Benzinga - U.S. stocks traded lower, with the Nasdaq Composite dropping over 100 points on Monday. Here are some big stocks recording losses in today’s session.
- FiscalNote Holdings, Inc. (NYSE: NOTE) dipped 26.2% to $3.73. FiscalNote acquired geopolitical data and security intelligence company, Dragonfly.
- Orchestra BioMed Holdings, Inc. (NASDAQ: OBIO) dropped 16.6% to $9.59.
- Icosavax, Inc. (NASDAQ: ICVX) dropped 16% to $9.67.
- Dada Nexus Limited (NASDAQ: DADA) dropped 14.7% to $12.94. Shares of several Chinese stocks traded lower amid the reopening of Chinese financial markets following the Lunar New Year holiday.
- EHang Holdings Limited (NASDAQ: EH) fell 11.6% to $12.61.
- BuzzFeed, Inc. (NASDAQ: BZFD) dropped 11.6% to $3.4181 after jumping over 85% on Friday. The company recently said it would use ChatGPT to help create content.
- GDS Holdings Limited (NASDAQ: GDS) dropped 11.6% to $23.31.
- HomeStreet, Inc. (NASDAQ: HMST) declined 11.3% to $26.00 following downbeat Q4 results.
- HUTCHMED (China) Limited (NYSE: HCM) dropped 11% to $17.68. Hutchmed recently licensed its Fruquintinib for commercialization outside of China to Takeda for $400M.
- TPI Composites, Inc. (NASDAQ: TPIC) fell 11% to $12.34.
- Abcam plc (NASDAQ: ABCM) fell 10.2% to $14.75.
- I-Mab (NASDAQ: IMAB) fell 10% to $6.12.
- Youdao, Inc. (NYSE: DAO) declined 9.9% to $7.13.
- Bilibili Inc. (NASDAQ: BILI) dropped 9.6% to $25.11. Shares of several Chinese stocks traded lower amid the reopening of Chinese financial markets following the Lunar New Year holiday.
- Stitch Fix, Inc. (NASDAQ: SFIX) dropped 9.1% to $4.49.
- TDCX Inc. (NASDAQ: TDCX) fell 8.9% to $12.97.
- Repligen Corporation (NASDAQ: RGEN) dropped 7.6% to $180.29.
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