Intuitive Surgical, Microsoft And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

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

  • Precigen, Inc. PGEN shares dipped 18.3% to $1.79 in pre-market trading after the company reported pricing of $75.0 million public offering of common stock.
  • Intuitive Surgical, Inc. ISRG dropped 7.7% to $237.90 in pre-market after the company reported weaker-than-expected results for its fourth quarter on Tuesday.
  • MicroCloud Hologram Inc. HOLO shares declined 6.3% to $11.70 in pre-market trading after declining around 4% on Tuesday.

Don’t forget to check out our premarket coverage here

  • Borr Drilling Limited BORR shares dropped 5.5% to $5.38 in pre-market trading after the company updated its 2022 and 2023 guidance.
  • Hut 8 Mining Corp. HUT fell 5.1% to $1.88 in pre-market trading.
  • Block, Inc. SQ shares declined 3.5% to $77.95 in pre-market trading. Block is expected to release financial results for the fourth quarter on Thursday, Feb. 23, 2023.
  • Marathon Digital Holdings, Inc. MARA dropped 3.5% to $8.49 in pre-market trading.
  • Microsoft Corporation MSFT shares fell 1.6% to $238.27 in pre-market trading. Microsoft reported better-than-expected earnings for its second quarter, while sales missed estimates. The company also issued disappointing guidance.

Now Read This: Investor Optimism Declines Following Earnings Reports

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