Skyline Champion, Atea Pharmaceuticals And Other Big Stocks Moving Lower On Tuesday

U.S. stocks traded mixed, with the Dow Jones dropping over 100 points on Tuesday. Here are some big stocks recording losses in today’s session.

  • Atea Pharmaceuticals, Inc. AVIR shares fell 10.6% to $4.18. Atea Pharmaceuticals' board unanimously rejected unsolicited proposal from Tang Capital Partners' Affiliate, Concentra Biosciences.
  • HUTCHMED (China) Limited HCM shares tumbled 9.9% to $12.06.
  • Sana Biotechnology, Inc. SANA fell 9% to $5.72.
  • Lexicon Pharmaceuticals, Inc. LXRX shares fell 8.3% to $2.9150. Lexicon Pharmaceuticals reported the FDA approval of INPEFA for the treatment of heart failure..
  • U.S. Silica Holdings, Inc. SLCA dropped 8.3% to $11.32.
  • Weibo Corporation WB dipped 8.2% to $14.03.
  • Skyline Champion Corporation SKY declined 7.6% to $59.61 after the company reported mixed Q4 financial results.
  • RLX Technology Inc. RLX fell 7.2% to $1.8750. RLX Technology recently reported a year-over-year decrease in first-quarter adjusted EPADS and sales results.
  • Genie Energy Ltd. GNE dropped 7.1% to $14.48.
  • Comerica Incorporated CMA dropped 6.8% to $36.34.
  • Carrols Restaurant Group, Inc. TAST fell 6.8% to $5.17.
  • Marvell Technology, Inc. MRVL fell 4.1% to $62.92. Marvell Technology EVP, Chief Operations Officer Chris Koopmans sold a total of 8,000 shares at an average price of $48.96. The company’s EVP, Storage Products Group Dan Christman also sold 53,732 shares of the company.

 

Read More: Nasdaq Tops 13,000; US House Prices Drop In March

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