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Sotera Health, SMART Global And Other Big Losers From Wednesday

Stock Markets Oct 06, 2022 10:40
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U.S. stocks closed slightly lower with the Dow Jones dropping more than 40 points on Wednesday. Here is the list of some big stocks recording losses in the previous session.

  • Nutex Health Inc. (NASDAQ: NUTX) shares dipped 15.9% to close at $1.22.
  • Tritium DCFC Limited (NASDAQ: DCFC) declined 13% to settle at $2.88.
  • TH International Limited (NASDAQ: THCH) dropped 12.3% to close at $5.43.
  • InnovAge Holding Corp. (NASDAQ: INNV) fell 11.7% to close at $ 5.12.
  • Sotera Health Company (NASDAQ: SHC) dropped 11% to close at $7.15 after Citigroup (NYSE:C) downgraded the stock from Buy to Neutral.
  • AMC Entertainment Holdings, Inc. (NYSE: APE) dropped 10.6% to close at $2.45.
  • Lumen Technologies, Inc. (NASDAQ: LUMN) fell 9.5% to settle at $7.28 after Wells Fargo (NYSE:WFC) downgraded the stock from Overweight to Equal-Weight.
  • Enphase Energy, Inc. (NASDAQ: ENPH) fell 9.3% to close at $261.60.
  • AMTD Digital Inc. (NYSE: HKD) fell 9.3% to close at $43.75.
  • iQIYI, Inc. (NASDAQ: IQ) dipped 9% to settle at $2.62.
  • Bed Bath & Beyond Inc. (NASDAQ: BBBY) fell 8.6% to close at $5.97.
  • WW International, Inc. (NASDAQ: WW) dropped 8.6% to close at $4.02. Truist Securities maintained WW International with a Hold and lowered the price target from $7 to $5.
  • XPeng Inc. (NYSE: XPEV) declined 8.3% to close at $10.99.
  • Pharming Group N.V. (NASDAQ: PHAR) dipped 8.2% to close at $10.70. The FDA recently accepted Pharming Group’s marketing application seeking approval for leniolisib for rare primary immunodeficiency activated phosphoinositide 3-kinase delta syndrome (APDS) in adults and adolescents.
  • 2U, Inc. (NASDAQ: TWOU) fell 7.3% to close at $6.14.
  • SMART Global Holdings Inc. (NASDAQ: SGH) shares fell 7.1% to close at $15.80. SMART Global reported better-than-expected earnings for its fourth quarter, while sales missed estimates. The company also issued weak earnings forecast for the current quarter.
  • Credit Suisse (SIX:CSGN) Group AG (NYSE: CS) fell 6.2% to close at $4.22 after gaining 12% on Tuesday.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Sotera Health, SMART Global And Other Big Losers From Wednesday
 

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