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American Airlines, Cutera, Mirum Pharmaceuticals And Other Big Stocks Moving Lower On Wednesday

Published 12/04/2023, 15:51
Updated 12/04/2023, 17:11
© Reuters. American Airlines, Cutera, Mirum Pharmaceuticals And Other Big Stocks Moving Lower On Wednesday
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Benzinga - U.S. stocks traded mixed, with the Dow Jones gaining over 50 points on Wednesday. Here are some big stocks recording losses in today’s session.

  • Cutera, Inc. (NASDAQ: CUTR) shares dipped 26.5% to $19.89 after the company announced the immediate terminations of Executive Chairman Daniel Plants and CEO David Mowry for cause and withdrew 2023 outlook.
  • NaaS Technology Inc. (NASDAQ: NAAS) dropped 19.1% to $8.51.
  • ContextLogic Inc. (NASDAQ: WISH) fell 17.5% to $8.09. ContextLogic, on Tuesday, announced a 1-for-30 reverse stock split.
  • Nutex Health Inc. (NASDAQ: NUTX) dropped 12.1% to $0.8401. Nutex Health recently entered into a $100 million pre-paid advance agreement with Yorkville Advisors Global.
  • Cirrus Logic, Inc. (NASDAQ: CRUS) declined 10.8% to $90.79.
  • Mirum Pharmaceuticals, Inc. (NASDAQ: MIRM) dropped 9.6% to $22.59 after the company announced preliminary Q1 financial results and a proposed convertible senior notes offering.
  • Peloton Interactive, Inc. (NASDAQ: PTON) dipped 8.8% to $10.48.
  • American Airlines Group Inc. (NASDAQ: AAL) fell 8.1% to $13.15 after the company issued preliminary results below analyst expectations.
  • Symbotic Inc. (NASDAQ: SYM) dropped 7.9% to $25.64.
  • Eos Energy Enterprises, Inc. (NASDAQ: EOSE) fell 7.5% to $2.8950 after the company reported $40 million registered direct offering and concurrent private placement.
  • AudioCodes Ltd. (NASDAQ: AUDC) dropped 7.4% to $10.98. B of A Securities downgraded AudioCodes from Neutral to Underperform and lowered the price target from $22 to $9.5.
  • Vitesse Energy, Inc. (NYSE: VTS) dropped 7.3% to $19.13. Northland Capital Markets downgraded Vitesse Energy from Outperform to Market Perform and announced a $23 price target.
  • United Airlines Holdings, Inc. (NASDAQ: UAL) fell 6.7% to $41.35.
  • CarMax, Inc. (NYSE: KMX) dropped 6% to $67.87. CarMax, on Tuesday, reported a fourth-quarter 2023 net revenue decline of 25.6% year-on-year to $5.72 billion, missing the consensus of $6.04 billion.
Check This Out: These 3 Health Care Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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