US stocks mostly ended higher, with the Dow Jones up around 146 points on Thursday. Here is the list of some big stocks that moved down in the previous session.
- Okta, Inc. OCTA down 33.7% to close at $60.60 after the company released second quarter results and financial guidance for third and fiscal 23. Several analysts also lowered their price targets for the stock.
- Getty Images Holdings, Inc. GETY fell 28.8% to close at $14.42.
- Semtech Corporation SMTC Shares fell 27.2% to close at $33.65 after the company released third-quarter revenue guidance below analysts’ estimates. Cowen & Co. and Oppenheimer also downgraded the stock.
- MongoDB, Inc. MDS Shares fell 25.3% to close at $241.11 after the company released earnings guidance that fell below analysts’ estimates.
- C3.ai, Inc. AI fell 19.3% to close at $14.52 after the company released worse-than-expected Q1 sales results and below-analysts’ estimates for Q3 and 23Q sales.
- Genesco Inc. GCO fell 18.4% to close at $46.16 as the company lowered its FY23 guidance.
- GitLab Inc. GTLB fell 15.6% to close at $50.53.
- Land’s End, Inc. LE fell 15.3% to $11.70 after the company released Q3 EPS and revenue and FY22 EPS guidance below estimates.
- Hashi Corp, Inc. HCP fell 14.4% to close at $30.26.
- Veeva Systems Inc. VEEV fell 14% to $171.42 after the company released Q3 and FY23 sales forecasts below analyst estimates.
- Samsara Inc. Internet of Things fell 13% to close at $12.94 after the third quarter results.
- Signet Jewelers Limited SIG fell 12% to close at $57.50 after the second quarter results.
- Polestar Automotive Holding UK PLC PSNY fell 11.9% to close at $6.89. Polestar reported revenue of $1.04 billion for the first half.
- Ciena Corporation CIEN fell 10.4% to $45.48 after the company reported worse-than-expected third-quarter sales results.
- Enovix Corporation ENVX declined 10% to close at $19.92.
- Vicor Corporation VICR fell 10% to $64.05.
- Fluence Energy, Inc. FLNC fell 9.6% to close at $18.03.
- KnowBe4, Inc. KNBE declined 9.6% to close…
