Goodyear Tire, Catalent, Zebra Technologies And Some Other Big Stocks Moving Lower On Tuesday

Goodyear Tire, Catalent, Zebra Technologies And Some Other Big Stocks Moving Lower On Tuesday

U.S. stocks traded lower, with the Dow Jones dropping more than 100 points on Tuesday. Here are some big stocks recording losses in today’s session.

  • Varonis Systems, Inc. VRNS shares tumbled 32.5% to $18.08 after the company reported worse-than-expected Q3 results.
  • Catalent, Inc. CTLT dropped 26.5% to $48.34 after the company reported worse-than-expected Q1 EPS and sales results and issued FY23 sales guidance below estimates.
  • Myriad Genetics, Inc. MYGN fell 19.1% to $16.78 following downbeat Q3 results.
  • Instil Bio, Inc. TIL fell 18.3% to $2.6900. Instil Bio voluntarily paused enrollment of its ongoing clinical trials. Cowen & Co. downgraded Instil Bio from Outperform to Market Perform.
  • TETRA Technologies, Inc. TTI declined 17.2% to $4.09 following weak quarterly results.
  • Solaris Oilfield Infrastructure, Inc. SOI dropped 17.2% to $11.23 following downbeat quarterly sales.
  • Transcat, Inc. TRNS dropped 15.8% to $69.64 following Q2 results.
  • The Goodyear Tire & Rubber Company GT fell 15.4% to $10.75 after the company reported worse-than-expected Q3 earnings.
  • Zebra Technologies Corporation ZBRA dropped 15.4% to $239.65 after the company reported worse-than-expected Q3 EPS and sales results. The company also issued Q4 EPS guidance below analyst estimates.
  • BioCryst Pharmaceuticals, Inc. BCRX fell 14.6% to $11.40 after the company reported Q3 earnings results and issued FY22 guidance.
  • Clearwater Paper Corporation CLW declined 12.8% to $38.75 following Q3 results. RBC Capital downgraded Clearwater Paper from Outperform to Sector Perform.
  • OrthoPediatrics Corp. KIDS fell 12.1% to $37.35 after the company issued FY22 revenue guidance below estimates.
  • Avis Budget Group, Inc. CAR fell 9.9% to $213.03 following Q3 results.
  • TopBuild Corp. BLD dropped 9.7% to $153.66 following Q3 results.
  • Evolent Health, Inc. EVH declined 9.4% to $28.82. Truist Securities initiated coverage on Evolent Health with a Hold rating and announced a price target of $33.
  • Harmonic Inc. HLIT dropped 9.3% to $14.01 following Q3 results.
  • Sealed Air Corporation SEE dipped 9.2% to $43.26 after the company announced it will acquire Liquibox for $1.15 billion. The company also reported worse-than-expected Q3 sales.
  • Otter Tail Corporation OTTR fell 8.9% to $61.39 after the company lowered its FY22 EPS guidance.
  • Ecolab Inc. ECL dropped 8.8% to $143.25 after the company reported worse-than-expected Q3 EPS results.
  • Premier, Inc. PINC fell 8.4% to $31.94 after the company reported worse-than-expected Q1 results.
  • Weis Markets, Inc. WMK dropped 8.2% to $86.00. Weis Markets posted Q3 EPS of $1.07.
  • Babcock & Wilcox Enterprises, Inc. BW declined 8.1% to $4.19.
  • Canopy Growth Corporation CGC dropped 8% to $3.43.
  • Kforce Inc. KFRC fell 7.8% to $58.33 after reporting Q3 results.
  • Kennametal Inc. KMT dropped 6.9% to $24.90 following downbeat quarterly earnings.
  • Stryker Corporation SYK fell 4.3% to $219.50 after the company reported worse-than-expected Q3 results and issued 2022 guidance below estimates.

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