U.S. stocks closed lower with the Dow Jones dropping more than 500 points on Tuesday. Here is the list of some big stocks recording losses in the previous session.
- iRhythm Technologies, Inc. (NASDAQ:IRTC) fell 14.8% to close at $132.43. iRhythm Technologie reaffirmed its previously provided financial guidance for 2022, according to Reuters.
- Zai Lab Limited (NASDAQ:ZLAB) fell 12.7% to close at $42.89.
- XPeng Inc. (NYSE:XPEV) dropped 11.6% to settle at $14.09.
- Sotera Health Company (NASDAQ:SHC) fell 10.7% to close at $7.32 after JP Morgan downgraded the stock from Overweight to Underweight and lowered its price target from $26 to $9.
- NIO Inc. (NYSE:NIO) dropped 10.3% to settle at $18.30 amid overall weakness in Chinese stocks.
- Alcoa Corporation (NYSE:AA) fell 9.5% to close at $39.41 after Credit Suisse lowered its price target on the stock from $63 to $50.
- Li Auto Inc. (NASDAQ:LI) dropped 8.8% to settle at $23.10 amid overall weakness in Chinese stocks.
- Opendoor Technologies Inc. (NASDAQ:OPEN) fell 8.7% to close at $3.25.
- Trip.com Group Limited (NASDAQ:TCOM) dropped 8.5% to settle at $24.43 amid overall weakness in Chinese stocks.
- The Chemours Company (NYSE:CC) declined 8.4% to close at $28.14 after the company lowered its FY22 adjusted EBITDA guidance.
- Sportradar Group AG (NASDAQ:SRAD) dropped 8.2% to settle at $9.18.
- Caesars Entertainment, Inc. (NASDAQ:CZR) fell 8% to close at $41.54.
- Tandem Diabetes Care, Inc. (NASDAQ:TNDM) fell 7.8% to close at $49.15.
