Tesla And Other Big Stocks Moving Lower In Friday's Pre-Market Session

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

  • AGBA Group Holding Limited AGBA shares dropped 13.1% to $4.56 in pre-market trading after jumping over 56% on Thursday.
  • BigBear.ai Holdings, Inc. BBAI fell 8.2% to $2.80 in pre-market trading. BigBear.Ai shares jumped 260% on Thursday after the company announced it has been awarded a multiple award $900 million Indefinite Delivery/Indefinite Quantity contract by the U.S. Air Force..
  • Vuzix Corporation VUZI shares declined 6.4% to $4.57 in pre-market trading after gaining over 5% on Thursday. Vuzix recently received OEM purchase orders from multiple defense and commercial customers.
  • ADC Therapeutics SA ADCT shares fell 6% to $4.89 in pre-market trading after gaining around 22% on Thursday. IntoCell recently entered into development and license option agreement with ADC Therapeutics.

Don’t forget to check out our premarket coverage here

  • Logitech International S.A. LOGI shares declined 3.8% to $54.52 in pre-market trading. Logitech shares dropped around 17% on Thursday after the company reported preliminary Q3 net sales results below guidance and reduced FY23 outlook.
  • Tesla, Inc. TSLA shares dropped 3.5% to $119.27 in pre-market trading. Tesla has drastically cut its vehicle prices in the U.S., with the reductions ranging from 6.4% to 19.7%, amid a slowdown in demand.
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