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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.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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