Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Coinbase, Riot Platforms, Marathon Digital And Other Big Stocks Moving Lower On Monday

Published 11/12/2023, 16:07
Updated 11/12/2023, 17:10
© Reuters.  Coinbase, Riot Platforms, Marathon Digital And Other Big Stocks Moving Lower On Monday

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

U.S. stocks traded mostly mixed, with the Dow Jones index gaining more than 100 points on Monday.

Here are some other big stocks recording losses in today’s session.

  • Cogent Biosciences, Inc. (NASDAQ: COGT) shares tumbled 52.7% to $4.0803 after the company reported initial data from its ongoing Phase 2 SUMMIT trial and data from Part 1 of its ongoing Phase 2 APEX clinical at ASH 2023.
  • Biomea Fusion, Inc. (NASDAQ: BMEA) shares dipped 32.2% to $11.40 after the company announced it presented data for BMF-219 in relapsed / refractory AML patients with menin-dependent mutations at the ASH 2023 Annual Meeting.
  • XBP Europe Holdings, Inc. (NASDAQ: XBP) fell 25% to $12.00.
  • Keros Therapeutics, Inc. (NASDAQ: KROS) declined 15% to $30.13. Keros Therapeutics showcased Phase 2 trials on blood disorders at ASH 2023.
  • CleanSpark, Inc. (NASDAQ: CLSK) declined 13.2% to $8.98 amid a pullback in the price of Bitcoin.
  • Xponential Fitness, Inc. (NASDAQ: XPOF) fell 12% to $ 9.33.
  • Gildan Activewear Inc. (NYSE: GIL) fell 11.9% to $32.17. Gildan Activewear said Glenn J. Chamandy has left his position as President, CEO and Director.
  • HIVE Digital Technologies Ltd. (NASDAQ: HIVE) fell 10.6% to $3.7550 amid a pullback in the price of Bitcoin.
  • Tellurian Inc. (NYSE: TELL) dipped 10.5% to $0.6691. The company’s board named former General Counsel Daniel Belhumeur as President of Tellurian, and former Deputy General Counsel Meredith Mouer as General Counsel and Chief Compliance Officer of Tellurian.
  • Riot Platforms, Inc. (NASDAQ: RIOT) fell 10.5% to $14.16 amid a pullback in the price of Bitcoin.
  • SmartRent, Inc. (NYSE: SMRT) declined 10% to $3.0052.
  • Marathon Digital Holdings, Inc. (NASDAQ: MARA) dipped 9.9% to $15.12 amid a pullback in the price of Bitcoin.
  • Apellis Pharmaceuticals, Inc. (NASDAQ: APLS) fell 9.2% to $56.96. Apellis said EMPAVELI (Pegcetacoplan) provided long-term control of PNH in new data presented at ASH Annual Meeting.
  • Zai Lab Limited (NASDAQ: ZLAB) declined 6.8% to $25.40.
  • RingCentral, Inc. (NYSE: RNG) fell 5.7% to $32.17. RingCentral announced return of Vlad Shmunis as CEO.
  • DISH Network Corporation (NASDAQ: DISH) fell 5.4% to $4.3250.
  • Coinbase Global, Inc. (NASDAQ: COIN) fell 4.3% to $140.39 a pullback in the price of Bitcoin (CRYPTO: BTC).
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Now Read This: Bitcoin, Ethereum Record Losses; FTX Token Becomes Top Loser

© 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.