First Republic Bank, Cleveland-Cliffs And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

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

• First Republic Bank FRC shares dipped 21.2% to $12.59 in pre-market after the company announced a decline in deposits for the first quarter and said it will reduce its workforce by 20-25%.
• Mullen Automotive, Inc. MULN shares fell 6% to $0.0905 in pre-market trading after dropping around 7% on Monday. The company announced that it will begin executing on a previously awarded contract for the government.
• Hims & Hers Health, Inc. HIMS shares declined 5.2% to $11.20 in pre-market trading. Hims & Hers Health is expected to report Q1 financial results on May 8, 2023.
• Getty Images Holdings, Inc. GETY dropped 4.8% to $6.31 in pre-market trading. Getty Images shares jumped 31% on Monday after Trillium Capital issued a proposal to acquire the company for $10 per share.

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• Nutex Health Inc. NUTX shares dropped 4.8% to $0.59 in pre-market trading after declining around 7% on Monday. Nutex Health recently entered into a $100 million pre-paid advance agreement with Yorkville Advisors Global.
• WeWork Inc. WE shares declined 4.6% to $0.45 in pre-market trading after adding around 5% on Monday.
• International Paper Company IP fell 3.7% to $35.05 in pre-market trading. International Paper is expected to release first-quarter 2023 earnings on April 27, 2023.
• Deutsche Bank Aktiengesellschaft DB shares dropped 3.1% to $10.65 in pre-market trading.
• Cleveland-Cliffs Inc. CLF shares fell around 2% to $15.90 in pre-market trading after the company reported Q1 results and lowered its full-year 2023 capital expenditures expectation.

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