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Micron, Concentrix And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Published 28/09/2023, 12:21
© Reuters.  Micron, Concentrix And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
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Benzinga - by Lisa Levin, Benzinga Editor.

U.S. stock futures traded lower this morning on Thursday. Here are some big stocks recording losses in today’s pre-market trading session.

  • Workday, Inc. (NASDAQ: WDAY) shares dipped 10.1% to $207.61 in pre-market trading after the company reduced its subscription revenue growth guidance at an investor presentation. Piper Sandler maintained Workday with an Overweight and lowered the price target from $288 to $275.
  • Opera Limited (NASDAQ: OPRA) shares fell 6.1% to $13.81 in pre-market trading after the company reported a proposed secondary follow-on public offering of 6.87 million American Depositary Shares.
  • Concentrix Corporation (NASDAQ: CNXC) shares fell 5.5% to $69.93 in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued weak fourth-quarter adjusted earnings guidance.
  • Micron Technology, Inc. (NASDAQ: MU) shares fell 5% to $64.80 in pre-market trading. Micron posted upbeat results for its fourth quarter. However, the company said it sees a wider than expected loss for the first quarter.
  • Cool Company Ltd. (NYSE: CLCO) shares fell 2.7% to $13.54 in pre-market trading.
  • Wheels Up Experience Inc. (NYSE: UP) fell 2.7% to $2.18 in pre-market trading after gaining around 7% on Wednesday.
  • Li Auto Inc. (NASDAQ: LI) shares fell 2.6% to $34.05 in pre-market trading. Li Auto announced termination of the US ATM offering.
Now Read This: US Stocks Remain Volatile As Fear Continues To Grip Markets

Don’t forget to check out our premarket coverage here

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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