As the broader market continues to get hammered amid weak sentiment, here are the major decliners so far.
Sunlight Financial (NYSE:SUNL)
Sunlight Financial stock is the big loser today after it withdrew guidance for 2022.
It had earlier guided for revenue between $145 million and $155 million for the year. The company offers financing for solar systems and improvements in the residential market.
Twin Vee Powercats (NASDAQ:VEEE)
Shares of this power catamaran boats provider are tanking today after the company announced an underwritten public offering of 2.5 million shares for gross proceeds of $6.86 million.
The offering is expected to close on October 3 and underwriters have an option to acquire further 375,000 shares of the company at the offer price of $2.75 per share.
SOBR Safe (NASDAQ:SOBR)
Shares of this alcohol detection and identity verification solutions provider are sliding today after a $6 million securities purchase deal with institutional investors.
The offer for 4.05 million units is expected to close on September 30.
The Glimpse Group (NASDAQ:VRAR)
This VR and AR platform provider is tanking today after missing consensus on both top-line and bottom-line fronts for the full year 2022.
Revenue jumped 113.5% over the prior year but missed the cut by ~$7 million. Net loss at $0.51 too came in wider than the Street’s estimates by $0.24.
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