Embark Technology, Inc. (NASDAQ: EMBK) fell 25.1% to $12.40. Embark Technology reported the completion of reverse stock split.
Blueprint Medicines Corporation (NASDAQ: BPMC) fell 22.5% to $53.11 after the company announced top-line results from the registrational Part 2 of the PIONEER clinical trial of AYVAKIT in patients with non-advanced systemic mastocytosis.
Enovix Corporation (NASDAQ: ENVX) dipped 15% to $21.20.
Krispy Kreme, Inc. (NASDAQ: DNUT) fell 14.6% to $12.39 after the company reported worse-than-expected Q2 EPS and sales results and issued FY22 adjusted EPS and sales guidance below estimates.
Membership Collective Group Inc. (NYSE: MCG) dropped 14.6% to $6.98 after the company lowered FY22 sales forecast.
The Children's Place, Inc. (NASDAQ: PLCE) fell 14.2% to $47.15 after the company reported a year-over-year drop in Q2 sales.
Arvinas, Inc. (NASDAQ: ARVN) fell 13.8% to $45.19.
Farfetch Limited (NYSE: FTCH) dipped 10.7% to $8.92.
Opendoor Technologies Inc. (NASDAQ: OPEN) declined 9.7% to $5.13.
Teva Pharmaceutical Industries Limited (NASDAQ: TEVA) dropped 9.6% to $9.98.
ZipRecruiter, Inc. (NYSE: ZIP) fell 9.6% to $17.93.
Sea Limited (NYSE: SE) fell 9.3% to $70.17. Stifel and Citigroup lowered their price targets on the stock.
Carvana Co. (NASDAQ: CVNA) dropped 9% to $49.64. Shares of several companies in the retail & apparel sector traded lower in sympathy with Target, which reported worse-than-expected Q2 sales results in their earnings.
Upstart Holdings, Inc. (NASDAQ: UPST) fell 9% to $32.99.
WeWork Inc. (NYSE: WE) fell 8.9% to $5.24.
LegalZoom.com, Inc. (NASDAQ: LZ) fell 8.6% to $11.27.
Opendoor Technologies Inc. (NASDAQ: OPEN) fell 8.4% to $5.20.
Novavax, Inc. (NASDAQ: NVAX) declined 7.8% to $39.53. Novavax Nuvaxovid COVID-19 vaccine was granted expanded provisional approval in New Zealand as a first and second booster for adults.
Sanofi (NASDAQ: SNY) fell 7.6% to $41.42 after the company announced it is discontinuing the global clinical development program of amcenestrant following the recommendation of an Independent Data Monitoring Committee.
Teladoc Health, Inc. (NYSE: TDOC) declined 7.4% to $36.52 after Guggenheim downgraded the stock from Neutral to Sell and announced a $25 price target.
Snap Inc. (NYSE: SNAP) dropped 7.1% to $11.72.
Lyft, Inc. (NASDAQ: LYFT) declined 7% to $18.00.
Zoom Video Communications, Inc. (NASDAQ: ZM) fell 6.3% to $102.35. Shares of software companies traded lower amid a rise in treasury yields, which weighed on growth stocks.
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