BigCommerce, ContextLogic And Other Big Stocks Moving Lower In Friday'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.

  • Nektar Therapeutics NKTR shares dropped 39.2% to $1.80 in pre-market trading after the company reported Phase 2 topline data for rezpegaldesleukin in patients with systemic lupus erythematosus.
  • Ocean Biomedical Inc OCEA tumbled 17.1% to $8.95 in pre-market trading. Ocean Biomedical shares jumped around 125% on Thursday after the company issued a press release celebrating the discovery of bispecific antibodies and immune checkpoint inibitors that kill glioblastoma cells and melanoma cells and block the metastasis of malignant melanoma cells to the lung by over 90%.
  • Bigcommerce Holdings Inc BIGC shares dipped 16.6% to $9.45 in pre-market trading after the company reported downbeat Q4 sales and issued weak sales forecast.
  • ContextLogic Inc WISH shares declined 12.5% to $0.62 in pre-market trading after the company reported worse-than-expected fourth-quarter sales results.
  • Opendoor Technologies Inc OPEN shares dropped 5% to $1.73 in pre-market trading after reporting Q4 results.
  • Galapagos NV – ADR GLPG dropped 5% to $37.65 in pre-market trading after reporting full year 2022 results.
  • NetEase Inc NTES shares fell 4.7% to $79.00 in pre-market trading. NetEase, on Thursday, reported worse-than-expected fourth-quarter adjusted EPS and sales results.
  • Carvana Co CVNA shares declined 4.3% to $9.65 in pre-market trading following downbeat quarterly sales.
  • Gold Fields Limited GFI shares dropped 4.3% to $9.03 in pre-market trading. Gold Fields reported a rise in FY adjusted EPS.
  • DISH Network Corp DISH fell 3% to $13.35 in pre-market trading. DISH Network, on Thursday, reported a fourth-quarter FY22 revenue decline of 9.2% year-on-year to $4.04 billion, missing the consensus estimate of $4.15 billion.

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