Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

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
IXIC
-
CUTR
-
AAL
-
MIRM
-
ENRY
-

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.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.