WB - Aspen Aerogels Issues Business Update Joins Plug Power SunPower And Other Big Stocks Moving Lower On Thursday | Benzinga

U.S. stocks traded lower, with the Dow Jones index falling over 150 points on Thursday.

Shares of Aspen Aerogels, Inc. (NYSE: ASPN) fell sharply during Thursday’s session after the company issued a business update.

Aspen Aerogels clocked preliminary fourth-quarter revenue of $84 million. The company sees FY24 baseline revenue of $350 million with upside potential as EV production accelerates.

Aspen Aerogels shares dipped 12.2% to $12.61 on Thursday.

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

• Office Properties Income Trust (NASDAQ: OPI) shares tumbled 36% to $3.9650 after the company reduced its quarterly dividend to $0.01 per share.
• Richardson Electronics, Ltd. (NASDAQ: RELL) dipped 20.7% to $9.91 after the company posted weaker-than-expected results ...

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