U.S. stocks traded mostly higher, with the Dow Jones gaining around 100 points on Monday. Here are some big stocks recording losses in today’s session.
- The Aaron's Company, Inc. AAN shares dropped 12.2% to $13.41 after Loop Capital downgraded the stock from Buy to Hold.
- Shengfeng Development Limited SFWL dipped 11.3% to $8.97.
- FMC Corporation FMC declined 11.3% to $92.42 after the company issued weak revenue guidance.
- SunCar Technology Group Inc. SDA fell 9.1% to $20.20.
- 22nd Century Group, Inc. XXII dropped 8.5% to $2.45.
- LanzaTech Global, Inc. LNZA fell 7.3% to $6.35. LanzaTech Global recently announced the renewal of a ten-year cooperation with Primetals Technologies to accelerate the deployment of integrated environmental solutions for the steel industry.
- MercadoLibre, Inc. MELI dropped 6.7% to $1,076.15 after B of A Securities downgraded the stock from Buy to Neutral and lowered its price target from $1680 to $1350.
- Yunji Inc. YJ fell 6.2% to $1.3501. Yunji recently regained compliance with Nasdaq's minimum bid price requirement.
- 374Water, Inc. SCWO declined 5.7% to $1.9150.
- U Power Limited UCAR fell 5.5% to $6.11.
- Bit Digital, Inc. BTBT dropped 5.1% to $3.8450.
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