Chegg, Perdoceo Education And Other Big Stocks Moving Lower On Monday

Author: Lisa Levin | November 20, 2023 11:51am

U.S. stocks traded higher, with the Dow Jones gaining over 50 points on Monday.

Here are some big stocks recording losses in today’s session.

• Yatsen Holding Limited (NYSE:YSG) shares tumbled 24.2% to $0.6559. Yatsen Holding is expected to release its unaudited financial results for the third quarter on Nov. 21, 2023.
• Syntec Optics Holdings, Inc. (NASDAQ:OPTX) fell 11.3% to $7.95. OptimizeRx recently issued strong FY23 guidance.
• reAlpha Tech Corp. (NASDAQ:AIRE) shares dipped 10.5% to $8.40. ReAlpha Tech filed a prospectus for the offering of up to 1.67 million common units at a price of $12 per unit.
• Korro Bio, Inc. (NASDAQ:KRRO) fell 8.9% to $35.51.
• Genelux Corporation (NASDAQ:GNLX) fell 8.7% to $10.83.
• Chegg, Inc. (NYSE:CHGG) shares declined 8.2% to $9.60. Morgan Stanley downgraded Chegg from Equal-Weight to Underweight and lowered the price target from $10 to $9.
• Perdoceo Education Corporation (NASDAQ:PRDO) fell 6.3% to $16.96. Perdoceo Education announced leadership changes, appointing Todd Nelson as President and Chief Executive Officer.
• Nikola Corporation (NASDAQ:NKLA) fell 5.6% to $0.9814.
• International Paper Company (NYSE:IP) declined 3.7% to $32.13.
• Honda Motor Co., Ltd. (NYSE:HMC) declined 3.6% to $31.41.
• Toyota Motor Corporation (NYSE:TM) fell 3.3% to $186.95.
• Tyra Biosciences, Inc. (NASDAQ:TYRA) fell 3.2% to $11.05.

 

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Posted In: AIRE CHGG GNLX HMC IP KRRO NKLA OPTX PRDO TM TYRA YSG