La-Z-Boy, FedEx And Other Big Stocks Moving Lower In Wednesday’s Pre-Market Session - Cabaletta Bio (NASDAQ:CABA)

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

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

Zura Bio Limited (NASDAQ:ZURA) shares tumbled 7.7% to $11.82 in pre-market trading after jumping 35% on Tuesday.
Cabaletta Bio, Inc. (NASDAQ:CABA) shares dipped 7.6% to $11.48 in pre-market trading after dropping 5% on Tuesday.
Youdao, Inc. (NYSE:DAO) shares fell 6.4% to $4.52 in pre-market trading after dropping over 7% on Tuesday.
La-Z-Boy Incorporated (NYSE:LZB) shares dropped 5.3% to $26.00 in pre-market trading. La-Z-Boy announced better-than-expected earnings for its fourth quarter, but issued weak sales forecast for the current quarter.
Kingsoft Cloud Holdings Limited (NASDAQ:KC) shares declined 3.7% to $6.22 in pre-market trading. Kingsoft Cloud recently reported share purchase by Vice Chairman and Chief Executive Officer.
FedEx Corporation (NYSE:FDX) shares fell 2.9% to $225.02 in pre-market trading. FedEx reported better-than-expected earnings for its fourth quarter, while sales missed estimates. The company announced that its executive vice president and CFO Michael Lenz will retire from his role, effective July 31.
Cano Health, Inc. (NYSE:CANO) shares slipped 2.8% to $1.38 in pre-market trading. Cano Health shares gained around 14% on Tuesday after the company announced Dr. Marlow Hernandez agreed to step down as CEO, and has appointed Mark Kent as interim CEO.