Chegg, Perdoceo Education And Other Big Stocks Moving Lower On Monday

U.S. stocks traded higher, with the Dow Jones gaining over 50 points on Monday.

Here are some big stocks recording losses in today’s session.

• Yatsen Holding Limited YSG shares tumbled 24.2% to $0.6559. Yatsen Holding is expected to release its unaudited financial results for the third quarter on Nov. 21, 2023.
• Syntec Optics Holdings, Inc. OPTX fell 11.3% to $7.95. OptimizeRx recently issued strong FY23 guidance.
• reAlpha Tech Corp. AIRE shares dipped 10.5% to $8.40. ReAlpha Tech filed a prospectus for the offering of up to 1.67 million common units at a price of $12 per unit.
• Korro Bio, Inc. KRRO fell 8.9% to $35.51.
• Genelux Corporation GNLX fell 8.7% to $10.83.
• Chegg, Inc. CHGG shares declined 8.2% to $9.60. Morgan Stanley downgraded Chegg from Equal-Weight to Underweight and lowered the price target from $10 to $9.
• Perdoceo Education Corporation PRDO fell 6.3% to $16.96. Perdoceo Education announced leadership changes, appointing Todd Nelson as President and Chief Executive Officer.
• Nikola Corporation NKLA fell 5.6% to $0.9814.
• International Paper Company IP declined 3.7% to $32.13.
• Honda Motor Co., Ltd. HMC declined 3.6% to $31.41.
• Toyota Motor Corporation TM fell 3.3% to $186.95.
• Tyra Biosciences, Inc. TYRA fell 3.2% to $11.05.

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