AstraZeneca, ECARX Holdings And Other Big Stocks Moving Lower On Monday

U.S. stocks traded mixed, with the Dow Jones dropping around 30 points on Monday. Here are some big stocks recording losses in today’s session.

Protagonist Therapeutics, Inc. PTGX shares dipped 36.4% to $17.60.
TOP Financial Group Limited TOP shares dropped 12.4% to $8.23. TOP Financial shares gained over 20% on Friday after the company reported FY23 financial results.
Icosavax, Inc. ICVX fell 9.8% to $8.96.
Astrotech Corporation ASTC dropped 9.4% to $12.85.
Rackspace Technology, Inc. RXT fell 8.5% to $2.49.
Avadel Pharmaceuticals plc AVDL dropped 7.8% to $15.18.
AstraZeneca PLC AZN fell 7.4% to $66.30 as the company reported high-level results from the TROPION-Lung01 Phase 3 trial of datopotamab deruxtecan (Dato-DXd) in patients with locally advanced or metastatic non-small cell lung cancer (NSCLC) treated with at least one prior therapy.
GDEV Inc. GDEV dropped 7% to $5.87.
ECARX Holdings Inc. ECX fell 6.6% to $6.50. ECARX Holdings announced its intention to increase its investment and take a controlling stake in JICA Intelligent Robotics Co., Ltd.
MediaAlpha, Inc. MAX dropped 6.1% to $9.69. MediaAlpha 10% owner WM Hinson Bermuda Ltd acquired a total of 5,916,816 shares an average price of $10.00.
Smith & Nephew plc SNN fell 5.6% to $30.44.
BlackBerry Limited BB dropped 4.3% to $5.30. BlackBerry recently reported better-than-expected first-quarter results.