HomeMarket NewsMicro Cap StocksMicron, Concentrix And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

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

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Today, U.S. stock futures are down as some big stocks record losses in pre-market trading.

  • Workday, Inc. WDAY shares declined 10.1% to $207.61 due to a reduction in subscription revenue growth guidance during an investor presentation. Piper Sandler maintained an Overweight rating on Workday but lowered the price target from $288 to $275.
  • Opera Limited OPRA shares fell 6.1% to $13.81 after the company announced a proposed secondary follow-on public offering of 6.87 million American Depositary Shares.
  • Concentrix Corporation CNXC shares dropped 5.5% to $69.93 as the company reported weaker-than-expected third-quarter financial results and issued a weak fourth-quarter adjusted earnings guidance.
  • Micron Technology, Inc. MU shares declined 5% to $64.80. While Micron had positive results for its fourth quarter, the company expects a wider-than-anticipated loss for the first quarter.
  • Cool Company Ltd. CLCO shares fell 2.7% to $13.54.
  • Wheels Up Experience Inc. UP saw a 2.7% decline to $2.18 in pre-market trading after a 7% gain on Wednesday.
  • Li Auto Inc. LI shares dropped 2.6% to $34.05 in pre-market trading due to the termination of the US ATM offering by Li Auto.

Now Read This: US Stocks Remain Volatile As Fear Continues To Grip Markets

Don’t forget to check out our premarket coverage

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