AVIR - Hot Stocks: Crypto stocks fall; FLGC falls on results; LZ FXLV set closing lows; CRVS keeps rising

A sell-off that began in China spread to other global financial markets on Monday. Along with a sharp slide in U.S. equities, the cryptocurrency market suffered a major decline. Given the crypto sell-off, stocks tied to that asset class experienced an outsized decline during the session. This included Riot Blockchain (NASDAQ:RIOT), MicroStrategy (NASDAQ:MSTR), Coinbase Global (NASDAQ:COIN), Hut 8 Mining (NASDAQ:HUT) and Bit Digital (NASDAQ:BTBT). Recent IPOs were also hard hit by Monday's general sell-off. The retreat sent a couple of high-profile names, LegalZoom.com (NASDAQ:LZ) and F45 Training (NYSE:FXLV), to their lowest closes as public companies. Other examples of Monday's major declines came on company-specific catalysts. Flora Growth (NASDAQ:FLGC) posted one of the day's biggest losses following the release of financial figures. Monday also had its share of standout winners, even with the broad downward pressure. Avir Therapeutics (NASDAQ:AVIR) recorded a substantial gain on positive press mentions and bullish analyst comments.

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Hot Stocks: Crypto stocks fall; FLGC falls on results; LZ, FXLV set closing lows; CRVS keeps rising