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Benzinga
Benzinga
Business
Lisa Levin

AMD, SolarEdge Technologies And Some Other Big Stocks Moving Lower On Wednesday

 


  • Rocky Brands, Inc. (NASDAQ:RCKY) dipped 21.6% to $26.62 after the company reported worse-than-expected Q2 EPS results.

  • Horizon Therapeutics Public Limited Company (NASDAQ:HZNP) dropped 21.3% to $64.57 after the company reported worse-than-expected Q2 EPS and sales results and lowered FY22 sales guidance below estimates.

  • Knowles Corporation (NYSE:KN) fell 19% to $15.45 after reporting downbeat quarterly sales. Roth Capital downgraded Knowles from Buy to Neutral and lowered the price target from $30 to $17.

  • SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell 19% to $295.82 after the company reported worse-than-expected Q2 EPS.

  • Match Group, Inc. (NASDAQ:MTCH) fell 17.1% to $63.56 after the company reported worse-than-expected Q2 sales and guided for muted top-line growth in the second half of 2022.

  • Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) shares fell 16.9% to $2.7188 after the company issued weak sales forecast for the second quarter. JP Morgan downgraded Hydrofarm from Overweight to Neutral.

  • AMTD Digital Inc. (NYSE:HKD) dropped 16.6% to $1,400.00.

  • Triumph Group, Inc. (NYSE:TGI) dropped 14% to $14.26 after the company issued weak earnings forecast for FY23.

  • Southwest Gas Holdings, Inc. (NYSE:SWX) fell 13.3% to $75.75. Southwest Gas board concluded its strategic review.

  • Mercury Systems, Inc. (NASDAQ:MRCY) dropped 13.1% to $49.94 after the company reported worse-than-expected Q4 EPS and sales results. The company also issued Q1 EPS and sales guidance below analyst estimates.

  • Bright Horizons Family Solutions Inc. (NASDAQ:BFAM) fell 11.8% to $83.28 after the company reported worse-than-expected Q2 sales results.

  • Kanzhun Limited (NASDAQ:BZ) fell 10.6% to $20.00.

  • STERIS plc (NYSE:STE) dipped 10.3% to $201.14 after the company reported worse-than-expected Q1 EPS results and lowered FY23 adjusted EPS guidance below estimates.

  • Mercury General Corporation (NYSE:MCY) declined 10% to $35.97 following weak quarterly results.

  • Big 5 Sporting Goods Corporation (NASDAQ:BGFV) fell 9.9% to $11.58 after reporting weak Q2 results.

  • Owens & Minor, Inc. (NYSE:OMI) fell 9.6% to $33.12 after reporting downbeat quarterly sales. Owens & Minor expects sales of $9.8 billion - $10.1 billion (prior view $9.9 billion - $10.3 billion) versus the consensus of $10.15 billion.

  • Assurant, Inc. (NYSE:AIZ) dipped 9.3% to $155.63 following downbeat quarterly earnings.

  • Service Corporation International (NYSE:SCI) fell 9% to $66.99 after reporting Q2 results.

  • Charles River Laboratories International, Inc. (NYSE:CRL) dipped 8.8% to $222.02 after the company reported worse-than-expected Q2 sales results and lowered FY22 adjusted EPS guidance below estimates.

  • Novo Nordisk A/S (NYSE:NVO) fell 8.7% to $104.46 following H1 2022 results.

  • Advanced Micro Devices, Inc (NASDAQ:AMD) fell 3.5% to $95.83. Advanced Micro Devices reported upbeat earnings for its second quarter and issued Q3 sales guidance with a midpoint below estimates.


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