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Futu Holdings, UP Fintech Holding And Some Other Big Stocks Moving Lower On Friday

Published 30/12/2022, 16:09
© Reuters.  Futu Holdings, UP Fintech Holding And Some Other Big Stocks Moving Lower On Friday
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Benzinga - U.S. stocks traded lower, with the Dow Jones dropping over 200 points on Friday. Here are some big stocks recording losses in today’s session.

  • Futu Holdings Limited (NASDAQ: FUTU) shares dipped 24.8% to $44.27. Tencent (HK:0700) Holding backed Chinese online broker Futu Holdings unexpectedly deferred its Hong Kong listing less than a day before its anticipated debut on December 30.
  • UP Fintech Holding Limited (NASDAQ: TIGR) shares dropped 24% to $3.63 after the China Securities Regulatory Commission reported the companies have conducted illegal securities business.
  • Scilex Holding Company (NASDAQ: SCLX) fell 22% to $3.1189.
  • Waterdrop Inc. (NYSE: WDH) dropped 11% to $2.9901.
  • Summit Therapeutics Inc. (NASDAQ: SMMT) fell 9.2% to $4.82.
  • ImmunoGen, Inc. (NASDAQ: IMGN) fell 8.9% to $4.70. HC Wainwright & Co. maintained Immunogen with a Buy and lowered the price target from $20 to $15.
  • EHang Holdings Limited (NASDAQ: EH) dropped 8.8% to $7.68. EHang recently announced partnership and investment with Qingdao West Coast New Area.
  • Studio City International Holdings Limited (NYSE: MSC) fell 6.7% to $5.80.
  • Inovio Pharmaceuticals, Inc. (NASDAQ: INO) fell 5.7% to $1.4422.
  • Nikola Corporation (NASDAQ: NKLA) dropped 4.2% to $2.29. Nikola entered into securities purchase agreement for sale of up to $125 million in initial principal amount of senior convertible notes.
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© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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