US stocks traded higher with the Dow Jones gaining more than 400 points on Tuesday. Here are some big stocks that posted losses in today’s session.
- NanoString Technologies, Inc. NSTG Shares fell 47.5% to $4.84 after the company reported worse-than-expected Q3 results.
- Bioventus IncBVS fell 45.1% to $3.8750 after the company reported weak Q3 results and lowered FY22 guidance.
- R1 RCM Inc. RCM fell 44.2% to $8.23 after the company reported worse-than-expected Q3 EPS and sales results and cut its FY22 revenue guidance below estimates.
- Unisys Corporation UIS fell 41.2% to $5.27 after weak quarterly sales.
- The Pennant Group, Inc. PNGG fell 27.2% to $9.87 after weak quarterly earnings.
- Clarus Corporation CLEAR fell 24.9% to $8.27 after the company reported worse-than-expected Q3 results and issued FY22 guidance below estimates.
- Tripadvisor, Inc. TRAVEL Shares fell 21.8% to $18.61 after the company reported worse-than-expected third-quarter EPS results.
- Lyft, Inc. LYFT Shares fell 20.2% to $11.29 after the company released worse-than-expected third-quarter sales results and a lower-than-analysts’ fourth-quarter sales forecast. Evercore ISI Group downgraded Lyft to In-Line from Outperform and lowered its price target to $18 from $41.
- Akoya Biosciences, Inc. AKYA fell 18.3% to $10.63 as the company posted a bigger-than-expected quarterly loss.
- Meridian Link, Inc. MLNK fell 17.9% to $13.24 after reporting a loss for the third quarter.
- Ocular Therapeutix, Inc. OKUL fell 17.8% to $2.9199 after losing in the third quarter.
- Marinus Pharmaceuticals, Inc. MRNS fell 17.8% to $4.61 after the company released financial results for the third quarter.
- MicroStrategy Incorporated MSTR fell 14.5% to $228.00 in sympathy with the price of Bitcoin and Ethereum.
- Silvergate Capital Corporation S.I was down 14.4% at $43.59. Silvergate announced changes to its leadership team.
- Perrigo Company plc PRGO fell 14.1% to $33.75 as the company lowered its FY22 earnings guidance.
- Lumentum Holdings Inc.
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