PagerDuty, John Wiley & Sons, Ventyx Biosciences And Other Big Stocks Moving Lower On Tuesday

Zinger Key Points
  • PagerDuty announced a proposed private placement of $350 million of convertible senior notes.
  • Wiley reported the departure of its CEO, and the appointment of an interim CEO.
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U.S. stocks traded higher, with the Dow Jones gaining around 150 points on Tuesday. Here are some big stocks recording losses in today’s session.

  • Akero Therapeutics, Inc. AKRO shares dipped 63.9% to $17.52 after the company reported a 36-week analysis of its Phase 2b SYMMETRY study evaluating the efficacy and safety of its lead product candidate, efruxifermin.
  • 89bio, Inc. ETNB tumbled 37.7% to $9.68.
  • Ventyx Biosciences, Inc. VTYX fell 22.1% to $23.38 after the company announced results from the Phase 2 trial of VTX002 in patients with moderate-to-severely active ulcerative colitis.
  • John Wiley & Sons, Inc. WLY shares dipped 10.4% to $31.02. Wiley reported the departure of Brian Napack as President and CEO, and the appointment of Matthew Kissner as Interim CEO, effective immediately.
  • Groupon, Inc. GRPN declined 9% to $13.83.
  • Uranium Royalty Corp. UROY fell 7.1% to $2.91.
  • WK Kellogg Co KLG fell 6.6% to $10.69.
  • Neumora Therapeutics, Inc. NMRA declined 6% to $11.23. Neumora reported the appointment of Robert Lenz, M.D., Ph.D., as executive vice president, head of research and development.
  • SunCar Technology Group Inc. SDA fell 5.7% to $9.56.
  • Genelux Corporation GNLX fell 5.7% to $22.43.
  • PagerDuty, Inc. PD shares fell 3.7% to $21.03 after the company announced a proposed private placement of $350 million of convertible senior notes.

Now Read This: US Stocks Gain; PepsiCo Posts Upbeat Earnings

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