{"id":62885,"date":"2025-02-10T10:46:38","date_gmt":"2025-02-10T15:46:38","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=62885"},"modified":"2025-02-10T10:46:56","modified_gmt":"2025-02-10T15:46:56","slug":"stock-market-today-pliant-therapeutics-60-78-semtech-corporation-32-78-among-biggest-losers-in-early-trading","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-market-today-pliant-therapeutics-60-78-semtech-corporation-32-78-among-biggest-losers-in-early-trading\/62885\/","title":{"rendered":"Stock market today: Pliant Therapeutics -60.78%, Semtech Corporation -32.78% among biggest losers in early trading"},"content":{"rendered":"<p><span style=\"font-weight: 400\">As of <\/span><b>10:33 AM EST<\/b><span style=\"font-weight: 400\">, several stocks have showcased negative momentum in the early trading session. At the top of the chart was <\/span><b>Pliant Therapeutics, Inc.<\/b><span style=\"font-weight: 400\"> experienced a sharp decline of <\/span><b>60.78%<\/b><span style=\"font-weight: 400\">, bringing its stock price down to <\/span><b>$3.06<\/b><span style=\"font-weight: 400\">. However, the company\u2019s market capitalization now stands at <\/span><b>$474.05 million<\/b><span style=\"font-weight: 400\">. The company has announced a pause in its <\/span><span style=\"font-weight: 400\">pulmonary fibrosis drug following a review by independent monitors resulting in the stock\u2019s decline.<\/span><\/p>\n<p><b>Semtech Corporation<\/b><span style=\"font-weight: 400\"> saw a <\/span><b>32.78%<\/b><span style=\"font-weight: 400\"> drop in its stock price, now trading at <\/span><b>$36.64<\/b><span style=\"font-weight: 400\"> and its market cap currently sits at <\/span><b>$3.16 billion<\/b><span style=\"font-weight: 400\">. Similarly, <\/span><b>Huachen AI Parking Management Technology Holding Co., Ltd.<\/b><span style=\"font-weight: 400\"> recorded a <\/span><b>24.61%<\/b><span style=\"font-weight: 400\"> decline, with its stock price falling to <\/span><b>$3.86<\/b><span style=\"font-weight: 400\"> while the company\u2019s market capitalization is now <\/span><b>$135.1 million<\/b><span style=\"font-weight: 400\">. The organic and natural products company failed to meet its Q2 earnings expectations adding to the stock\u2019s plunge.\u00a0<\/span><\/p>\n<p><b>The Hain Celestial Group, Inc.<\/b><span style=\"font-weight: 400\"> saw a <\/span><b>24.52%<\/b><span style=\"font-weight: 400\"> decrease, bringing its stock price down to <\/span><b>$3.54<\/b><span style=\"font-weight: 400\"> and its market cap is now <\/span><b>$319.29 million<\/b><span style=\"font-weight: 400\">. However in the consumer services sector, <\/span><b>Bally\u2019s Corporation<\/b><span style=\"font-weight: 400\"> dropped <\/span><b>21.11%<\/b><span style=\"font-weight: 400\">, with its stock now at <\/span><b>$14.39<\/b><span style=\"font-weight: 400\"> while its market capitalization currently stands at <\/span><b>$585.21 million<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Lastly in the health technology sector, <\/span><b>Microbot Medical Inc.<\/b><span style=\"font-weight: 400\"> recorded a <\/span><b>19.61%<\/b><span style=\"font-weight: 400\"> decline, with its stock price falling to <\/span><b>$2.05<\/b><span style=\"font-weight: 400\">. While the company\u2019s market capitalization is now <\/span><b>$58.71 million<\/b><span style=\"font-weight: 400\">. The stock has declined after the company announced <\/span><span style=\"font-weight: 400\">$13M registered direct offering priced at-the-market under Nasdaq rules.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Disclaimer: This article is for informational purposes only and does not constitute any financial advice.\u00a0<\/span><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At the top of the chart was Pliant Therapeutics, Inc. experienced a sharp decline of 60.78%, bringing its stock price down to $3.06.<\/p>\n","protected":false},"author":433,"featured_media":61635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[24734,24740,24742,24738,24739,24741],"class_list":["post-62885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-ballys-corporation","tag-huachen-ai-parking-management-technology-holding","tag-microbot-medical","tag-pliant-therapeutics","tag-semtech-corporation","tag-the-hain-celestial-group"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/433"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=62885"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/61635"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=62885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=62885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=62885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}