U.S. stocks traded mixed, with the Dow Jones gaining over 50 points on Wednesday. Here are some big stocks recording losses in today’s session.
- Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
- Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
- Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
- Cutera, Inc. CUTR shares dipped 26.5% to $19.89 after the company announced the immediate terminations of Executive Chairman Daniel Plants and CEO David Mowry for cause and withdrew 2023 outlook.
- NaaS Technology Inc. NAAS dropped 19.1% to $8.51.
- ContextLogic Inc. WISH fell 17.5% to $8.09. ContextLogic, on Tuesday, announced a 1-for-30 reverse stock split.
- Nutex Health Inc. NUTX dropped 12.1% to $0.8401. Nutex Health recently entered into a $100 million pre-paid advance agreement with Yorkville Advisors Global.
- Cirrus Logic, Inc. CRUS declined 10.8% to $90.79.
- Mirum Pharmaceuticals, Inc. MIRM dropped 9.6% to $22.59 after the company announced preliminary Q1 financial results and a proposed convertible senior notes offering.
- Peloton Interactive, Inc. PTON dipped 8.8% to $10.48.
- American Airlines Group Inc. AAL fell 8.1% to $13.15 after the company issued preliminary results below analyst expectations.
- Symbotic Inc. SYM dropped 7.9% to $25.64.
- Eos Energy Enterprises, Inc. EOSE fell 7.5% to $2.8950 after the company reported $40 million registered direct offering and concurrent private placement.
- AudioCodes Ltd. AUDC dropped 7.4% to $10.98. B of A Securities downgraded AudioCodes from Neutral to Underperform and lowered the price target from $22 to $9.5.
- Vitesse Energy, Inc. VTS dropped 7.3% to $19.13. Northland Capital Markets downgraded Vitesse Energy from Outperform to Market Perform and announced a $23 price target.
- United Airlines Holdings, Inc. UAL fell 6.7% to $41.35.
- CarMax, Inc. KMX dropped 6% to $67.87. CarMax, on Tuesday, reported a fourth-quarter 2023 net revenue decline of 25.6% year-on-year to $5.72 billion, missing the consensus of $6.04 billion.
Check This Out: These 3 Health Care Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
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AALAmerican Airlines Group Inc
$11.790.08%
Edge Rankings
Momentum
25.95
Growth
74.55
Quality
Not Available
Value
45.09
Price Trend
Short
Medium
Long
AUDCAudioCodes Ltd
$9.660.31%
CRUSCirrus Logic Inc
$102.821.76%
EOSEEos Energy Enterprises Inc
$4.2510.7%
KMXCarMax Inc
$67.302.42%
MIRMMirum Pharmaceuticals Inc
$47.051.44%
NAASNaas Technology Inc
$1.2013.2%
NUTXNutex Health Inc
$122.01-0.01%
PTONPeloton Interactive Inc
$7.746.03%
SYMSymbotic Inc
$30.301.64%
UALUnited Airlines Holdings Inc
$83.60-0.75%
VTSVitesse Energy Inc
$23.584.52%
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