Dada Nexus, Bilibili And Other Big Stocks Moving Lower On Monday

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U.S. stocks traded lower, with the Nasdaq Composite dropping over 100 points on Monday. Here are some big stocks recording losses in today’s session.

  • FiscalNote Holdings, Inc. NOTE dipped 26.2% to $3.73. FiscalNote acquired geopolitical data and security intelligence company, Dragonfly.
  • Orchestra BioMed Holdings, Inc. OBIO dropped 16.6% to $9.59.
  • Icosavax, Inc. ICVX dropped 16% to $9.67.
  • Dada Nexus Limited DADA dropped 14.7% to $12.94. Shares of several Chinese stocks traded lower amid the reopening of Chinese financial markets following the Lunar New Year holiday.
  • EHang Holdings Limited EH fell 11.6% to $12.61.
  • BuzzFeed, Inc. BZFD dropped 11.6% to $3.4181 after jumping over 85% on Friday. The company recently said it would use ChatGPT to help create content.
  • GDS Holdings Limited GDS dropped 11.6% to $23.31.
  • HomeStreet, Inc. HMST declined 11.3% to $26.00 following downbeat Q4 results.
  • HUTCHMED (China) Limited HCM dropped 11% to $17.68. Hutchmed recently licensed its Fruquintinib for commercialization outside of China to Takeda for $400M.
  • TPI Composites, Inc. TPIC fell 11% to $12.34.
  • Abcam plc ABCM fell 10.2% to $14.75.
  • I-Mab IMAB fell 10% to $6.12.
  • Youdao, Inc. DAO declined 9.9% to $7.13.
  • Bilibili Inc. BILI dropped 9.6% to $25.11. Shares of several Chinese stocks traded lower amid the reopening of Chinese financial markets following the Lunar New Year holiday.
  • Stitch Fix, Inc. SFIX dropped 9.1% to $4.49.
  • TDCX Inc. TDCX fell 8.9% to $12.97.
  • Repligen Corporation RGEN dropped 7.6% to $180.29.

Check This Out: US Stocks Open Lower; Nasdaq Down 1%

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