EPAM Systems, Amyris, Blueprint Medicines And Other Big Stocks Moving Lower On Monday
Lisa Levin 3 years ago
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U.S. stocks traded mixed, with the Dow Jones dropping around 100 points on Monday. Here are some big stocks recording losses in today’s session.
U.S. stocks traded mixed, with the Dow Jones dropping around 100 points on Monday. Here are some big stocks recording losses in today’s session.
- Castle Biosciences, Inc. (NASDAQ:CSTL) shares dipped 48% to $11.80. Baird, SVB Securities and Lake Street lowered their price targets on the stock.
- EPAM Systems, Inc. (NASDAQ:EPAM) dropped 17.7% to $213.50 after the company cut its second-quarter financial outlook.
- Amyris, Inc. (NASDAQ:AMRS) fell 16.2% to $0.7885. Amyris initiated strategic transformation program and secured funding to deliver the company's planned cost reduction target of approximately $250 million from cost of goods sold.
- Comtech Telecommunications Corp. (NASDAQ:CMTL) declined 13.7% to $10.64.
- DMC Global Inc. (NASDAQ:BOOM) dropped 13.6% to $15.65.
- SunCar Technology Group Inc. (NASDAQ:SDA) fell 13.2% to $20.22.
- Gannett Co., Inc. (NYSE:GCI) dropped 12.7% to $1.9650.
- Zumiez Inc. (NASDAQ:ZUMZ) fell 11.1% to $13.76. Zumiez recently posted a wider-than-expected quarterly loss.
- IGM Biosciences, Inc. (NASDAQ:IGMS) dipped 10.9% to $12.11. Wedbush reiterated IGM Biosciences with an Outperform and maintained a $37 price target.
- Endava plc (NYSE:DAVA) fell 10.8% to $45.97. Needham reiterated Endava with a Buy and maintained a $68 price target.
- Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) declined 10.6% to $8.77.
- Stitch Fix, Inc. (NASDAQ:SFIX) dropped 10.3% to $3.5250.
- 8x8, Inc. (NASDAQ:EGHT) fell 9.5% to $3.80. 8x8 appointed Samuel Wilson as CEO.
- Metals Acquisition Corp (NASDAQ:MTAL) declined 8.9% to $10.38.
- Cipher Mining Inc. (NASDAQ:CIFR) fell 8.7% to $2.3550.
- Globant SA (NYSE:GLOB) slipped 8.6% to $172.32.
- CPI Card Group Inc. (NASDAQ:PMTS) fell 8% to $25.13. CPI Card Group said President and CEO Scott Scheirman will retire in 2024 effective Feb. 28, 2024.
- Enovix Corporation (NASDAQ:ENVX) dropped 7.7% to $13.16.
- Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) fell 7.7% to $2.5350.
- Blueprint Medicines Corporation (NASDAQ:BPMC) dipped 6.8% to $54.24. SVB Leerink downgraded Blueprint Medicines from Market Perform to Underperform and lowered the price target from $48 to $43.
- PetMed Express, Inc. (NASDAQ:PETS) dropped 5.5% to $14.79.
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