Harmony Biosciences, Futu Holdings, iHeartMedia And Other Big Stocks Moving Lower On Tuesday

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

• Harmony Biosciences Holdings, Inc. HRMY dropped 26.4% to $30.53 after Scorpion Capital issued a short report on the company.
• iHeartMedia, Inc. IHRT tumbled 11.6% to $3.79. B of A Securities downgraded iHeartMedia from Neutral to Underperform and lowered the price target from $6.5 to $4.
• Puyi Inc. PUYI declined 11.2% to $5.77.
• Futu Holdings Limited FUTU fell 7.2% to $45.77 following Q4 results.
• Amprius Technologies, Inc. AMPX dropped 6.5% to $7.01. Amprius Technologies recently posted downbeat quarterly results.
• Navitas Semiconductor Corporation NVTS shares declined 6.4% to $6.43.
• Twist Bioscience Corporation TWST fell 6.2% to $15.27.
• Doximity, Inc. DOCS dropped 5.8% to $30.87. Doximity recently issued Q4 and FY23 revenue guidance below estimates.
• Invesco Mortgage Capital Inc. IVR dropped 5% to $10.64 after the company announced a cash dividend of $0.40 per share of common stock for the first quarter and issued an update on estimated results of operations, portfolio, liquidity and book value.
• Super Micro Computer, Inc. SMCI fell 4.6% to $105.74.
• Snap Inc. SNAP dropped 4.3% to $11.22.

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