U.S. stocks traded mostly flat on Monday. Here are some big stocks recording losses in today’s session.
Scilex Holding Company (NASDAQ: SCLX) shares dipped 17.3% to $1.86. Scilex recently announced the completion of its SP-103 Phase 2 study to evaluate the safety and efficacy in subjects with acute LBP.
Canopy Growth Corporation (NASDAQ: CGC) fell 14.8% to $1.15 after the company announced a private placement of up to $50 million.
Nuvalent, Inc. (NASDAQ: NUVL) declined 12.7% to $41.36. Nuvalent will present preliminary dose-escalation data from its ongoing ALKOVE-1 Phase 1/2 trial of Nvl-655 at the 35th AACR-NCI-EORTC Symposium.