Flowers Foods, EverCommerce, And Some Other Big Stocks Moving Lower On Friday

U.S. stocks traded mixed, with the Nasdaq gaining more than 100 points on Friday. Here are some big stocks recording losses in today’s session.

• Expensify, Inc. EXFY dropped 19.2% to $10.46 after the company reported worse-than-expected Q3 EPS and sales results.
• Ryan Specialty Holdings, Inc. RYAN dropped 17.3% to $36.77 after the company reported worse-than-expected Q3 results. Multiple analysts lowered their price targets on the stock following the report.
• Algonquin Power & Utilities Corp. AQN fell 17.1% to $9.54 after the company reported worse-than-expected Q3 EPS.
• Regencell Bioscience Holdings Limited RGC dipped 16.4% to $23.13
• Tattooed Chef, Inc. TTCF fell 14.6% to $3.7550 after the company lowered its FY22 sales guidance below analyst estimates.
• EverCommerce Inc. EVCM dropped 13.9% to $7.14 after the company reported worse-than-expected Q3 results. Several analysts lowered their price targets on the stock following the report.
• Duolingo, Inc. DUOL fell 13.4% to $73.41 after the company issued Q4 revenue guidance with a midpoint below estimates.
• Satixfy Communications Ltd. SATX dipped 12.3% to $10.16.
• Karat Packaging Inc. KRT fell 11.7% to $14.29 following Q3 results.
• Prenetics Global Limited PRE dropped 9.9% to $2.81.
• Cigna Corporation CI fell 9.6% to $292.36.
• Sonder Holdings Inc. SOND fell 9.1% to $2.0450. JMP Securities maintained Sonder Holdings with a Market Outperform and lowered the price target from $3.5 to $3.25.
• Flowers Foods, Inc. FLO dipped 7.7% to $27.14 following Q3 results.
• McKesson Corporation MCK fell 7.4% to $342.76. McKesson recently raised its FY23 EPS guidance above analyst estimates.