Intel, Hasbro, Colgate-Palmolive And Other Big Stocks Moving Lower On Friday


U.S. stocks traded higher, with the Dow Jones gaining over 50 points on Friday. Here are some big stocks recording losses in today’s session.

  • Bridger Aerospace Group Holdings, LLC BAER shares dipped 30% to $13.09. Bridger closed merger agreement with Jack Creek Investment Corp on Tuesday.
  • WiSA Technologies, Inc. WISA fell 18.1% to $9.09. WiSA Technologies announced a 1-for-100 reverse stock split.
  • FLJ Group Limited FLJ dropped 14.3% to $1.67.
  • Aspen Aerogels, Inc. ASPN declined 13.2% to $9.34.
  • Alvarium Tiedemann Holdings, Inc. ALTI fell 12.1% to $11.41.
  • Eastern Bankshares, Inc. EBC fell 11.7% to $15.53 after the company reported worse-than-expected Q4 EPS results.
  • World Acceptance Corporation WRLD dropped 10.8% to $96.68 after BMO Capital maintained an Underperform rating on the stock and lowered its price target from $46 to $32.
  • Tuniu Corporation TOUR declined 10.4% to $2.5625.
  • NetScout Systems, Inc. NTCT fell 9.6% to $32.58. NetScout Systems recently reported better-than-expected Q3 EPS and sales results.
  • California Resources Corporation CRC dropped 8.7% to $43.67. California Resources said Appellate Court issued preliminary order reinstating suspension of Kern County's ability to rely on existing EIR.
  • Bridgewater Bancshares, Inc. BWB fell 8.3% to $15.00 after Piper Sandler downgraded the stock from Overweight to Neutral and lowered its price target from $20.50 to $17.
  • Genelux Corporation GNLX fell 8.1% to $5.65. Genelux announced pricing of $15 million initial public offering of 2.5 million shares of common stock at a price of $6 per share.
  • Dime Community Bancshares, Inc. DCOM dropped 8.1% to $29.80 following Q4 results.
  • VEON Ltd. VEON dropped 7.5% to $0.5010.
  • Intel Corporation INTC fell 7.2% to $27.92 after the company reported weaker-than-expected results for its fourth quarter and issued soft guidance.
  • Hasbro, Inc. HAS dropped 6.7% to $59.51 after the company announced a workforce reduction and issued weak preliminary revenue results.
  • Marcus & Millichap, Inc. MMI dropped 6.6% to $35.71. Wells Fargo maintained Marcus & Millichap with an Underweight and lowered the price target from $26 to $24.
  • Colgate-Palmolive Company CL dropped 5.1% to $71.68 after the company reported Q4 earnings results and issued guidance.

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