Henry Schein, Verve Therapeutics And Other Big Stocks Moving Lower In Monday's Pre-Market Session

U.S. stock futures traded mostly lower this morning on Monday, with the Nasdaq futures falling around 50 points this morning.

Shares of Verve Therapeutics, Inc. VERV fell in pre-market trading after the company announced first human proof-of-concept data for in vivo base editing from the ongoing heart-1 phase 1b clinical trial of VERVE-101.

Verve Therapeutics recently reported a narrower-than-expected loss for its third quarter.

Verve Therapeutics shares fell 14.1% to $13.50 in pre-market trading

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

  • Plug Power Inc. PLUG shares tumbled 4.8% to $3.36 in pre-market trading after falling over 40% on Friday. The company reported disappointing third-quarter results and issued a going concern warning.
  • Instacart (Maplebear Inc.) CART shares declined 4.7% to $24.02 in pre-market trading after gaining 3% on Friday. Maplebear reported third-quarter total revenue of $7.494 billion, up 6% year-over-year.
  • Henry Schein, Inc. HSIC fell 4% to $61.50 in pre-market trading after reporting third-quarter results.
  • ICL Group Ltd ICL shares dropped 3.5% to $4.72 in pre-market trading. ICL Group recently posted better-than-expected quarterly earnings.
  • Hut 8 Mining Corp. HUT shares fell 3.2% to $2.10 in pre-market trading. U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp (USBTC) said it is moving forward with its all-stock merger with Hut 8.
  • Microvast Holdings, Inc. MVST fell around 3% to $1.35 in pre-market trading. Microvast said third-quarter revenue increased 107.5% year-over-year to $80.1 million, which beat the consensus estimate of $76.244 million.
  • AudioCodes Ltd. AUDC fell 2.5% to $9.59 in pre-market trading.

 

Now Read This: Fear Among US Investors Is Easing, Here's Why

Don’t forget to check out our premarket coverage here

Market News and Data brought to you by Benzinga APIs
Posted In: NewsPenny StocksSmall CapPre-Market OutlookMarketsMoversTrading Ideasbig losersTop Losers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...