Rogers, Airbnb, Herbalife And Some Other Big Stocks Moving Lower On Wednesday

U.S. stocks traded lower, with the Nasdaq Composite dropping more than 100 points on Wednesday. Here are some big stocks recording losses in today’s session.

• Rogers Corporation ROG shares tumbled 44.2% to $128.18 after Dupont announced it is terminating its intended acquisition of the company.
• Tupperware Brands Corporation TUP dropped 43.2% to $4.39 after the company reported worse-than-expected Q3 results. The company said inability to maintain compliance with covenants in its credit agreement raises substantial doubt about its ability to continue as a going concern.
• Enovix Corporation ENVX declined 42.2% to $10.39 after the company reported worse-than-expected Q3 EPS.
• Resideo Technologies, Inc. REZI fell 30.2% to $16.31 after the company reported worse-than-expected Q3 EPS and sales results.
• Omnicell, Inc. OMCL dropped 24.6% to $57.60 after the company reported worse-than-expected Q3 sales results and issued Q4 and FY22 EPS and sales guidance below estimates.
• ZoomInfo Technologies Inc. ZI dropped 22.2% to $33.83 as the company posted upbeat Q3 earnings, but lowered its free-cash flow outlook.
• Computer Programs and Systems, Inc. CPSI fell 18.4% to $26.17 following downbeat earnings.
• Global Industrial Company GIC dropped 18.1% to $25.46 following weak quarterly earnings.
• TravelCenters of America Inc. TA dropped 17.7% to $52.53 after the company reported worse-than-expected Q3 EPS.
• Donnelley Financial Solutions, Inc. DFIN fell 17.3% to $34.33 following downbeat earnings.
• Avient Corporation AVNT dropped 17% to $29.08 after the company reported worse-than-expected Q3 sales results and cut its FY22 EPS guidance below analyst estimates.
• Regional Management Corp. RM dropped 16.3% to $28.88 following Q3 results.
• Materion Corporation MTRN fell 15.2% to $72.86 following weak quarterly earnings.
• Kaman Corporation KAMN fell 13.8% to $27.81 following downbeat quarterly results.
• RXO Inc RXO fell 13.6% to $16.48.
• Skyline Champion Corporation SKY dropped 13.5% to $49.00 after the company reported Q2 financial results.
• ATI Inc. ATI fell 12.6% to $27.17 after the company reported Q3 financial results.
• Xenia Hotels & Resorts, Inc. XHR dropped 12.1% to $15.03 following Q3 results.
• Entegris, Inc. ENTG fell 11.7% to $70.99 after the company reported worse-than-expected Q3 EPS and sales results and issued Q4 EPS and sales guidance below estimates.
• Paramount Global PARA dipped 11.3% to $17.00 after the company reported worse-than-expected Q3 EPS and sales results.
• ACI Worldwide, Inc. ACIW dropped 10.4% to $22.07 after the company reported worse-than-expected Q3 sales results.
• Jones Lang LaSalle Incorporated JLL dropped 10.4% to $144.99 after the company reported worse-than-expected Q3 EPS results.
• Extra Space Storage Inc. EXR declined 10% to $160.04 following Q3 results.
• Confluent, Inc. CFLT dropped 9.3% to $23.34.
• Airbnb, Inc. ABNB fell 9% to $99.25 following Q3 results. The company said it expects nights and experiences booked growth will moderate slightly relative to Q3 and Average Daily Rates will face pressures from forex headwinds and business mix.
• Sprout Social, Inc. SPT fell 8.3% to $51.37.
• Herbalife Nutrition Ltd. HLF dropped 8.3% to $19.17 after the company reported a year-over-year decline in Q3 revenues.
• Atlassian Corporation TEAM fell 8.1% to $176.26.
• Asana, Inc. ASAN dropped 7.5% to $18.89. Asana is expected to announce Q3 financial results on Thursday, December 1, 2022.
• Public Storage PSA fell 6.8% to $286.79 after the company reported worse-than-expected Q3 sales results.