U.S. stocks traded lower, with the Dow Jones dropping over 150 points on Monday. Here are some big stocks recording losses in today’s session.
- Canoo Inc. (NASDAQ:GOEV) dropped 13.8% to $1.0769 after the company announced a $52.5 million registered direct offering of 50 million shares at $1.05 per share.
- The Children’s Place, Inc. (NASDAQ:PLCE) fell 13.4% to $40.39 after the company issued updated preliminary Q4 net sales results at approximately $454 million to $456 million, versus its prior guidance of $460 million at the low end.
- I-Mab (NASDAQ:IMAB) dipped 12.4% to $5.21.
- Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) dropped 11.7% to $32.44
- Nerdy, Inc. (NYSE:NRDY) tumbled 11.1% to $2.96.
- Gaotu Techedu Inc. (NYSE:GOTU) dropped 10.2% to $3.32.
- Lufax Holding Ltd (NASDAQ:LU) declined 9.4% to $2.70. Shares of several Chinese stocks traded lower after the US government shot down a balloon originating from China.
- Nordstrom, Inc. (NYSE:JWN) fell 9.2% to $23.95.
- Energizer Holdings, Inc. (NYSE:ENR) fell 8.2% to $34.19 following downbeat Q1 results.
- Constellium SE (NYSE:CSTM) declined 7.6% to $14.64. Constellium reported the completion of the divestment of its Ussel plant to French Investment Holding Noe Industries.
- RH (NYSE:RH) dropped 7.6% to $316.95. Telsey Advisory Group downgraded RH from Outperform to Market Perform and announced a $330 price target.
- loanDepot, Inc. (NYSE:LDI) fell 7.4% to $2.5750.
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