PTC Therapeutics, Planet Fitness, Kemper And Other Big Stocks Moving Lower On Friday

U.S. stocks traded higher, with the Dow Jones falling around 180 points on Friday. Here are some big stocks recording losses in today’s session.

• PTC Therapeutics, Inc. PTCT dipped 31.6% to $25.56 after the company announced the CHMP has given a negative opinion on the conversion of the conditional marketing authorization to full marketing authorization of Translarna for the treatment of nmDMD.
• GDEV Inc. GDEV shares declined 16.4% to $3.09.
• Planet Fitness, Inc. PLNT shares tumbled 15.2% to $50.74 after the company announced Craig R. Benson has been appointed the interim CEO, succeeding Chris Rondeau.
• Mitek Systems, Inc. MITK shares declined 10.7% to $11.58 after the company reported results for its second quarter and reiterated its FY23 guidance.
• Kemper Corporation KMPR shares fell 10.5% to $45.67. Kemper named Senior Vice President and Treasurer Bradley T. Camden as interim Chief Financial Officer, effective immediately and said it is initiating formal search process for a permanent Chief Financial Officer.
• Kaixin Auto Holdings KXIN shares dipped 9.6% to $2.94.
• The Vita Coco Company, Inc. COCO shares fell 9.4% to $26.08.
• Ambrx Biopharma Inc. AMAM fell 8.4% to $9.10.
• Perfect Corp. PERF fell 8.3% to $3.2150.
• Iris Energy Limited IREN fell 8.2% to $4.60. The company posted net loss after income tax of $171.9 million for FY23, versus a $419.8 million loss in fiscal year 2022.
• FingerMotion, Inc. FNGR dipped 8.2% to $6.44.
• Super Micro Computer, Inc. SMCI declined 7.7% to $249.93.
• Lindsay Corporation LNN fell 7.7% to $117.97. Stifel downgraded Lindsay from Buy to Hold and lowered the price target from $146 to $135.
• ProKidney Corp. PROK fell 7.5% to $6.44.
• AlloVir, Inc. ALVR fell 6.8% to $2.5250.
• Hovnanian Enterprises, Inc. HOV fell 6% to $109.96.
• The Aaron's Company, Inc. AAN fell 5.7% to $9.83.

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