PNC Financial, bluebird bio And Other Big Stocks Moving Lower On Wednesday

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

Arrival (NASDAQ:ARVL) shares dropped 20.5% to $0.4850.
Marathon Digital Holdings, Inc. (NASDAQ:MARA) declined 16.4% to $7.01.
Hut 8 Mining Corp. (NASDAQ:HUT) fell 16.4% to $1.5390.
OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) dropped 13.3% to $8.25.
EHang Holdings Limited (NASDAQ:EH) shares declined 13% to $11.82.
Gorilla Technology Group Inc. (NASDAQ:GRRR) fell 12.7% to $5.70.
Bright Health Group, Inc. (NYSE:BHG) declined 12.5% to $0.9095. Bright Health Group recently announced it increased 2023 Enterprise Revenue guidance to $3.4 - $3.6 billion.
Chegg, Inc. (NYSE:CHGG) fell 12.2% to $21.45. Needham downgraded Chegg from Buy to Hold.
BIT Mining Limited (NYSE:BTCM) declined 12.2% to $3.83.
Full Truck Alliance Co. Ltd. (NASDAQ:YMM) dipped 11.8% to $8.48.
Riot Platforms, Inc. (NASDAQ:RIOT) dropped 11.4% to $5.68.
Clear Secure, Inc. (NYSE:YOU) fell 11.4% to $27.16.
MicroStrategy Incorporated (NASDAQ:MSTR) dropped 10.7% to $210.52.
Arqit Quantum Inc. (NASDAQ:ARQQ) fell 10.5% to $2.5950.
bluebird bio, Inc. (NASDAQ:BLUE) dropped 9.9% to $6.56 after the company announced a proposed public offering of common stock.
Nicolet Bankshares, Inc. (NYSE:NIC) fell 8.3% to $72.25.
YETI Holdings, Inc. (NYSE:YETI) dropped 7.9% to $41.63. Cowen & Co. downgraded YETI Holdings from Outperform to Market Perform and announced a $47 price target.
The PNC Financial Services Group, Inc. (NYSE:PNC) fell 5.4% to $153.15 after the company reported worse-than-expected earnings results.
The Charles Schwab Corporation (NYSE:SCHW) dropped 3.4% to $80.69 after the company reported Q4 and FY22 financial results.