Advance Auto Parts, Nordstrom And Other Big Stocks Recording Losses On Wednesday
U.S. stocks closed higher with the Nasdaq Composite gaining 50 points on Wednesday. Here is the list of some big stocks moving lower in the previous session. Starbox Group Holdings Ltd. (NASDAQ: STBX ) shares declined 36.2% to settle at $9.83 on Wednesday after jumping 285% on Tuesday. Starbox Group priced 5 million share IPO at $4.00 per share. WeTrade Group, Inc. (NASDAQ: WETG ) fell 20.8% to close at $2.55. WeTrade recently entered into strategic partnership with Guyguide to exclusively design and provide Monkeypox testing kits and insurance coverage products for traveling packages to US, Canada, Australia and European countries. Nordstrom, Inc. (NYSE: JWN ) tumbled 20% to close at $18.57. Nordstrom reported better-than-expected results for its second quarter, but lowered its FY22 outlook. Citi Trends, Inc. (NASDAQ: CTRN ) declined 18.8% to close at $24.82 after the company reported worse-than-expected Q2 results. ScanSource, Inc. (NASDAQ: Full story available on Benzinga.com
Advance Auto Parts, Nordstrom And Other Big Stocks Recording Losses On Wednesday
U.S. stocks closed higher with the Nasdaq Composite gaining 50 points on Wednesday. Here is the list of some big stocks moving lower in the previous session. Starbox Group Holdings Ltd. (NASDAQ: STBX ) shares declined 36.2% to settle at $9.83 on Wednesday after jumping 285% on Tuesday. Starbox Group priced 5 million share IPO at $4.00 per share. WeTrade Group, Inc. (NASDAQ: WETG ) fell 20.8% to close at $2.55. WeTrade recently entered into strategic partnership with Guyguide to exclusively design and provide Monkeypox testing kits and insurance coverage products for traveling packages to US, Canada, Australia and European countries. Nordstrom, Inc. (NYSE: JWN ) tumbled 20% to close at $18.57. Nordstrom reported better-than-expected results for its second quarter, but lowered its FY22 outlook. Citi Trends, Inc. (NASDAQ: CTRN ) declined 18.8% to close at $24.82 after the company reported worse-than-expected Q2 results. ScanSource, Inc. (NASDAQ: Full story available on Benzinga.com