Catalyst Pharmaceuticals, Xylem And Other Big Stocks Moving Lower On Monday

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U.S. stocks traded higher, with the Dow Jones gaining over 300 points on Monday. Here are some big stocks recording losses in today’s session.

  • Catalyst Pharmaceuticals, Inc. CPRX shares dipped 29.9% to $14.59 after Teva Pharmaceuticals stated it plans to sell a generic version of Catalyst's FIRDAPSE in the United States.
  • Eargo, Inc. EAR dropped 15.1% to $12.35 after jumping 26% on Friday. The company recently effected a 1:20 reverse stock split.
  • Eve Holding, Inc. EVEX declined 13.7% to $6.33. Eve Holding recently reported a third-quarter FY22 net loss of $(36.7) million versus a loss of $(3.8) million in 3Q21.
  • AnPac Bio-Medical Science Co., Ltd. ANPC dipped 12% to $8.48. AnPac Bio-Medical Sciences announced receipt of staff delisting determination from the Nasdaq.
  • Xylem Inc. XYL declined 9.5% to $99.70 after the company announced it would acquire Evoqua for $7.5B of Xylem stock.
  • Bed Bath & Beyond Inc. BBBY fell 9.2% to $3.04. The company received a Nasdaq notice regarding a delayed quarterly report. It was also reported the company has hired a legal advisor ahead of a potential bankruptcy filing.
  • Pharvaris N.V. PHVS dropped 8.8% to $9.35.
  • Vigil Neuroscience, Inc. VIGL fell 7.4% to $11.77.
  • Mammoth Energy Services, Inc. TUSK dropped 6.9% to $6.64.
  • Oragenics, Inc. OGEN dropped 5.8% to $7.80.

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