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

Shares of Aspen Aerogels, Inc. 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.

• Office Properties Income Trust OPI shares tumbled 36% to $3.9650 after the company reduced its quarterly dividend to $0.01 per share.
• Richardson Electronics, Ltd. RELL dipped 20.7% to $9.91 after the company posted weaker-than-expected results for its second quarter.
• Sana Biotechnology, Inc. SANA declined 15.8% to $6.04.
• GigaCloud Technology Inc. GCT fell 15.7% to $18.29.
• Applied Optoelectronics, Inc. AAOI fell 15.2% to $18.32.
• E2open Parent Holdings, Inc. ETWO dropped 14.8% to $3.55.
• MoneyLion Inc. ML fell 12.8% to $51.76.
• Pacific Biosciences of California, Inc. PACB fell 9.5% to $7.20. PacBio recently announced preliminary Q4 and FY23 revenue results.
• Roadzen, Inc. RDZN shares declined 9.1% to $4.52 after jumping 9% on Wednesday. Roadzen recently appointed Jean-Noël Gallardo as CFO.
• Plug Power Inc. PLUG fell 8.4% to $3.69. Susquehanna analyst Biju Perincheril downgraded Plug Power from Positive to Neutral.
• SunPower Corporation SPWR dipped 8.3% to $3.5650. Susquehanna analyst Biju Perincheril downgraded SunPower from Positive to Neutral and announced a $4 price target.
• Amarin Corporation plc AMRN fell 8.1% to $1.1850.
• Upstart Holdings, Inc. UPST declined 7.2% to $33.00. Upstart CFO Sanjay Datta sold a total of 1,000 shares at an average price of $34.14.
• Weibo Corporation WB fell 7.2% to $8.86. B of A Securities analyst Miranda Zhuang downgraded Weibo from Buy to Underperform and announced a $10 price target.
• Cytokinetics, Incorporated CYTK declined 6.7% to $94.83.
• C3.ai, Inc. AI fell 6.2% to $26.76.
• Hertz Global Holdings, Inc. HTZ fell 6.1% to $8.78.
• Unity Software Inc. U fell 6% to $34.90.

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