Coinbase, Riot Platforms, Marathon Digital And Other Big Stocks Moving Lower On Monday –


U.S. stocks traded mostly mixed, with the Dow Jones index gaining more than 100 points on Monday.

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

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Cogent Biosciences, Inc. (NASDAQ:COGT) shares tumbled 52.7% to $4.0803 after the company reported initial data from its ongoing Phase 2 SUMMIT trial and data from Part 1 of its ongoing Phase 2 APEX clinical at ASH 2023. Biomea Fusion, Inc. (NASDAQ:BMEA) shares dipped 32.2% to $11.40 after the company announced it presented data for BMF-219 in relapsed / refractory AML patients with menin-dependent mutations at the ASH 2023 Annual Meeting. XBP Europe Holdings, Inc. (NASDAQ:XBP) fell 25% to $12.00. Keros Therapeutics, Inc. (NASDAQ:KROS) declined 15% to $30.13. Keros Therapeutics showcased Phase 2 trials on blood disorders at ASH 2023. CleanSpark, Inc. (NASDAQ:CLSK) declined 13.2% to $8.98 amid a pullback in the price of Bitcoin. Xponential Fitness, Inc. (NASDAQ:XPOF) fell 12% to $ 9.33. Gildan Activewear Inc. (NYSE:GIL) fell 11.9% to $32.17. Gildan Activewear said Glenn J. Chamandy has left his position as President, CEO and Director. HIVE Digital Technologies Ltd. (NASDAQ:HIVE) fell 10.6% to $3.7550 amid a pullback in the price of Bitcoin. Tellurian Inc. (NYSE:TELL) dipped 10.5% to $0.6691. The company’s board named former General Counsel Daniel Belhumeur as President of Tellurian, and former Deputy General Counsel Meredith Mouer as General Counsel and Chief Compliance Officer of Tellurian. Riot Platforms, Inc. (NASDAQ:RIOT) fell 10.5% to $14.16 amid a pullback in the price of Bitcoin. SmartRent, Inc. (NYSE:SMRT) declined 10% to $3.0052. Marathon Digital Holdings, Inc. (NASDAQ:MARA) dipped 9.9% to $15.12 amid a pullback in the price of Bitcoin. Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) fell 9.2% to $56.96. Apellis said EMPAVELI (Pegcetacoplan) provided long-term control of PNH in new data presented at ASH Annual Meeting. Zai Lab Limited (NASDAQ:ZLAB) declined 6.8% to $25.40. RingCentral, Inc. (NYSE:RNG) fell 5.7% to $32.17. RingCentral announced return of Vlad Shmunis as CEO. DISH Network Corporation (NASDAQ:DISH) fell 5.4% to $4.3250. Coinbase Global, Inc. (NASDAQ:COIN) fell 4.3% to $140.39 a pullback in the price of Bitcoin (CRYPTO: BTC).

 

Now Read This: Bitcoin, Ethereum Record Losses; FTX Token Becomes Top Loser

“Finish 2023 Strong With 3 Hot Stock Ideas – Practically Free”

Ready for your shot at the next potential 32%, 39% or 45% gains in today’s market? You’re about to miss Stock Expert Gianni Di Poce’s 3 latest stock ideas… Ones that could shift your entire wealth-building journey. If you’re ready to end 2023 strong with 12 hot stock ideas every single month. ACT FAST.

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