Benzinga - by Avi Kapoor, Benzinga Staff Writer.
U.S. stock futures were lower this morning, with the Dow Jones futures falling around 60 points on Wednesday.
Shares of Pinstripes (NYSE: PNST) shares fell in pre-market trading after surging 22% on Tuesday.
Pinstripes and Banyan Acquisition Corporation announced they have closed their previously announced business combination, which was approved by Banyan’s stockholders at a meeting on Dec. 27, 2023.
Pinstripes shares fell 13% to $11.58 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading session.
- BlackLine, Inc. (NASDAQ: BL) fell 6.7% to $55.05 in pre-market trading. Piper Sandler analyst Brent Bracelin, on Tuesday, downgraded BlackLine from Neutral to Underweight and raised the price target from $53 to $60.
- Aurora Innovation, Inc. (NASDAQ: AUR) shares tumbled 6.4% to $3.49 in pre-market trading. Goldman Sachs analyst Mark Delaney downgraded Aurora Innovation from Neutral to Sell and raised the price target from $1.75 to $2.
- Nukkleus Inc. (NASDAQ: NUKK) shares declined 5.8% to $2.72 in pre-market trading.
- Nanobiotix S.A. (NASDAQ: NBTX) shares fell 5.5% to $6.94 in pre-market trading.
- Fate Therapeutics, Inc. (NASDAQ: FATE) shares declined 4.9% to $3.51 in pre-market trading.
- SoFi Technologies, Inc. (NASDAQ: SOFI) shares fell 4.7% to $9.20 in pre-market trading. Keefe, Bruyette & Woods analyst Michael Perito downgraded SoFi Technologies from Market Perform to Underperform and lowered the price target from $7.5 to $6.5.
- Nkarta, Inc. (NASDAQ: NKTX) shares declined 3.1% to $6.17 in pre-market trading after falling over 3% on Tuesday.
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