US stocks ended sharply higher, with the Dow Jones up more than 750 points on Monday. Here is the list of some big stocks that posted losses in the previous session.
- Aura Biosciences, Inc. AURA fell 19.5% to close at $14.59. Aura Biosciences announced interim Phase 2 data evaluating suprachoroidal administration of belzupacap sarotalocan for the first-line treatment of patients with early-stage choroidal melanoma, presented at AAO 2022.
- GigaCloud Technology Inc. Conditions fell 18.5% to close at $8.24. Aegis Capital began coverage of GigaCloud Tech with a Buy rating and announced a price target of $26.
- Belite Bio, Inc BLTE fell 14% to close at $29.10. Belite Bio presented the 12-month interim results of the Phase 1b/2 study LBS-008 in juvenile Stargardt’s disease at the 2022 AAO Annual Meeting.
- Hippo Holdings Inc. HIPO fell 12.8% to close at $16.16.
- Third Harmonic Bio, Inc. THIRD fell 10.4% to close at $17.00.
- AMC Entertainment Holdings, Inc. MONKEY fell 10% to close at $2.44.
- Lilium NV LILM fell 9.2% to close at $2.07. Lilium recently announced a partnership with GlobeAir.
- Tesla, Inc. TSLA Shares fell 8.6% to close at $242.40 after the company reported third-quarter vehicle deliveries below Wall Street expectations. Tesla said it produced 365,923 vehicles and delivered 343,830 in the quarter.
- EQRx, Inc. EQRX fell 7.5% to close at $4.58.
- H&R Block, Inc. HRB fell 5.3% to $40.29.
- ABB Ltd FIG The price fell 5.3% to close at $24.30 after the company completed the spin-off of its turbocharger business.
