Candel Therapeutics, 8x8 And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 150 points on Friday.

Shares of Candel Therapeutics, Inc. CADL fell sharply in today's pre-market trading after the company announced the pricing of public offering.

Candel Therapeutics shares dipped 30.9% to $6.77 in the pre-market trading session.

Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.

Share Price: $0.80

Min. Investment: $1,000

Valuation: $3.5B

Here are some other stocks moving lower in pre-market trading.

Alumis Inc. ALMS shares declined 6.1% to $8.20 in pre-market trading.
Savers Value Village, Inc. SVV fell 6.1% to $9.01 in pre-market trading.
8×8, Inc. EGHT fell 4.5% to $2.98 in pre-market trading. Mizuho analyst Siti Panigrahi downgraded 8×8 from Neutral to Underperform and lowered the price target from $2.75 to $2.5.
Bicycle Therapeutics plc BCYC shares declined 4.1% to $19.30 in pre-market trading. On Thursday, Bicycle Therapeutics announced that it presented data showing the enhanced anti-tumor activity of zelenectide pevedotin monotherapy in breast cancer patients with NECTIN4 gene amplification at the 2024 San Antonio Breast Conference Symposium.
CECO Environmental Corp. CECO fell 3.1% to $31.71 in pre-market trading.
Montrose Environmental Group, Inc. MEG fell 2.3% to $15.77 in pre-market trading.