Avis Budget, Zebra Technologies And Some Other Big Stocks Moving Lower On Tuesday

Loading...
Loading...

 


  • FAT Brands Inc. FATBB fell 30% to $10.50. The company recently posted a Q2 net loss of $8.2 million or $0.50 per share.

  • DZS Inc. DZSI fell 23% to $15.06 after the company reported worse-than-expected Q2 results.

  • Syneos Health, Inc. SYNH dipped 16.8% to $65.82 as the company lowered its FY22 guidance.

  • TimkenSteel Corporation TMST fell 16.4% to $16.49 after KeyBanc downgraded the stock from Overweight to Sector Weight.

  • Daseke, Inc. DSKE declined 14.6% to $7.34 following Q2 results.

  • Titan International, Inc. TWI fell 14.4% to $14.52 following weak quarterly sales.

  • Enhabit, Inc. EHAB dropped 13.9% to $15.47. Enhabit reported a 6.3% year-over-year decline in net service revenue.

  • Emergent BioSolutions Inc. EBS dropped 13.1% to $29.76 following downbeat quarterly results.

  • Astec Industries, Inc. ASTE fell 11.4% to $43.38 after reporting a decline in quarterly earnings.

  • Woodward, Inc. WWD dipped 10.2% to $94.12 after the company issued FY22 guidance below estimates. The company said its Q3 profitability was impacted by labor and material inflation as well as global supply chain and labor disruption.

  • Molson Coors Beverage Company TAP fell 10.2% to $53.57 after the company reported worse-than-expected Q2 sales results.

  • Tellurian Inc. TELL dipped 10.1% to $3.20. Evercore ISI Group downgraded Tellurian from Outperform to In-Line and lowered the price target from $7.5 to $4.5.

  • Matson, Inc. MATX fell 9.9% to $82.26 following Q2 results.

  • Avis Budget Group, Inc. CAR dropped 9.1% to $164.66. Avis Budget reported better-than-expected Q2 EPS and sales results.

  • Zebra Technologies Corporation ZBRA dropped 8.8% to $326.73 after the company issued Q3 guidance below estimates.

  • Encore Wire Corporation WIRE dipped 8.7% to $126.28. Encore Wire recently reported better-than-expected Q2 sales results.

  • Arconic Corporation ARNC fell 8.6% to $27.82 as the company lowered its FY22 top-line outlook.

  • Sealed Air Corporation SEE fell 8.4% to $56.31 following Q2 results.

  • Credit Acceptance Corporation CACC dropped 8.3% to $533.62 after reporting Q2 results.

  • Arbor Realty Trust, Inc. ABR fell 7.8% to $15.26.

  • Kemper Corporation KMPR dropped 7% to $43.10 following Q2 results.

  • Waters Corporation WAT fell 5.9% to $343.97 after reporting Q2 results. Waters sees Q3 adjusted. EPS of $2.50-$2.60 versus analysts’ estimates of $2.70,

  • Credit Suisse Group AG CS fell 5.5% to $5.45. Credit Suisse Group recently reported quarterly losses of 62 cents per share.


  •  

 

 

 

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsPenny StocksSmall CapIntraday UpdateMarketsMoversTrading IdeasMid-Day LosersTop Losers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...