Melco, Ardelyx And Some Other Big Stocks Moving Lower In Today's Pre-Market Session


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

  • Cosmos Health Inc. COSM shares dipped 37.7% to $14.33 in pre-market trading. Cosmos Health recently announced a 1-for-25 reverse stock split.
  • MasterBrand, Inc. MBC dropped 11.5% to $8.22 in pre-market trading after jumping over 20% on Friday.
  • Ardelyx, Inc ARDX declined 8.7% to $1.79 in pre-market trading after the company issued an update regarding the appeal to the Complete Response Letter for the New Drug Application for XPHOZAH.
  • Mullen Automotive, Inc. MULN dropped 8.2% to $0.2770 in pre-market trading. Mullen Automotive recently announced it received a purchase order from Randy Marion Automotive Group for 6,000 Class 1 EV cargo vans.
  • IAMGOLD Corporation IAG fell 7.8% to $1.76 in pre-market trading.
  • BioVie Inc. BIVI dropped 6.1% to $12.56 in pre-market trading after gaining 5% on Friday.

Don’t forget to check out our premarket coverage here .

  • Genius Sports Limited GENI fell 5.5% to $3.75 in pre-market trading after dropping over 5% on Friday.
  • GDS Holdings Limited GDS dropped 5.4% to $18.91 in pre-market trading.
  • Melco Resorts & Entertainment Limited MLCO declined 4.8% to $11.45 in pre-market trading. Melco disclosed further details of gaming concession.

Also check out this Bright Health And 2 Other Stocks Under $1 Insiders Are Aggressively Buying .

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!