year over year decrease in Q3 total deliveries.
- Group 1 Automotive, Inc. (NYSE:GPI) dropped 6.7% to close at $149.73.
- The Western Union Company (NYSE:WU) dropped 5.7% to close at $13.44. The company said it sees FY22 adjusted EPS of $1.75-$1.85.
