Credit Suisse, MongoDB And Other Big Stocks Moving Lower In Thursday's Pre-Market Session


U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading session.

  • SVB Financial Group SIVB shares dipped 30.9% to $185.00 in pre-market trading after the company announced plans to sell assets and disclosed a $1.75 billion share sale. The company also reduced its 2023 outlook.
  • MongoDB, Inc. MDB shares tumbled 12.1% to $201.00 in pre-market trading after the company issued weak revenue guidance.
  • Signature Bank SBNY dropped 8.1% to $95.00 in pre-market trading.
  • Etsy, Inc. ETSY shares declined 5.5% to $106.98 in pre-market trading. Etsy recently reported better-than-expected Q4 revenues and said it acquired around 9.5 million new buyers.

Don’t forget to check out our premarket coverage here

  • Credit Suisse Group AG CS shares dropped 4.8% to $2.76 in pre-market trading after the company said it was delaying the annual report after the Securities and Exchange Commission intervention.
  • Rigel Pharmaceuticals, Inc. RIGL fell 4.5% to $1.71 in pre-market trading. Rigel Pharmaceuticals shares gained around 22% on Wednesday after the company reported better-than-expected Q4 results.
  • Pagaya Technologies Ltd. PGY fell 3.8% to $1.01 in pre-market trading.
  • Marathon Digital Holdings, Inc. MARA fell 3.6% to $5.96 in pre-market trading. The company said it has repaid its term loan and terminated its credit facilities with Silvergate Bank.

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