NetScout Systems, Ericsson And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

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

• NetScout Systems, Inc. NTCT shares dipped 23% to $21.24 in pre-market trading after the company reported weak preliminary results for the second quarter and lowered its FY24 guidance.
• Ambrx Biopharma Inc. AMAM declined 13.4% to $9.90 in pre-market trading after declining 19% on Monday. Ambrx Biopharma announced that two abstracts detailing updated safety and efficacy data from the ongoing Phase 1/2 trial, APEX-01, evaluating ARX517 for metastatic castration-resistant prostate cancer (mCRPC) were made available as part of the 2023 European Society of Medical Oncology Congress 2023 meeting.
• Telefonaktiebolaget LM Ericsson ERIC shares fell 5.7% to $4.49 in pre-market trading after the company reported downbeat third-quarter sales.
• SunPower Corporation SPWR shares declined 5.7% to $5.46 in pre-market trading after gaining 3% on Monday.
• Nokia Oyj NOK shares fell 4.4% to $3.44 in pre-market trading.
• Editas Medicine, Inc. EDIT fell 4.3% to $6.95 in pre-market trading.
• Blue Owl Capital Corporation OBDC shares declined 3.1% to $13.42 in pre-market trading.

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