6 new stocks added last week by ProPicks AI are already up by 2.5%. Don't miss the momentum!Get 50% off

American Airlines, CAVA Group And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Published 29/05/2024, 10:16
© Reuters.  American Airlines, CAVA Group And Other Big Stocks Moving Lower In Wednesday\'s Pre-Market Session
GME
-
AAL
-

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

U.S. stock futures were lower this morning, with the Dow futures falling around 150 points on Wednesday.

Shares of American Airlines Group Inc. (NASDAQ:AAL) fell sharply in today's pre-market trading after the company announced the departure of its executive vice president and lowered guidance for the second quarter.

After the market close on Tuesday, American Airlines said Executive Vice President and Chief Commercial Officer Vasu Raja will depart the company in June.

American Airlines shares dipped 7.2% to $12.47 in pre-market trading.

Here are some big stocks recording losses in today's pre-market trading session.

  • Latam Logistic Properties, S.A. (NYSE:LPA) shares dipped 12% to $24.65 in pre-market trading after jumping around 99% on Tuesday.
  • NuScale Power Corporation (NYSE:SMR) shares fell 5% to $9.01 in pre-market trading after surging around 22% on Tuesday.
  • Oklo Inc. (NYSE:OKLO) shares declined 4.5% to $10.30 in pre-market trading after gaining 6% on Tuesday.
  • Novavax, Inc. (NASDAQ:NVAX) shares fell 4.5% to $14.81 in pre-market trading.
  • Consolidated Water Co. Ltd (NASDAQ:CWCO) shares fell 4.4% to $25.47 in pre-market trading after declining over 4% on Tuesday.
  • GameStop Corp. (NYSE:GME) shares fell 3.9% to $22.85 in pre-market trading. GameStop shares jumped over 25% on Tuesday after the company announced the completion of its at-the-market equity offering program.
  • CAVA Group, Inc. (NYSE:CAVA) shares declined 3.5% to $79.49 in pre-market trading following first-quarter results.
Now Read This: Fear & Greed Index In ‘Neutral’ Zone; Nasdaq Settles Above 17,000

Don't forget to check out our premarket coverage here

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.