Enphase Energy, Immunocore And Some Other Big Stocks Moving Lower On Friday

Author: Lisa Levin | September 09, 2022 11:30am

U.S. stocks traded higher, with the Dow Jones gaining around 300 points on Friday. Here are some big stocks recording gains in today’s session.

• Immunocore Holdings plc (NASDAQ:IMCR) shares fell 17.7% to $47.28 after the company presented its Phase 1 data for TCR therapy targeting PRAME.
• Mullen Automotive, Inc. (NASDAQ:MULN) dipped 13% to $0.5301. Mullen Automotive recently acquired a controlling interest in EV truck innovator Bollinger Motors Inc.
• Alector, Inc. (NASDAQ:ALEC) fell 12.5% to $9.62 after Morgan Stanley downgraded the stock from Overweight to Equal-Weight and lowered its price target from $27 to $13.
• TPI Composites, Inc. (NASDAQ:TPIC) declined 12.2% to $16.56.
• ZeroFox Holdings, Inc. (NASDAQ:ZFOX) fell 9.3% to $3.52.
• CF Acquisition Corp. VI (NASDAQ:CFVI) fell 7.8% to $11.31. DA Davidson initiated coverage on CF Acquisition with a Buy rating and announced a price target of $12.
• Virgin Galactic Holdings, Inc. (NYSE:SPCE) fell 7.1% to $5.84 after Bernstein downgraded the stock from Market Perform to Underperform.
• Nutex Health, Inc. (NASDAQ:NUTX) dropped 7.1% to $2.77.
• Enphase Energy, Inc. (NASDAQ:ENPH) fell 6.1% to $297.99 after Guggeheim downgraded the stock from Buy to Neutral.
• Smith & Wesson Brands, Inc. (NASDAQ:SWBI) declined 6% to $12.63 after the company reported worse-than-expected Q1 EPS and sales results.
• Zumiez Inc. (NASDAQ:ZUMZ) shares fell 4.3% to $25.40 after the company reported weaker-than-expected sales for its second quarter and also issued Q3 sales guidance below analyst estimates.
• American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) dropped 4.2% to $9.46. B of A Securities downgraded American Axle from Buy to Neutral and lowered the price target from $16 to $13.

Posted In: ALEC AXL CFVI ENPH IMCR MULN NUTX SPCE SWBI TPIC ZFOX ZUMZ