Sherwin-Williams, Kraft Heinz And Some Other Big Stocks Moving Lower On Wednesday

Cassava Sciences, Inc. SAVA fell 19.8% to $17.45. The U.S. Justice Department has opened a criminal investigation into Cassava Sciences on whether it manipulated research results for its investigational Alzheimer's drug, Reuters reported citing two people familiar with the inquiry.
Turning Point Brands, Inc. TPB fell 18.2% to $24.42 after the company released financial results for the second quarter ended June 30, 2022, revealing net sales decreased 16.1%, compared to Q2 2021 to $102.9 million.
Tenable Holdings, Inc. TENB declined 16.5% to $37.43 after the company reported financial results and issued top-line guidance below analyst estimates.
AMTD IDEA Group AMTD dipped 14.4% to $1.5150.
Zurn Elkay Water Solutions Corporation ZWS dropped 11.7% to $27.93 following the company's Q2 financial results.
Agilysys, Inc. AGYS dropped 11.4% to $45.67 after the company reported Q1 earnings results.
The Sherwin-Williams Company SHW dipped 11.2% to $225.85 after the company reported worse-than-expected Q2 EPS and sales results and lowered FY22 adjusted EPS guidance below estimates.
Travelzoo TZOO fell 11.1% to $5.84 following downbeat Q2 results.
MINISO Group Holding Limited MNSO dipped 9.6% to $5.54. Blue Orca Capital recently issued a short report on the stock.
Hawaiian Holdings, Inc. HA dropped 8.4% to $13.74 after the company reported worse-than-expected Q2 EPS results.
Garmin Ltd. GRMN fell 8.3% to $94.03 after the company reported worse-than-expected Q2 sales results and issued FY22 EPS and sales guidance below analyst estimates.
Qualys, Inc. QLYS dropped 7.4% to $116.14.
Teledyne Technologies Incorporated TDY fell 7.4% to $370.35 as the company reported second-quarter FY22 sales growth of 20.9% year-over-year to $1.36 billion, +8.2% on an organic basis, in line with the consensus of $1.36 billion. The company expects FY22 GAAP EPS of $15.13 - $15.45 (prior expectations $15.34 - $15.66).
The Kraft Heinz Company KHC fell 6.6% to $36.09 after the company reported Q2 financial results.
AXIS Capital Holdings Limited AXS fell 4.3% to $51.67 following Q2 results.

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