U.S. stocks traded higher, with the Nasdaq Composite rising around 70 points on Monday. Here are some big stocks recording losses in today’s session.
- Beneficient (NASDAQ:BENF) shares fell 17% to $6.87.
- Chijet Motor Company, Inc. (NASDAQ:CJET) dropped 11.2% to $4.04.
- Nasdaq, Inc. (NASDAQ:NDAQ) fell 10.9% to $51.53 after the company announced the acquisition of Adenza for $10.5 billion in cash and stock.
- Sandstorm Gold Ltd. (NYSE:SAND) dropped 10.1% to $4.6550.
- Jiayin Group Inc. (NASDAQ:JFIN) fell 10% to $5.42.
- Omeros Corporation (NASDAQ:OMER) dipped 9.9% to $6.76. Omeros said that the slides presented in the "late-breaker" session at the 2023 European Hematology Association Congress in Frankfurt, Germany are now available on Omeros’ website.
- Blue Apron Holdings, Inc. (NYSE:APRN) declined 8.4% to $8.20. Blue Apron reported closing of transaction with FreshRealm to execute its asset-light model and focus on its direct-to-consumer business.
- Methanex Corporation (NASDAQ:MEOH) dropped 7.9% to $39.99. Scotiabank downgraded Methanex from Sector Outperform to Sector Perform.
- Core Laboratories Inc. (NYSE:CLB) fell 7.4% to $23.06.
- Materialise NV (NASDAQ:MTLS) dropped 7.2% to $8.93.
- Tellurian Inc. (NASDAQ:TELL) fell 5.5% to $1.20.
- Ternium S.A. (NYSE:TX) fell 5.1% to $40.19. B of A Securities downgraded Ternium from Buy to Neutral and lowered the price target from $56 to $47.
Read More: US Stocks Open Higher; Nasdaq Rises Over 50 Points
