RH, HUYA, Bilibili And Some Other Big Stocks Moving Lower On Monday

U.S. stocks traded higher, with the Dow Jones jumping more than 200 points on Monday. Here are some big stocks recording losses in today’s session.

• Affimed N.V.. AFMD shares dipped 39.2% to $1.24 after the company announced topline data from its Phase 2 REDIRECT study of AFM13 monotherapy in patients with advanced-stage relapsed/refractory peripheral T cell lymphoma.
• Adicet Bio, Inc. ACET shares declined 37.2% to $10.85 after the company announced safety and efficacy data from its ongoing Phase 1 study of ADI-001 for the potential treatment of relapsed or refractory B-cell NHL.
• Satixfy Communications Ltd. SATX fell 23.4% to $15.15.
• Karyopharm Therapeutics Inc. KPTI declined 21% to $3.68. Karyopharm announced presentation of updated Phase 1 selinexor data in patients with treatment-naïve myelofibrosis at ASH 2022.
• HUYA Inc. HUYA dropped 16.3% to $2.9050. Shares of Chinese companies traded lower amid a pullback after gaining last week following the easing of zero-Covid restrictions.
• TAL Education Group TAL fell 16% to $5.55.
• Baozun Inc. BZUN dropped 15.3% to $4.91. Shares of Chinese companies traded lower amid a pullback after gaining last week following the easing of zero-Covid restrictions.
• DouYu International Holdings Limited DOYU fell 14.9% to $1.2850. Shares of Chinese companies traded lower amid a pullback after gaining last week following the easing of zero-Covid restrictions.
• Fate Therapeutics, Inc. FATE dropped 14.6% to $16.10. GT Biopharma and Fate Therapeutics presented preclinical data highlighting novel dual antigen targeting approach for the treatment of AML at ASH 2022.
• Dada Nexus Limited DADA dropped 14% to $6.34. Shares of Chinese companies traded lower amid a pullback after gaining last week following the easing of zero-Covid restrictions.
• Kura Oncology Inc KURA dropped 13.7% to $13.04. Kura Oncology presented updated clinical data from KOMET-001 trial of menin inhibitor ziftomenib at American Society Of Hematology Annual Meeting.
• UpHealth, Inc. UPH fell 13.5% to $2.1180.
• Lufax Holding Ltd LU declined 13.4% to $1.9909. Shares of Chinese companies traded lower amid a pullback after gaining last week following the easing of zero-Covid restrictions.
• Hello Group Inc. MOMO dropped 13.2% to $7.75.
• Bilibili Inc – ADR BILI dropped 12.2% to $22.32. Shares of Chinese companies traded lower amid a pullback after gaining last week following the easing of zero-Covid restrictions.
• Abcam PLC ABCM dropped 11.5% to $13.74.
• Erasca Inc ERAS fell 11.3% to $5.04. Erasca recently priced a 15,384,616 share offering at $6.50 per share.
• Allogene Therapeutics Inc ALLO dropped 11.3% to $7.77 after B of A Securities downgraded the stock from Buy to Underperform and announced a $9 price target.
• IQIYI Inc – ADR IQ fell 10.8% to $3.28. Shares of Chinese companies traded lower amid a pullback after gaining last week following the easing of zero-Covid restrictions.
• OneConnect Financial Technology OCFT dropped 10.1% to $6.96.
• RH RH fell 8.1% to $252.15 after Goldman Sachs downgraded the stock from Neutral to Sell.
• Community Health Systems Inc CYH dipped 7.8% to $3.30.
• Tencent Music Entertainment Group – ADR TME fell 6.5% to $7.66. Shares of Chinese companies traded lower amid a pullback after gaining last week following the easing of zero-Covid restrictions.

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