AMD, SolarEdge Technologies And Some Other Big Stocks Moving Lower On Wednesday

AMD, SolarEdge Technologies And Some Other Big Stocks Moving Lower On Wednesday

 


  • Rocky Brands, Inc. RCKY dipped 21.6% to $26.62 after the company reported worse-than-expected Q2 EPS results.

  • Horizon Therapeutics Public Limited Company HZNP dropped 21.3% to $64.57 after the company reported worse-than-expected Q2 EPS and sales results and lowered FY22 sales guidance below estimates.

  • Knowles Corporation KN fell 19% to $15.45 after reporting downbeat quarterly sales. Roth Capital downgraded Knowles from Buy to Neutral and lowered the price target from $30 to $17.

  • SolarEdge Technologies, Inc. SEDG fell 19% to $295.82 after the company reported worse-than-expected Q2 EPS.

  • Match Group, Inc. MTCH fell 17.1% to $63.56 after the company reported worse-than-expected Q2 sales and guided for muted top-line growth in the second half of 2022.

  • Hydrofarm Holdings Group, Inc. HYFM shares fell 16.9% to $2.7188 after the company issued weak sales forecast for the second quarter. JP Morgan downgraded Hydrofarm from Overweight to Neutral.

  • AMTD Digital Inc. HKD dropped 16.6% to $1,400.00.

  • Triumph Group, Inc. TGI dropped 14% to $14.26 after the company issued weak earnings forecast for FY23.

  • Southwest Gas Holdings, Inc. SWX fell 13.3% to $75.75. Southwest Gas board concluded its strategic review.

  • Mercury Systems, Inc. MRCY dropped 13.1% to $49.94 after the company reported worse-than-expected Q4 EPS and sales results. The company also issued Q1 EPS and sales guidance below analyst estimates.

  • Bright Horizons Family Solutions Inc. BFAM fell 11.8% to $83.28 after the company reported worse-than-expected Q2 sales results.

  • Kanzhun Limited BZ fell 10.6% to $20.00.

  • STERIS plc STE dipped 10.3% to $201.14 after the company reported worse-than-expected Q1 EPS results and lowered FY23 adjusted EPS guidance below estimates.

  • Mercury General Corporation MCY declined 10% to $35.97 following weak quarterly results.

  • Big 5 Sporting Goods Corporation BGFV fell 9.9% to $11.58 after reporting weak Q2 results.

  • Owens & Minor, Inc. OMI fell 9.6% to $33.12 after reporting downbeat quarterly sales. Owens & Minor expects sales of $9.8 billion - $10.1 billion (prior view $9.9 billion - $10.3 billion) versus the consensus of $10.15 billion.

  • Assurant, Inc. AIZ dipped 9.3% to $155.63 following downbeat quarterly earnings.

  • Service Corporation International SCI fell 9% to $66.99 after reporting Q2 results.

  • Charles River Laboratories International, Inc. CRL dipped 8.8% to $222.02 after the company reported worse-than-expected Q2 sales results and lowered FY22 adjusted EPS guidance below estimates.

  • Novo Nordisk A/S NVO fell 8.7% to $104.46 following H1 2022 results.

  • Advanced Micro Devices, Inc AMD fell 3.5% to $95.83. Advanced Micro Devices reported upbeat earnings for its second quarter and issued Q3 sales guidance with a midpoint below estimates.


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