Micron, Concentrix And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

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

• Workday, Inc. WDAY shares dipped 10.1% to $207.61 in pre-market trading after the company reduced its subscription revenue growth guidance at an investor presentation. Piper Sandler maintained Workday with an Overweight and lowered the price target from $288 to $275.
• Opera Limited OPRA shares fell 6.1% to $13.81 in pre-market trading after the company reported a proposed secondary follow-on public offering of 6.87 million American Depositary Shares.
• Concentrix Corporation CNXC shares fell 5.5% to $69.93 in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued weak fourth-quarter adjusted earnings guidance.
• Micron Technology, Inc. MU shares fell 5% to $64.80 in pre-market trading. Micron posted upbeat results for its fourth quarter. However, the company said it sees a wider than expected loss for the first quarter.
• Cool Company Ltd. CLCO shares fell 2.7% to $13.54 in pre-market trading.
• Wheels Up Experience Inc. UP fell 2.7% to $2.18 in pre-market trading after gaining around 7% on Wednesday.
• Li Auto Inc. LI shares fell 2.6% to $34.05 in pre-market trading. Li Auto announced termination of the US ATM offering.

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