Micron Technology, Novavax, CarGurus And Some Other Big Losers From Tuesday
U.S. stocks closed lower, with the Nasdaq dropping 150 points on Tuesday. Here is the list of some big stocks moving lower in the previous session. Magic Empire Global Limited (NASDAQ: MEGL ) dipped 89.5% to close at $12.32 on volatility following the company''s IPO on Friday. AMTD Digital Inc. (NYSE: HKD ) dropped 47.7% to close at $212.00 on possible profit taking after the stock surged over the last few trading days. Vertex Energy, Inc. (NASDAQ: VTNR ) declined 44.2% to settle at $7.80 after the company reported worse-than-expected Q2 EPS. Turtle Beach Corporation (NASDAQ: HEAR ) shares fell 31.8% to close at $9.54 after reporting downbeat second quarter financial results and announced an update to a strategic review. Novavax, Inc. (NASDAQ: NVAX ) dipped 29.6% to close at $40.28 after the company reported second-quarter revenue decline of 37.6% year-over-year to $185.9 million. The company also lowered its sales forecast for the year. CarGurus, Inc. (NASDAQ: CARG ) fell 25.5% to close at $19.16 after the company issued weak forecast for the third quarter.
Micron Technology, Novavax, CarGurus And Some Other Big Losers From Tuesday
U.S. stocks closed lower, with the Nasdaq dropping 150 points on Tuesday. Here is the list of some big stocks moving lower in the previous session. Magic Empire Global Limited (NASDAQ: MEGL ) dipped 89.5% to close at $12.32 on volatility following the company''s IPO on Friday. AMTD Digital Inc. (NYSE: HKD ) dropped 47.7% to close at $212.00 on possible profit taking after the stock surged over the last few trading days. Vertex Energy, Inc. (NASDAQ: VTNR ) declined 44.2% to settle at $7.80 after the company reported worse-than-expected Q2 EPS. Turtle Beach Corporation (NASDAQ: HEAR ) shares fell 31.8% to close at $9.54 after reporting downbeat second quarter financial results and announced an update to a strategic review. Novavax, Inc. (NASDAQ: NVAX ) dipped 29.6% to close at $40.28 after the company reported second-quarter revenue decline of 37.6% year-over-year to $185.9 million. The company also lowered its sales forecast for the year. CarGurus, Inc. (NASDAQ: CARG ) fell 25.5% to close at $19.16 after the company issued weak forecast for the third quarter.