RCMT - Hot Stocks: PATH plunges on Ukraine worries; homebuilders fall; CLVS clinical data; BROS drops; RCMT new high

Dragged down by a late-day selling spree, Wall Street notched a second consecutive day of losses on Thursday, as investors continued to take profits after the sharp recovery that has marked most of the past few weeks.  The slide included a further retreat in homebuilding stocks. From an optimistic outlook in late 2021, this sector has seen a substantial swing of fortunes in the first quarter of 2022. Thursday's slide saw new 52-week lows from Hovnanian Enterprises (HOV), KB Home (KBH) and Meritage Homes (MTH). The list of new lows also included UiPath (NYSE:PATH). The software company lost more than a quarter of its value amid worries about its exposure to Russia and Eastern Europe. Dutch Bros (BROS) represented another major loser on the session. The stock posted a double-digit percentage decline, reversing some of the recent gains it posted amid increased interest from retail traders. Looking to the upside,

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Hot Stocks: PATH plunges on Ukraine worries; homebuilders fall; CLVS clinical data; BROS drops; RCMT new high