Union Pacific, WD-40, Tesla And Other Big Losers From Thursday

U.S. stocks closed lower on Thursday, with the Dow Jones dropping around 90 points. Here is the list of some big stocks recording gains in the previous session.

• Telefonaktiebolaget LM Ericsson ERIC shares dipped 15.3% to close at $5.43 after the company reported mixed Q3 earnings results.
• The Allstate Corporation ALL tumbled 12.9% to close at $117.71 after the company announced estimated results for Q3'22 of a net loss between $675 million and $725 million.
• Texas Capital Bancshares, Inc. TCBI fell 11.6% to close at $56.04 following weak quarterly earnings.
• WD-40 Company WDFC dropped 11.5% to close at $151.11 after the company reported worse-than-expected Q4 EPS and sales results. The company also issued FY23 EPS guidance below analyst estimates.
• PGT Innovations, Inc. PGTI fell 10.8% to close at $19.98. Deutsche Bank maintained PGT Innovations with a Buy and lowered the price target from $38 to $29.
• Synovus Financial Corp. SNV declined 9.6% to settle at $37.36 following Q3 results.
• Sasol Limited SSL fell 9.4% to close at $15.62 after the company announced production rates at selected plants have been impacted by a Transnet employee strike.
• East West Bancorp, Inc. EWBC dropped 9.3% to close at $64.39 after the company reported worse-than-expected Q3 EPS results.
• American States Water Company AWR dipped 9.1% to settle at $78.29 after Wells Fargo downgraded the stock to Underweight.
• Nokia Oyj NOK shares fell 8.8% to close at $4.16 after reporting Q3 earnings.
• Herc Holdings Inc. HRI dropped 8.7% to close at $99.17 after the company reported worse-than-expected Q3 EPS.
• Ameresco, Inc. AMRC dipped 8.7% to close at $55.27.
• Triumph Bancorp, Inc. TBK fell 8% to close at $50.14 after the company reported worse-than-expected Q3 EPS and sales results.
• Union Pacific Corporation UNP dropped 6.8% to close at $186.45 after the company reported Q3 earnings results.
• Tesla, Inc. TSLA fell 6.7% to close at $207.28. Tesla reported better-than-expected earnings for its third quarter, while sales missed estimates. The company also reported a year over year decrease in Q3 total deliveries.
• Group 1 Automotive, Inc. GPI dropped 6.7% to close at $149.73.
• The Western Union Company WU dropped 5.7% to close at $13.44. The company said it sees FY22 adjusted EPS of $1.75-$1.85.