US stocks ended mixed, with the Nasdaq Composite falling more than 100 points on Tuesday. Here is the list of some big stocks that posted losses in the previous session.
- AZZ Inc. AZZ Shares fell 22.1% to close at $30.41 after the company reported worse-than-expected Q2 adjusted EPS results. The company said it would not provide full-year 2023 guidance at this time.
- Orthofix Medical Inc. OFIX Shares fell 19.2% to close at $14.87 after the company and SeaSpine announced they were going into a merger of equals. The company also announced preliminary net sales for the third quarter.
- Lyft, Inc. LYFT was down 12% to close at $11.27 after the US Department of Labor released a proposal to force companies to reclassify independent contractors as employees.
- ACM Research, Inc. ACMR slipped 11.8% to close at $7.97. Jefferies downgraded ACM Research to Underperform from Buy and lowered its price target to $8 from $33.67.
- AN2 Therapeutics, Inc. ANTX fell 11.5% to close at $17.43.
- Trip.com Group Limited TCOM declined 11.2% to close at $23.63.
- HilleVax, Inc. HLVX fell 10.6% to close at $15.56.
- Uber Technologies, Inc. ABOVE fell 10.4% to close at $24.66 after the US Department of Labor released a proposal to force companies to reclassify independent contractors as employees.
- IAC Inc. IAK fell 10.4% to $49.83.
- Zymeworks Inc. ZYME Shares fell 10.4% to close at $5.35.
- Angi Inc. ANGI fell 10.2% to $2.65. Angi appointed Joey Levin as CEO.
- Skillz Inc. SKLZ fell 9.9% to close at $0.9367.
- Grid Dynamics Holdings, Inc. GDYN declined 9.8% to close at $14.00.
- LivaNova PLC LIVN fell 9.7% to $44.18.
- Infinera Corporation INFN declined 9.1% to close at $4.39. Morgan Stanley kept Infinera at an equal weight and lowered its price target to $5 from $7.5.
- Leggett & Platt, Incorporated LEG fell 7.2% to close at $32.17 as the company lowered its full-year 2022 earnings and sales guidance.
- Wynn Resorts,…
