Top Midday Decliners

MT Newswires
08 Mar

Intuitive Machines (LUNR) shares slumped 24% amid heavy trading after the company said its lunar lander, Athena, landed inside a crater, with images confirming it "was on her side."

The company also said it doesn't expect the lunar lander to recharge.

More than 44.7 million shares traded intraday compared with a daily average of about 14.7 million.

BigBear.ai (BBAI) reported a wider Q4 net loss late Thursday, while the year-over-year increase in its sales missed expectations.

Shares slumped 19% following a surge in intraday trading volume to over 62.3 million from a daily average of about 64 million.

Hewlett Packard Enterprise (HPE), whose Q1 non-GAAP net income reported late Thursday missed consensus, said it plans to achieve roughly $350 million in run-rate cost savings by fiscal 2027 through workforce reductions.

Evercore ISI adjusted its price target on the company's shares to $17 from $22 while keeping its in-line rating.

Shares slid 14% as intraday trading volume rose to over 60.6 million from the stock's daily average of about 14.5 million.
















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