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Avidity Biosciences, Kronos Worldwide And Some Other Big Stocks Moving Lower On Tuesday

Benzinga Real-time News ·  Sep 27, 2022 13:14

U.S. stocks traded lower, with the Dow Jones dropping around 180 points on Tuesday. Here are some big stocks recording losses in today's session.

  • Eve Holding, Inc. (NYSE:EVEX) shares tumbled 18% to $10.08. BLADE India signed non-binding order for up to 200 eVTOL vehicles from Eve Air Mobility.
  • Avidity Biosciences, Inc. (NASDAQ:RNA) shares dropped 14.9% to $15.95. The FDA has placed a partial clinical hold on new participant enrollment in Avidity Biosciences' Phase 1/2 MARINA trial of AOC 1001 in adults with myotonic dystrophy type 1 (DM1).
  • FaZe Holdings Inc. (NASDAQ:FAZE) fell 14.2% to $12.66.
  • Provident Financial Services, Inc. (NYSE:PFS) declined 12.5% to $20.27. Provident Financial Services and Lakeland Bancorp to merge in an all-stock transaction.
  • 374Water, Inc. (NASDAQ:SCWO) fell 12.1% to $3.03.
  • Golden Sun Education Group Limited (NASDAQ:GSUN) dropped 11.6% to $36.00.
  • Kronos Worldwide, Inc. (NYSE:KRO) fell 11.2% to $9.48. Barclays maintained Kronos Worldwide with an Underweight and lowered the price target from $15 to $8.
  • Ocular Therapeutix, Inc. (NASDAQ:OCUL) dropped 10.5% to $4.7250. Ocular Therapeutix announced interim 7-month data from its U.S. Phase 1 trial evaluating OTX-TKI for wet age-related macular degeneration (wet AMD) and other retinal diseases.
  • Dyne Therapeutics, Inc. (NYSE:DYN) fell 9.8% to $12.06.
  • Exicure, Inc. (NASDAQ:XCUR) dropped 9.4% to $1.5388 as the company announced plans to cut its workforce by around 66% and also reported a $5.4 million private placement transaction with CBI, USA. The company also said it will seek the asset divestiture of its SCN9A program.
  • Vipshop Holdings Limited (NYSE:VIPS) declined 9.2% to $8.45.
  • AMTD Digital Inc. (NYSE:HKD) shares fell 8.9% to $59.22.
  • Universal Insurance Holdings, Inc. (NYSE:UVE) dropped 8.1% to $9.43.
  • Studio City International Holdings Limited (NYSE:MSC) fell 6.9% to $2.28.
  • BGC Partners, Inc. (NASDAQ:BGCP) fell 6.6% to $3.28.
  • Deutsche Bank Aktiengesellschaft (NYSE:DB) dropped 5.6% to $7.66.
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