FMC, MercadoLibre And Other Big Stocks Moving Lower On Monday

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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