U.S. stocks closed higher on Friday, with the Dow Jones gaining more than 400 points. Here is the list of some big stocks moving lower in the previous session.
- CS Disco, Inc. (NYSE:LAW) shares fell 53.6% to close at $13.43 after the company reported Q2 earnings and issued weak Q3 guidance.
- Olo Inc. (NYSE:OLO) shares fell 36.4% to close at $8.26 after the company reported Q2 results and issued FY22 guidance below consensus estimates.
- Co-Diagnostics, Inc. (NASDAQ:CODX) shares fell 30.7% to close at $4.48 after the company reported downbeat results for its second quarter on Thursday.
- ForgeRock, Inc. (NYSE:FORG) declined 21.1% to close at $17.55 after the company issued Q3 adjusted EPS and sales guidance below estimates.
- WeTrade Group, Inc. (NASDAQ:WETG) fell 20.2% to settle at $11.23. WeTrade Group forged an agreement with Parkway Medical Limited to sell monkeypox virus test kits and antigen tests for $50 million.
- Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSE) declined 13.9% to settle at $12.21 after the company reported wider quarterly loss.
- Certara, Inc. (NASDAQ:CERT) fell 13% to close at $17.56 after the company announced a secondary offering of 7 million shares of common stock.
- Expensify, Inc. (NASDAQ:EXFY) fell 11.7% to close at $21.46 following weak Q2 sales.
- AMTD Digital Inc. (NYSE:HKD) dropped 10.2% to close at $192.27 following the stock's recent surge.
- Mister Car Wash, Inc. (NYSE:MCW) fell 10.1% to settle at $10.79 after the company reported worse-than-expected Q2 results and lowered FY22 guidance.
- Natura &Co Holding S.A. (NYSE:NTCO) dipped 9.1% to close at $5.62 as the company reported a wider-than-expected quarterly loss.
- Snap One Holdings Corp. (NASDAQ:SNPO) fell 8.6% to close at $11.43 after reporting a Q2 loss.
- Poshmark, Inc. (NASDAQ:POSH) dropped 8.4% to close at $11.80 after the company reported worse-than-expected Q2 EPS results and issued Q3 sales guidance below estimates.
- Illumina, Inc. (NASDAQ:ILMN) fell 8.4% to close at $208.32 after the company reported worse-than-expected results for its second quarter and issued weak full-year 2022 guidance.
- Full Truck Alliance Co. Ltd. (NYSE:YMM) dropped 8% to close at $7.53.
- Lufax Holding Ltd (NYSE:LU) fell 6.5% to settle at $4.00. Lufax recently said Q2 EPS and sales results were down year over year.
- Intra-Cellular Therapies, Inc. (NASDAQ:ITCI) dropped 6.1% to close at $53.57. Intra-Cellular Therapies recently posted a Q2 loss of $0.92 per share.