U.S. stocks traded higher, with the Dow Jones gaining over 300 points on Monday. Here are some big stocks recording losses in today’s session.
- Ocular Therapeutix, Inc. OCUL shares jumped 33.6% to $5.17 after the company announced interim 10-month data from an ongoing U.S. Phase 1 clinical trial evaluating OTX-TKI for the treatment of wet AMD.
- Fastly, Inc. FSLY surged 25.8% to $12.44 after B of A Securities upgraded the stock from Underperform to Buy and raised its price target from $10.50 to $16.
- Pagaya Technologies Ltd. PGY rose 21% to $1.49.
- monday.com Ltd. MNDY surged 15.2% to $151.17 after the company reported better-than-expected Q4 adjusted EPS and sales results and issued Q1 and FY23 guidance.
- Diebold Nixdorf, Incorporated DBD gained 13.2% to $2.3550. Diebold Nixdorf recently reported worse-than-expected Q4 sales results.
- Teradata Corporation TDC climbed 12.3% to $38.49 after the company reported better-than-expected Q4 financial results and 2023 expected earnings.
- SelectQuote, Inc. SLQT gained 11.2% to $2.1899.
- Compass, Inc. COMP surged 10.8% to $4.10.
- Youdao, Inc. DAO rose 10.2% to $7.22.
- Gaotu Techedu Inc. GOTU gained 10.2% to $3.34 after CLSA upgraded the stock from Underperform to Outperform.
- Alteryx, Inc. AYX surged 9.2% to $68.68 after Citigroup maintained a Buy rating on the stock and raised its price target from $75 to $80.
- RLX Technology Inc. RLX rose 8.6% to $2.25.
- Knowles Corporation KN gained 8.5% to $17.46. The company recently posted in-line quarterly earnings.
- Spirit AeroSystems Holdings, Inc. SPR surged 7.2% to $37.07. Barclays maintained Spirit AeroSystems with an Overweight and raised the price target from $42 to $50.
- ProKidney Corp. PROK climbed 7.1% to $12.81.
- Baidu, Inc. BIDU gained 6.4% to $147.94.
- Millicom International Cellular S.A. TIGO jumped 6% to $19.76. Millicom International posted better-than-expected quarterly earnings on Friday.
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