Smucker, FuelCell Energy, Granite Ridge Resources And Other Big Stocks Moving Lower On Monday


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


U.S. stocks traded higher, with the Dow Jones gaining around 100 points on Monday. Here are some big stocks recording losses in today’s session.

  • IHS Holding Limited (NYSE:IHS) shares fell 15.7% to $5.01.
  • Granite Ridge Resources, Inc. (NYSE:GRNT) fell 11% to $6.67. Granite Ridge Resources launched a secondary public offering of 7.1 million shares by selling stockholders.
  • Puyi Inc. (NASDAQ:PUYI) tumbled 9.6% to $5.20.
  • Butterfly Network, Inc. (NYSE:BFLY) declined 8.8% to $1.7050.
  • Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL) fell 8.7% to $179.48. Madrigal Pharmaceuticals named Bill Sibold as CEO.
  • FuelCell Energy, Inc. (NASDAQ:FCEL) fell 8.6% to $1.3150. FuelCell Energy reported a third-quarter FY23 revenue decline of 41% year-over-year to $25.51 million, missing the consensus of $27.72 million.
  • Virgin Galactic Holdings, Inc. (NYSE:SPCE) dipped 8.3% to $2.0998.
  • Marathon Digital Holdings, Inc. (NASDAQ:MARA) fell 8% to $10.04.
  • The J. M. Smucker Company (NYSE:SJM) declined 7.9% to $130.39 after the company announced it will acquire Hostess Brands.
  • SmartRent, Inc. (NYSE:SMRT) shares declined 7.5% to $2.84.
  • Pharvaris N.V. (NASDAQ:PHVS) fell 7.2% to $19.70.
  • Vertical Aerospace Ltd. (NYSE:EVTL) declined 6.1% to $1.6150.
  • RTX Corporation (NYSE:RTX) fell 5.9% to $78.52. RTX provided an update on the impact to the Pratt & Whitney GTF fleet (PW1100 GTF engines, which power the A320neo) arising from the previously disclosed rare condition in powder metal used to manufacture certain engine parts.
  • VinFast Auto Ltd. (NASDAQ:VFS) fell 5.2% to $16.26.

Now Read This: Ethereum Falls Below $1,600; Arbitrum Becomes Top Loser


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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