{"id":62931,"date":"2025-02-11T10:36:02","date_gmt":"2025-02-11T15:36:02","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=62931"},"modified":"2025-02-11T13:05:45","modified_gmt":"2025-02-11T18:05:45","slug":"stock-market-today-fluence-energy-46-44-columbus-mckinnon-42-05-among-biggest-losers-in-early-trading","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-market-today-fluence-energy-46-44-columbus-mckinnon-42-05-among-biggest-losers-in-early-trading\/62931\/","title":{"rendered":"Stock market today: Fluence Energy -46.44%, Columbus McKinnon -42.05% among biggest losers in early trading"},"content":{"rendered":"<p><span style=\"font-weight: 400\">As of 10:26 AM EST, several stocks have faced losses in early trading on Tuesday. At the top of the chart was <\/span><b>Fluence Energy, Inc.<\/b><span style=\"font-weight: 400\"> dropped <\/span><b>46.44%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>7.00 USD<\/b><span style=\"font-weight: 400\">, with a market capitalization of <\/span><b>1.27 billion USD<\/b><span style=\"font-weight: 400\">. The energy-storage company has reported a wider first-quarter loss and also announced a cutting of its fiscal 2025 revenue guidance, adding to the stock\u2019s decline today.<\/span><\/p>\n<p><b>Columbus McKinnon Corporation (CMCO)<\/b><span style=\"font-weight: 400\"> fell <\/span><b>42.05%<\/b><span style=\"font-weight: 400\"> to <\/span><b>20.56 USD<\/b><span style=\"font-weight: 400\">, bringing its market cap to <\/span><b>589.88 million USD<\/b><span style=\"font-weight: 400\">. <\/span><b>Columbus McKinnon <\/b><span style=\"font-weight: 400\">fell short of its Q3 earnings and revenue expectations, leading to the stock\u2019s decline. Similarly, <\/span><b>Oric Pharmaceuticals, Inc. (ORIC)<\/b><span style=\"font-weight: 400\"> declined <\/span><b>26.54%<\/b><span style=\"font-weight: 400\">, now trading at <\/span><b>8.25 USD<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>582.18 million USD<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><b>Third Harmonic Bio, Inc. (THRD)<\/b><span style=\"font-weight: 400\"> lost <\/span><b>24.63%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>3.50 USD<\/b><span style=\"font-weight: 400\">, with a market capitalization of <\/span><b>157.93 million USD<\/b><span style=\"font-weight: 400\">. The stock was plunging on Tuesday after it announced a 50% cut in workforce as a part of evaluation of <\/span><span style=\"font-weight: 400\">THB335.<\/span><span style=\"font-weight: 400\"> In the industrial services sector, <\/span><b>Ming Shing Group Holdings Limited (MSW)<\/b><span style=\"font-weight: 400\"> dropped <\/span><b>23.11%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>4.89 USD<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>62.35 million USD<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Lastly in the retail trade sector <\/span><b>PetMed Express, Inc. (PETS)<\/b><span style=\"font-weight: 400\"> slid <\/span><b>18.79%<\/b><span style=\"font-weight: 400\"> to <\/span><b>4.28 USD<\/b><span style=\"font-weight: 400\">, bringing its market value to <\/span><b>88.44 million USD<\/b><span style=\"font-weight: 400\">.<\/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 Fluence Energy, Inc. dropped 46.44%, trading at 7.00 USD, with a market capitalization of 1.27 billion USD.<\/p>\n","protected":false},"author":433,"featured_media":58993,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[24746,24445,24752,24750,24753,24751],"class_list":["post-62931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-columbus-mckinnon","tag-fluence-energy","tag-ming-shing-group-holdings","tag-oric-pharmaceuticals","tag-petmed-express","tag-third-harmonic-bio"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62931","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=62931"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/58993"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=62931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=62931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=62931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}