Benzinga - U.S. stocks traded lower, with the Dow Jones dropping around 50 points on Friday. Here are some big stocks recording losses in today’s session.
- U Power Limited (NASDAQ: UCAR) shares fell 55% to $19.41 amid post-IPO volatility. U Power priced its 2,416,667 share IPO at $6 per share.
- Peakstone Realty Trust (NYSE: PKST) fell 16.4% to $30.78.
- Asure Software, Inc. (NASDAQ: ASUR) dropped 15.3% to $14.13.
- Kingsoft Cloud Holdings Limited (NASDAQ: KC) fell 14% to $6.34.
- Orbital Infrastructure Group, Inc. (NASDAQ: OIG) dropped 11.6% to $2.1559.
- ThredUp Inc. (NASDAQ: TDUP) fell 10.7% to $2.7850.
- W. R. Berkley Corporation (NYSE: WRB) dipped 10.5% to $56.69 after the company reported mixed Q1 results.
- 374Water, Inc. (NASDAQ: SCWO) declined 10.2% to $3.2850.
- Everbridge, Inc. (NASDAQ: EVBG) shares tumbled 9.6% to $27.45 after Stephens & Co downgraded the stock from Overweight to Equal-Weight and lowered its price target from $41 to $34.
- Livent Corporation (NYSE: LTHM) dropped 8.5% to $19.99. Lithium stocks traded lower Friday after Chilean President Gabriel Boric shared plans to nationalize the country's lithium industry and create a separate state-owned company to produce the metal used to make electric vehicle batteries.
- PC Connection, Inc. (NASDAQ: CNXN) fell 8.3% to $39.15.
- Gaotu Techedu Inc. (NYSE: GOTU) dropped 8.1% to $3.3550.
- Xometry, Inc. (NASDAQ: XMTR) declined 7.6% to $13.69.
- Glacier Bancorp, Inc. (NYSE: GBCI) shares dropped 7.3% to $35.55 after the company reported worse-than-expected Q1 EPS and sales results.
- Cipher Mining Inc. (NASDAQ: CIFR) fell 7.3% to $2.17.
- Autoliv, Inc. (NYSE: ALV) dropped 5% to $87.39 after the company reported mixed Q1 financial results and issued guidance.
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