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

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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