BlackBerry, Calavo Growers And Some Other Big Stocks Moving Lower On Wednesday

U.S. stocks traded higher, with the Dow Jones gaining over 500 points on Wednesday. Here are some big stocks recording losses in today’s session.

• Rite Aid Corporation RAD shares dipped 13.9% to $11.89 after the company reported results for its third quarter.
• Calavo Growers, Inc. CVGW declined 11.6% to $29.92 after the company reported worse-than-expected Q4 EPS and sales results.
• EHang Holdings Limited EH dropped 9.6% to $6.62.
• Pharvaris N.V. PHVS fell 8.1% to $8.55.
• NWTN Inc. NWTN fell 8% to $11.14.
• BlackBerry Limited BB tumbled 7.8% to $3.82 after the company reported Q4 earnings results.
• Lanvin Group Holdings Limited LANV fell 7.8% to $6.76.
• Satellogic Inc. SATL fell 7.5% to $3.21.
• AAR Corp. AIR dropped 6.8% to $42.15 following Q2 results.
• Terns Pharmaceuticals, Inc. TERN dropped 6.6% to $7.89 after the company reported pricing of $75 million public offering.
• Pebblebrook Hotel Trust PEB fell 5.2% to $13.66 after the company lowered its FY22 FFO per share guidance.
• Steelcase Inc. SCS dropped 5% to $6.51. Steelcase recently announced better-than-expected Q3 EPS results.

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