U.S. stocks closed higher on Friday, with the Dow Jones surging more than 400 points. Here is the list of some big stocks recording losses in the previous session.
- Funko, Inc. (NASDAQ: FNKO) shares fell 59.4% to close at $7.92 after the company reported worse-than-expected Q3 EPS results.
- Syneos Health, Inc. (NASDAQ: SYNH) shares declined 46.3% to settle at $25.70 after the company posted downbeat Q3 results and lowered FY22 guidance.
- HireRight Holdings Corporation (NYSE: HRT) dipped 37.3% to close at $7.99 after the company reported worse-than-expected Q3 sales results. The company also lowered its FY22 sales guidance below analyst estimates.
- Twilio Inc. (NYSE: TWLO) dipped 34.6% to close at $42.74 after the company issued Q4 sales guidance below analyst estimates.
- Carvana Co. (NYSE: CVNA) fell 39% to close at $8.76 after the company reported worse-than-expected Q3 EPS and sales results.
- Cryoport, Inc. (NASDAQ: CYRX) declined 32.1% to close at $18.00 after the company reported worse-than-expected Q3 EPS and sales results.
- Proto Labs, Inc. (NYSE: PRLB) dropped 31.1% to close at $24.62 following weak quarterly sales.
- Atlassian Corporation (NASDAQ: TEAM) fell 29% to close at $123.73 after the company reported worse-than-expected Q1 EPS results and issued Q2 sales guidance below analyst estimates.
- DraftKings Inc. (NASDAQ: DKNG) fell 27.8% to close at $11.31 after the company posted Q3 results.
- Telephone and Data Systems, Inc. (NYSE: TDS) dropped 25.9% to close at $12.28 after the company reported Q3 EPS results down from last year.
- Viavi Solutions Inc. (NASDAQ: VIAV) fell 23.2% to settle at $10.99 after the company reported worse-than-expected Q1 sales results and issued Q2 adjusted EPS and sales guidance below analyst estimates.
- United States Cellular Corporation (NYSE: USM) declined 22.4% to close at $24.09 after the company reported worse-than-expected Q3 EPS and lowered the high end of its FY22 revenue guidance.
- Definitive Healthcare Corp. (NASDAQ: DH) dropped 21% to close at $10.92 after the company reported Q3 earnings results.
- Appian Corporation (NASDAQ: APPN) dropped 18.7% to close at $38.43 after the company reported worse-than-expected Q3 EPS results and issued Q4 and FY22 adjusted EPS and sales guidance below analyst estimates.
- Cloudflare (NYSE:NET), Inc. (NYSE: NET) fell 18.4% to close at $41.09 after the company reported Q3 earnings results.
- Yelp Inc. (NYSE: YELP) fell 16.6% to close at $30.31 after the company reported worse-than-expected Q3 EPS results and issued FY22 revenue guidance below analyst estimates.
- Apellis Pharmaceuticals, Inc. (NASDAQ: APLS) fell 16% to close at $50.42. Apellis announced plans to submit 24-month Phase 3 data to the FDA for pegcetacoplan NDA for geographic atrophy.
- Franchise Group, Inc. (NASDAQ: FRG) dropped 15.7% to settle at $24.31 after the company reported worse-than-expected Q3 adjusted EPS results and issued FY22 adjusted EPS and sales guidance below analyst estimates.
- Schrödinger, Inc. (NASDAQ: SDGR) declined 15.2% to close at $20.92. Schrodinger recently posted a Q3 loss of $0.56 per share.
- Cable One, Inc. (NYSE: CABO) dropped 14.8% to settle at $683.28. The company recently posted downbeat quarterly results.
- Smartsheet Inc. (NYSE: SMAR) declined 14.6% to close at $26.51.
- CareDx, Inc (NASDAQ: CDNA) fell 14.5% to close at $16.02 after the company reported worse-than-expected Q3 sales results.
- monday.com Ltd. (NASDAQ: MNDY (NASDAQ:MNDY)) dropped 13.1% to settle at $80.99.
- nCino, Inc. (NASDAQ: NCNO) dipped 13% to close at $24.67.
- Warner Bros. Discovery, Inc. (NYSE: WBD) fell 12.9% to settle at $10.43 after the company reported worse-than-expected Q3 sales results.
- Wayfair Inc. (NYSE: W) fell 12.6% to close at $32.74. Wayfair recently posted mixed Q3 results.
- Wix.com Ltd. (NYSE: WIX) dropped 12.4% to close at $70.35.
- SentinelOne, Inc. (NYSE: S) fell 11.7% to close at $17.64.
- HashiCorp, Inc. (NASDAQ: HCP) dipped 10.2% to close at $23.81.
- Elastic N.V. (NYSE: ESTC) dropped 8.5% to settle at $52.85.
- Live Nation Entertainment, Inc. (NYSE: LYV) fell 7.5% to close at $70.72. Live Nation Entertainment reported better-than-expected Q3 EPS and sales results.