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Illumina, Poshmark, Olo And Some Other Big Losers From Friday

Stock Markets Aug 15, 2022 11:10
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© Reuters. Illumina, Poshmark, Olo And Some Other Big Losers From Friday
 
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U.S. stocks closed higher on Friday, with the Dow Jones gaining more than 400 points. Here is the list of some big stocks moving lower in the previous session.

  • CS Disco, Inc. (NYSE: LAW) shares fell 53.6% to close at $13.43 after the company reported Q2 earnings and issued weak Q3 guidance.
  • Olo Inc. (NYSE: OLO) shares fell 36.4% to close at $8.26 after the company reported Q2 results and issued FY22 guidance below consensus estimates.
  • Co-Diagnostics, Inc. (NASDAQ: CODX) shares fell 30.7% to close at $4.48 after the company reported downbeat results for its second quarter on Thursday.
  • ForgeRock, Inc. (NYSE: FORG) declined 21.1% to close at $17.55 after the company issued Q3 adjusted EPS and sales guidance below estimates.
  • WeTrade Group, Inc. (NASDAQ: WETG) fell 20.2% to settle at $11.23. WeTrade Group forged an agreement with Parkway Medical Limited to sell monkeypox virus test kits and antigen tests for $50 million.
  • Chicken Soup for the Soul Entertainment, Inc. (NASDAQ: CSSE) declined 13.9% to settle at $12.21 after the company reported wider quarterly loss.
  • Certara, Inc. (NASDAQ: CERT) fell 13% to close at $17.56 after the company announced a secondary offering of 7 million shares of common stock.
  • Expensify, Inc. (NASDAQ: EXFY) fell 11.7% to close at $21.46 following weak Q2 sales.
  • AMTD Digital Inc. (NYSE: HKD) dropped 10.2% to close at $192.27 following the stock's recent surge.
  • Mister Car Wash, Inc. (NYSE: MCW) fell 10.1% to settle at $10.79 after the company reported worse-than-expected Q2 results and lowered FY22 guidance.
  • Natura &Co Holding S.A. (NYSE: NTCO) dipped 9.1% to close at $5.62 as the company reported a wider-than-expected quarterly loss.
  • Snap One Holdings Corp. (NASDAQ: SNPO) fell 8.6% to close at $11.43 after reporting a Q2 loss.
  • Poshmark, Inc. (NASDAQ: POSH) dropped 8.4% to close at $11.80 after the company reported worse-than-expected Q2 EPS results and issued Q3 sales guidance below estimates.
  • Illumina, Inc. (NASDAQ: ILMN) fell 8.4% to close at $208.32 after the company reported worse-than-expected results for its second quarter and issued weak full-year 2022 guidance.
  • Full Truck Alliance Co. Ltd. (NYSE: YMM) dropped 8% to close at $7.53.
  • Lufax Holding Ltd (NYSE: LU) fell 6.5% to settle at $4.00. Lufax recently said Q2 EPS and sales results were down year over year.
  • Intra-Cellular Therapies, Inc. (NASDAQ: ITCI) dropped 6.1% to close at $53.57. Intra-Cellular Therapies recently posted a Q2 loss of $0.92 per share.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Illumina, Poshmark, Olo And Some Other Big Losers From Friday
 

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