U.S. stocks traded lower, with the Dow Jones jumping around 70 points on Friday. Here are some big stocks recording losses in today’s session.

• Meta Materials Inc. MMAT shares tumbled 24.6% to $1.3799. Meta Materials recently announced FINRA has processed and announced the corporate action of exchanging META's Series A Preferred shares for shares of common stock of Next Bridge Hydrocarbons on its daily list.
• Erasca, Inc. ERAS declined 17.6% to $6.03 after the company priced a 15,384,616 share offering at $6.50 per share.
• Pharvaris N.V. PHVS shares dropped 14.2% to $9.83. Pharvaris shares jumped 339% on Thursday after the company reported top-line Phase 2 data from the RAPIDe-1 study of PHVS416 for the on-demand treatment of HAE attacks.
• Torrid Holdings Inc. CURV fell 13.1% to $3.7099 after the company reported worse-than-expected Q3 EPS and sales results and issued Q4 2022 and FY22 revenue guidance below estimates.
• Lululemon Athletica Inc. LULU tumbled 12.3% to $328.35. Lululemon posted upbeat results for its third quarter, but issued weak holiday-quarter guidance.
• Li Auto Inc. LI fell 9.1% to $21.91 after the company reported worse-than-expected Q3 EPS and sales results.
• The Hackett Group, Inc. HCKT dropped 8% to $21.41 following weak quarterly sales. The Hackett Group commenced $120 million Dutch auction tender offer.
• VAALCO Energy, Inc. EGY fell 7.9% to $4.3650.
• Lyell Immunopharma, Inc. LYEL dropped 7.7% to $3.59.
• Beyond Meat, Inc. BYND declined 7.7% to $14.88. Argus Research downgraded Beyond Meat from Hold to Sell.
• GH Research PLC GHRS fell 7.4% to $10.34.
• Liquidity Services, Inc. LQDT dropped 7% to $13.19. Liquidity Services reported fourth-quarter FY22 sales growth of 7% year-on-year to $75.20 million, beating the consensus of $72.88 million.
• Lucid Group, Inc. LCID fell 5.7% to $8.18.

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