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AMC Entertainment, Pharvaris And Some Other Big Stocks Moving Lower On Monday

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AMC Entertainment, Pharvaris And Some Other Big Stocks Moving Lower On Monday

 

  • AMC Entertainment Holdings, Inc. (NYSE: AMC) fell 37.1% to $11.34 as the company's APE preferred shares begin trading on the New York Stock Exchange. The preferred shares were issued to all common stockholders. The stock may also be down after cinema chain Cineworld said it may file for Chapter 11 bankruptcy.
  • Pharvaris N.V. (NASDAQ: PHVS) fell 26.6% to $13.52. The FDA placed a clinical hold on the company's trial of PHA121 for the treatment of hereditary angioedema attacks.
  • Golden Sun Education Group Limited (NASDAQ: GSUN) fell 20.4% to $40.46 after dropping 23% on Friday.
  • Amarin Corporation plc (NASDAQ: AMRN) dropped 17% to $1.3050.
  • Burning Rock Biotech Limited (NASDAQ: BNR) dipped 14.7% to $3.00.
  • Cyxtera Technologies, Inc. (NASDAQ: CYXT) declined 13.1% to $8.00. Cyxtera Technologies recently posted a Q2 loss of $0.27 per share.
  • Tritium DCFC Limited (NASDAQ: DCFC) fell 11.2% to $6.29.
  • Magic Empire Global Limited (NASDAQ: MEGL) fell 10.7% to $11.60. Shares of several banks and financial services companies traded lower amid overall market weakness as market participants prepare for the Federal Reserve's Jackson Hole symposium on Friday.
  • Canopy Growth Corporation (NASDAQ: CGC) dropped 10.7% to $3.4050.
  • Carvana Co. (NYSE: CVNA) fell 10.6% to $37.78.
  • Symbotic Inc. (NASDAQ: SYM) dipped 10.5% to $12.92. Shares of several companies in the broader industrials space traded lower amid overall market weakness as investors anticipate the Federal Reserve's Jackson Hole Symposium on Friday.
  • Asana, Inc. (NYSE: ASAN) dropped 10.3% to $19.70. Shares of software and IT companies traded lower as growth stocks sell off on Fed rate hike fears, which has driven a risk-off sentiment.
  • UserTesting, Inc. (NYSE: USER) declined 9.9% to $4.3094.
  • Bed Bath & Beyond Inc. (NASDAQ: BBBY) dropped 9.6% to $9.97. An amended 13D filing recently showed Ryan Cohen has a 0% stake in the company.
  • ADC Therapeutics SA (NYSE: ADCT) fell 9.4% to $7.63. HC Wainwright & Co. maintained ADC Therapeutics with a Buy and lowered the price target from $44 to $20.
  • Montauk Renewables, Inc. (NASDAQ: MNTK) dropped 9% to $16.03. Montauk Renewables recently reported better-than-expected Q2 sales results.
  • SoundHound AI, Inc. (NASDAQ: SOUN) fell 8.1% to $2.97.
  • LendingTree, Inc. (NASDAQ: TREE) dipped 7.8% to $34.86.
  • Nikola Corporation (NASDAQ: NKLA) fell 7.5% to $5.55.
  • GameStop Corp. (NYSE: GME) fell 6.1% to $34.28 after dropping around 4% on Friday.
  • StoneCo Ltd. (NASDAQ: STNE) fell 5.4% to $8.57. StoneCo shares dropped 22% on Friday after the company reported Q2 earnings results.
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