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Hibbett, Enfusion And Some Other Big Stocks Moving Lower On Tuesday

Benzinga Real-time News ·  Nov 30, 2022 02:31

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.

  • Satixfy Communications Ltd. (NASDAQ:SATX) shares dipped 17.4% to $16.82.
  • Enfusion, Inc. (NYSE:ENFN) dropped 16.7% to $10.24. Enfusion announced resignation of chief financial officer and reiterated Q4 and FY22 outlook.
  • CinCor Pharma, Inc. (NASDAQ:CINC) declined 13.4% to $12.23. Oppenheimer downgraded CinCor Pharma from Outperform to Perform, while Morgan Stanley downgraded the stock from Overweight to Equal-Weight and lowered the price target from $60 to $22.
  • Hibbett, Inc. (NASDAQ:HIBB) tumbled 12.2% to $59.33 after the company reported worse-than-expected Q3 EPS and sales results.
  • Nutex Health Inc. (NASDAQ:NUTX) fell 10.3% to $1.39.
  • Seneca Foods Corporation (NASDAQ:SENEB) dropped 9.9% to $62.95. Seneca Foods recently posted Q2 sales of $439.80 million.
  • Allego N.V. (NYSE:ALLG) declined 9.7% to $3.35. The company recently posted a rise in quarterly sales.
  • Abcam plc (NASDAQ:ABCM) fell 9.7% to $15.23.
  • NewAmsterdam Pharma Company N.V. (NASDAQ:NAMS) declined 9.4% to $8.20.
  • Elbit Systems Ltd. (NASDAQ:ESLT) fell 9.2% to $169.67 after the company reported a drop in profit for the third quarter.
  • Grindr Inc. (NYSE:GRND) fell 9.3% to $7.45.
  • Sprout Social, Inc. (NASDAQ:SPT) dipped 7.7% to $53.40.
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