Benzinga - U.S. stocks traded lower, with the Dow Jones dropping around 300 points on Tuesday. Here are some big stocks recording losses in today’s session.
- BigBear.ai Holdings, Inc. (NYSE: BBAI) shares dipped 23% to $1.63 after the company announced a $25 million private placement.
- iQIYI, Inc. (NASDAQ: IQ) dropped 14.3% to $1.63. iQIYI priced its 76.5 million ADS offering at $5.90 per ADS.
- EHang Holdings Limited (NASDAQ: EH) fell 13.6% to $14.58.
- Mullen Automotive, Inc. (NASDAQ: MULN) dropped 11.7% to $0.3156.
- ioneer Ltd (NASDAQ: IONR) declined 11.3% to $15.15. Ioneer, last week, announced finalization of a term sheet and offer of a conditional commitment for a proposed $700 million loan from the US Department of Energy.
- Rain Oncology Inc. (NASDAQ: RAIN) dropped 10.4% to $9.63.
- New Oriental Education & Technology Group Inc. (NYSE: EDU) declined 10.4% to $38.18 following weak quarterly earnings.
- Newegg Commerce, Inc. (NASDAQ: NEGG) fell 9.6% to $1.87.
- Atour Lifestyle Holdings Limited (NASDAQ: ATAT) declined 9.6% to $22.96.
- HUYA Inc. (NYSE: HUYA) fell 9.2% to $4.8785.
- Baozun Inc. (NASDAQ: BZUN) dropped 9% to $7.39.
- Scholar Rock Holding Corporation (NASDAQ: SRRK) dipped 8.9% to $10.97.
- Orla Mining Ltd. (NYSE: ORLA) fell 8.3% to $3.8990.
- Dada Nexus Limited (NYSE: DADA) dropped 7.7% to $12.92.
- XPeng Inc. (NYSE: XPEV) fell 7.4% to $9.25.
- Baidu, Inc. (NASDAQ: BIDU) declined 6.9% to $129.33. Jefferies maintained Baidu with a Buy and lowered the price target from $217 to $210.
- The Goldman Sachs Group, Inc. (NYSE: GS) dropped 6% to $351.70 following downbeat Q4 results.
- The Travelers Companies, Inc. (NYSE: TRV) fell 5.1% to $184.10. The Travelers Companies expects to report Q4 net income of $3.44 per Share.
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