Aspen Aerogels Issues Business Update, Joins Plug Power, SunPower And Other Big Stocks Moving Lower On Thursday

U.S. stocks traded lower, with the Dow Jones index falling over 150 points on Thursday.

Shares of Aspen Aerogels, Inc. (NYSE:ASPN) fell sharply during Thursday’s session after the company issued a business update.

Aspen Aerogels clocked preliminary fourth-quarter revenue of $84 million. The company sees FY24 baseline revenue of $350 million with upside potential as EV production accelerates.

Aspen Aerogels shares dipped 12.2% to $12.61 on Thursday.

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

 

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