Apple, Amazon, HP And Other Big Losers From Friday
U.S. stocks closed sharply lower with the Dow Jones tumbling more than 1,000 points on Friday. Here is the list of some big stocks moving lower in the previous session. Domo, Inc. (NASDAQ: DOMO ) shares tumbled 27.8% to close at $20.69 on Friday after the company reported worse-than-expected Q2 sales results and issued Q3 and FY23 sales guidance below analyst estimates. Additionally, multiple analysts lowered their price target on the stock. Affirm Holdings, Inc. (NASDAQ: AFRM ) shares dipped 21.3% to close at $24.57 after the company reported worse-than-expected Q4 EPS results and issued Q1 FY23 sales guidance below estimates. Open Text Corporation (NASDAQ: OTEX ) fell 14.4% to settle at $31.89 after the company announced it will acquire Micro Focus International for $6 billion. Dell Technologies Inc. (NYSE: DELL ) fell 13.5% to close at $41.43. Dell Technologies reported upbeat earnings for its second quarter, while sales missed estimates. Lantronix, Inc. (NASDAQ: LTRX ) fell 13.5% to close at $6.56 after the company posted downbeat Q4 earnings and issued weak earnings forecast for FY23.
Apple, Amazon, HP And Other Big Losers From Friday
U.S. stocks closed sharply lower with the Dow Jones tumbling more than 1,000 points on Friday. Here is the list of some big stocks moving lower in the previous session. Domo, Inc. (NASDAQ: DOMO ) shares tumbled 27.8% to close at $20.69 on Friday after the company reported worse-than-expected Q2 sales results and issued Q3 and FY23 sales guidance below analyst estimates. Additionally, multiple analysts lowered their price target on the stock. Affirm Holdings, Inc. (NASDAQ: AFRM ) shares dipped 21.3% to close at $24.57 after the company reported worse-than-expected Q4 EPS results and issued Q1 FY23 sales guidance below estimates. Open Text Corporation (NASDAQ: OTEX ) fell 14.4% to settle at $31.89 after the company announced it will acquire Micro Focus International for $6 billion. Dell Technologies Inc. (NYSE: DELL ) fell 13.5% to close at $41.43. Dell Technologies reported upbeat earnings for its second quarter, while sales missed estimates. Lantronix, Inc. (NASDAQ: LTRX ) fell 13.5% to close at $6.56 after the company posted downbeat Q4 earnings and issued weak earnings forecast for FY23.