U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading session.
- Ohmyhome Limited (NASDAQ:OMH) shares dipped 48% to $13.52 in pre-market trading after jumping around 329% on Monday.
- PacWest Bancorp (NASDAQ:PACW) shares fell 13.6% to $5.16 in pre-market trading. PacWest shares gained around 3.7% on Monday after the company cut its dividend.
- 3D Systems Corporation (NYSE:DDD) dropped 11.1% to $8.08 in pre-market trading after the company reported downbeat Q1 results and announced next phase of restructuring initiative.
- Skyworks Solutions, Inc. (NASDAQ:SWKS) shares fell 9.4% to $95.34 in pre-market trading as the company reported downbeat earnings for its second quarter and issued weak sales forecast for the current quarter.
- Western Alliance Bancorporation (NYSE:WAL) shares dropped 8.8% to $24.89 in pre-market trading.
- Lucid Group, Inc. (NASDAQ:LCID) fell 8.4% to $7.06 in pre-market trading after the company reported worse-than-expected Q1 results.
- Wayfair Inc. (NYSE:W) shares dropped 8% to $36.79 in pre-market trading after the company announced a proposed offering of $600 million of convertible senior notes.
- Maravai LifeSciences Holdings, Inc. (NASDAQ:MRVI) shares declined 6.5% to $13.00 in pre-market trading after the company posted downbeat Q1 results and lowered 2023 outlook.
- XPeng Inc. (NYSE:XPEV) shares dropped 4.7% to $10.05 in pre-market trading. XPeng is expected to report its first quarter unaudited financial results on May 24, 2023.
- PayPal Holdings, Inc. (NASDAQ:PYPL) shares dropped 4.3% to $72.28 in pre-market trading despite better-than-expected Q1 results.
- NetEase, Inc. (NASDAQ:NTES) fell 4.1% to $87.41 in pre-market trading. NetEase is expected to report financial results for the first quarter on May 25, 2023.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Don’t forget to check out our premarket coverage here