Dada Nexus, Bilibili And Other Big Stocks Moving Lower On Monday

U.S. stocks traded lower, with the Nasdaq Composite dropping over 100 points on Monday. Here are some big stocks recording losses in today’s session.

  • FiscalNote Holdings, Inc. NOTE dipped 26.2% to $3.73. FiscalNote acquired geopolitical data and security intelligence company, Dragonfly.
  • Orchestra BioMed Holdings, Inc. OBIO dropped 16.6% to $9.59.
  • Icosavax, Inc. ICVX dropped 16% to $9.67.
  • Dada Nexus Limited DADA dropped 14.7% to $12.94. Shares of several Chinese stocks traded lower amid the reopening of Chinese financial markets following the Lunar New Year holiday.
  • EHang Holdings Limited EH fell 11.6% to $12.61.
  • BuzzFeed, Inc. BZFD dropped 11.6% to $3.4181 after jumping over 85% on Friday. The company recently said it would use ChatGPT to help create content.
  • GDS Holdings Limited GDS dropped 11.6% to $23.31.
  • HomeStreet, Inc. HMST declined 11.3% to $26.00 following downbeat Q4 results.
  • HUTCHMED (China) Limited HCM dropped 11% to $17.68. Hutchmed recently licensed its Fruquintinib for commercialization outside of China to Takeda for $400M.
  • TPI Composites, Inc. TPIC fell 11% to $12.34.
  • Abcam plc ABCM fell 10.2% to $14.75.
  • I-Mab IMAB fell 10% to $6.12.
  • Youdao, Inc. DAO declined 9.9% to $7.13.
  • Bilibili Inc. BILI dropped 9.6% to $25.11. Shares of several Chinese stocks traded lower amid the reopening of Chinese financial markets following the Lunar New Year holiday.
  • Stitch Fix, Inc. SFIX dropped 9.1% to $4.49.
  • TDCX Inc. TDCX fell 8.9% to $12.97.
  • Repligen Corporation RGEN dropped 7.6% to $180.29.

Check This Out: US Stocks Open Lower; Nasdaq Down 1%

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