Coinbase, Riot Platforms, Marathon Digital And Other Big Stocks Moving Lower On Monday

U.S. stocks traded mostly mixed, with the Dow Jones index gaining more than 100 points on Monday.

Here are some other big stocks recording losses in today’s session.

• Cogent Biosciences, Inc. COGT shares tumbled 52.7% to $4.0803 after the company reported initial data from its ongoing Phase 2 SUMMIT trial and data from Part 1 of its ongoing Phase 2 APEX clinical at ASH 2023.
• Biomea Fusion, Inc. BMEA shares dipped 32.2% to $11.40 after the company announced it presented data for BMF-219 in relapsed / refractory AML patients with menin-dependent mutations at the ASH 2023 Annual Meeting.
• XBP Europe Holdings, Inc. XBP fell 25% to $12.00.
• Keros Therapeutics, Inc. KROS declined 15% to $30.13. Keros Therapeutics showcased Phase 2 trials on blood disorders at ASH 2023.
• CleanSpark, Inc. CLSK declined 13.2% to $8.98 amid a pullback in the price of Bitcoin.
• Xponential Fitness, Inc. XPOF fell 12% to $ 9.33.
• Gildan Activewear Inc. GIL fell 11.9% to $32.17. Gildan Activewear said Glenn J. Chamandy has left his position as President, CEO and Director.
• HIVE Digital Technologies Ltd. HIVE fell 10.6% to $3.7550 amid a pullback in the price of Bitcoin.
• Tellurian Inc. TELL dipped 10.5% to $0.6691. The company’s board named former General Counsel Daniel Belhumeur as President of Tellurian, and former Deputy General Counsel Meredith Mouer as General Counsel and Chief Compliance Officer of Tellurian.
• Riot Platforms, Inc. RIOT fell 10.5% to $14.16 amid a pullback in the price of Bitcoin.
• SmartRent, Inc. SMRT declined 10% to $3.0052.
• Marathon Digital Holdings, Inc. MARA dipped 9.9% to $15.12 amid a pullback in the price of Bitcoin.
• Apellis Pharmaceuticals, Inc. APLS fell 9.2% to $56.96. Apellis said EMPAVELI (Pegcetacoplan) provided long-term control of PNH in new data presented at ASH Annual Meeting.
• Zai Lab Limited ZLAB declined 6.8% to $25.40.
• RingCentral, Inc. RNG fell 5.7% to $32.17. RingCentral announced return of Vlad Shmunis as CEO.
• DISH Network Corporation DISH fell 5.4% to $4.3250.
• Coinbase Global, Inc. COIN fell 4.3% to $140.39 a pullback in the price of Bitcoin BTC/USD.

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