Goldman Sachs, New Oriental Education & Technology And Other Big Stocks Moving Lower On Tuesday

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U.S. stocks traded lower, with the Dow Jones dropping around 300 points on Tuesday. Here are some big stocks recording losses in today’s session.

  • BigBear.ai Holdings, Inc. BBAI shares dipped 23% to $1.63 after the company announced a $25 million private placement.
  • iQIYI, Inc. IQ dropped 14.3% to $1.63. iQIYI priced its 76.5 million ADS offering at $5.90 per ADS.
  • EHang Holdings Limited EH fell 13.6% to $14.58.
  • Mullen Automotive, Inc. MULN dropped 11.7% to $0.3156.
  • ioneer Ltd IONR declined 11.3% to $15.15. Ioneer, last week, announced finalization of a term sheet and offer of a conditional commitment for a proposed $700 million loan from the US Department of Energy.
  • Rain Oncology Inc. RAIN dropped 10.4% to $9.63.
  • New Oriental Education & Technology Group Inc. EDU declined 10.4% to $38.18 following weak quarterly earnings.
  • Newegg Commerce, Inc. NEGG fell 9.6% to $1.87.
  • Atour Lifestyle Holdings Limited ATAT declined 9.6% to $22.96.
  • HUYA Inc. HUYA fell 9.2% to $4.8785.
  • Baozun Inc. BZUN dropped 9% to $7.39.
  • Scholar Rock Holding Corporation SRRK dipped 8.9% to $10.97.
  • Orla Mining Ltd. ORLA fell 8.3% to $3.8990.
  • Dada Nexus Limited DADA dropped 7.7% to $12.92.
  • XPeng Inc. XPEV fell 7.4% to $9.25.
  • Baidu, Inc. BIDU declined 6.9% to $129.33. Jefferies maintained Baidu with a Buy and lowered the price target from $217 to $210.
  • The Goldman Sachs Group, Inc. GS dropped 6% to $351.70 following downbeat Q4 results.
  • The Travelers Companies, Inc. TRV fell 5.1% to $184.10. The Travelers Companies expects to report Q4 net income of $3.44 per Share.

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