Harmony Biosciences, Futu Holdings, iHeartMedia And Other Big Stocks Moving Lower On Tuesday

Lisa Levin 3 years ago

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U.S. stocks traded mixed, with the Dow Jones gaining around 100 points on Tuesday. Here are some big stocks recording losses in today’s session.

U.S. stocks traded mixed, with the Dow Jones gaining around 100 points on Tuesday. Here are some big stocks recording losses in today’s session.

  • Harmony Biosciences Holdings, Inc. (NASDAQ:HRMY) dropped 26.4% to $30.53 after Scorpion Capital issued a short report on the company.
  • iHeartMedia, Inc. (NASDAQ:IHRT) tumbled 11.6% to $3.79. B of A Securities downgraded iHeartMedia from Neutral to Underperform and lowered the price target from $6.5 to $4.
  • Puyi Inc. (NASDAQ:PUYI) declined 11.2% to $5.77.
  • Futu Holdings Limited (NASDAQ:FUTU) fell 7.2% to $45.77 following Q4 results.
  • Amprius Technologies, Inc. (NYSE:AMPX) dropped 6.5% to $7.01. Amprius Technologies recently posted downbeat quarterly results.
  • Navitas Semiconductor Corporation (NASDAQ:NVTS) shares declined 6.4% to $6.43.
  • Twist Bioscience Corporation (NASDAQ:TWST) fell 6.2% to $15.27.
  • Doximity, Inc. (NYSE:DOCS) dropped 5.8% to $30.87. Doximity recently issued Q4 and FY23 revenue guidance below estimates.
  • Invesco Mortgage Capital Inc. (NYSE:IVR) dropped 5% to $10.64 after the company announced a cash dividend of $0.40 per share of common stock for the first quarter and issued an update on estimated results of operations, portfolio, liquidity and book value.
  • Super Micro Computer, Inc. (NASDAQ:SMCI) fell 4.6% to $105.74.
  • Snap Inc. (NYSE:SNAP) dropped 4.3% to $11.22.

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