Boeing, Spirit AeroSystems 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.

  • Meta Materials Inc. MMAT shares dropped 20.2% to $0.3050 in pre-market trading after the company reported a proposed public offering.
  • Spirit AeroSystems Holdings, Inc. SPR dipped 11.6% to $31.46 in pre-market trading. Boeing flagged a delay in deliveries of a significant number of 737 Max jets due to manufacturing issues with its supplier Spirit AeroSystems.
  • Sangamo Therapeutics, Inc. SGMO fell 9.8% to $1.48 in pre-market trading after jumping over 20% on Thursday.
  • Nutex Health Inc. NUTX fell 7.5% to $0.74 in pre-market trading. Nutex Health recently announced it entered into a $100 million pre-paid advance agreement with Yorkville Advisors Global.
  • Lucid Group, Inc. LCID dropped 7.2% to $7.66 in pre-market trading. The company reported first-quarter production and delivery figures, which came in lower than the preceding three months, reported Reuters.

Don’t forget to check out our premarket coverage here

  • The Boeing Company BA shares declined 5.4% to $201.99 in pre-market trading. The company has stopped deliveries of some 737 MAX over a new supplier quality problem by Spirit AeroSystems Holdings that could go back to 2019, reported Reuters.
  • Teva Pharmaceutical Industries Limited TEVA dropped 5% to $8.80 in pre-market trading after the company said that the U.S. FDA issued a complete response letter to its partner Alvotech for the Biologics License Application (BLA) for AVT02, a high-concentration biosimilar candidate for Humira®.
  • ViewRay, Inc. VRAY fell 3.8% to $1.76 in pre-market trading. Stifel downgraded ViewRay from Buy to Hold and lowered the price target from $7 to $1.75.

Now Read This: Wells Fargo Likely To Report Higher Q1 Earnings - Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

 

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