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NIO, Rocket Lab USA And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Published 19/09/2023, 10:59
© Reuters. NIO, Rocket Lab USA And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
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Benzinga - by Lisa Levin, Benzinga Editor.

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

  • Rocket Lab USA, Inc. (NASDAQ: RKLB) shares dipped 18.8% to $4.09 in pre-market trading as the company's 41st mission succumbs to technical issues, prompting it to postpone its next mission and revise its third-quarter guidance.
  • Terran Orbital Corporation (NYSE: LLAP) shares declined 14.8% to $1.21 in pre-market trading after the company priced its previously announced public offering of 23.2 million shares and warrants to purchase up to 23.2 million shares at a combined public offering price of $1.40 per share and accompanying warrant.
  • Equinox Gold Corp. (NYSE: EQX) shares slipped 10.3% to $4.70 in pre-market trading after the company reported a bought deal offering of convertible senior notes.
  • Better Home & Finance Holding Company (NASDAQ: BETR) shares declined 4.5% to $0.6305 in pre-market trading after gaining around 4% on Monday.
  • NIO Inc. (NYSE: NIO) shares fell 4.4% to $9.86 in pre-market trading after the company announced a proposed offering of $1 billion convertible senior notes.
  • FREYR Battery (NYSE: FREY) shares declined 4.2% to $5.29 in pre-market trading.
  • Arm Holdings plc (NYSE: ARM) shares fell 1.9% to $56.90 in pre-market trading after declining 4.5% on Monday. Redburn Atlantic initiated coverage on ARM Holdings with a Neutral rating and announced a price target of $50.
Now Read This: Investor Optimism Falls Further Ahead Of Fed Decision

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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