Ericsson, Johnson & Johnson, Goldman Sachs And Other Big Stocks Moving Lower On Tuesday

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

Relay Therapeutics, Inc. (NASDAQ:RLAY) fell 11.5% to $16.12.
Merus N.V. (NASDAQ:MRUS) dropped 10.8% to $21.35.
FiscalNote Holdings, Inc. (NYSE:NOTE) declined 10.3% to $2.42.
Alignment Healthcare, Inc. (NASDAQ:ALHC) dropped 9.4% to $5.98.
San Juan Basin Royalty Trust (NYSE:SJT) fell 8.8% to $9.45.
BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) dropped 8.6% to $7.38. BioCryst refinanced existing debt with $450 million financing commitment from Pharmakon.
Solid Power, Inc. (NASDAQ:SLDP) fell 8.4% to $2.50.
Karyopharm Therapeutics Inc. (NASDAQ:KPTI) dropped 7.6% to $4.24.
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) fell 7.2% to $5.49 after the company reported Q1 financial results. The company also announced CFO Carl Mellander will step down at the end of the Q1 2024.
Novavax, Inc. (NASDAQ:NVAX) dropped 6.4% to $8.85.
CBL International Limited (NASDAQ:BANL) dropped 6.1% to $16.90.
Johnson & Johnson (NYSE:JNJ) fell 2.3% to $161.84. Johnson & Johnson reported better-than-expected Q1 results, raised its 2023 guidance and increased its quarterly dividend.
The Goldman Sachs Group, Inc. (NYSE:GS) dropped 2.2% to $332.37 after the company reported mixed Q1 financial results.