U.S. stocks traded higher, with the Dow Jones gaining around 200 points on Thursday. Here are some big stocks recording losses in today’s session.
- BioXcel Therapeutics, Inc. (NASDAQ:BTAI) shares dropped 62.2% to $6.68 after the company released topline results from TRANQUILITY II Phase 3 trial of BXCL501 for acute treatment of Alzheimer's Disease-related agitation.
- Liquidia Corporation (NASDAQ:LQDA) fell 15% to $8.42. Liquidia said it is evaluating claim of patent application from United Therapeutics.
- Xiao-I Corporation (NASDAQ:AIXI) declined 12.1% to $5.38. Xiao-I launched generative AI Model.
- Disc Medicine Opco Inc (NASDAQ:IRON) dipped 10.8% to $45.65.
- Olema Pharmaceuticals, Inc. (NASDAQ:OLMA) fell 10.1% to $8.68.
- Minerva Neurosciences, Inc. (NASDAQ:NERV) dropped 9.2% to $9.25. Minerva Neurosciences shares jumped over 69% on Wednesday after the company announced a $20 million private placement priced at a premium to the market.
- Alvotech (NASDAQ:ALVO) dropped 8.2% to $6.75 after the FDA issued a complete response letter to second application for AVT02, biosimilar candidate for Humira.
- Xeris Biopharma Holdings, Inc. (NASDAQ:XERS) fell 7.6% to $2.44.
- Lilium N.V. (NASDAQ:LILM) fell 7.5% to $1.4794.
- Cricut, Inc. (NASDAQ:CRCT) dipped 7% to $13.20.
- TuSimple Holdings Inc. (NASDAQ:TSP) dropped 6.5% to $2.1599.
- Zura Bio Limited (NASDAQ:ZURA) dropped 5.8% to $8.43.
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