Kosmos Energy, Range Resources And Other Big Stocks Moving Lower In Monday'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.

  • TEGNA Inc. TGNA shares dipped 24% to $16.61 in pre-market trading after the Federal Communications Commission announced plans to hold a hearing on Standard General's bid for Tegna.
  • Ocean Biomedical, Inc. OCEA shares tumbled 13.9% to $8.60 in pre-market trading after dropping over 7% on Friday. Ocean Biomedical recently 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%.
  • Taboola.com Ltd. TBLA dropped 7% to $3.07 in pre-market trading. Taboola.com shares dropped 19% on Friday after the company reported Q4 financial results.
  • ETAO International Co., Ltd. ETAO shares tumbled 5.6% to $3.20 in pre-market trading after dropping more than 10% on Friday.

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  • Berry Corporation BRY fell 5.1% to $8.97 in pre-market trading. Berry, last week, reported better-than-expected Q4 results.
  • Kosmos Energy Ltd. KOS declined 5% to $7.18 in pre-market trading after posting results for its fourth quarter. The company said it sees Q1 capex of $200 million to $225 million.
  • Range Resources Corporation RRC shares fell 4.8% to $26.89 in pre-market trading. Pioneer National Resources is considering acquisition of Range Resources, Bloomberg reported. However, Pioneer Natural Resources, in response to an earlier Bloomberg report, said that is not contemplating a significant business combination or other acquisition transaction.
  • Open Lending Corporation LPRO dropped 3% to $6.44 in pre-market trading after dipping 23% on Friday. Open Lending reported worse-than-expect4ed Q4 EPS and sales results.

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