U.S. stock futures were higher this morning, with the Dow futures gaining more than 50 points on Monday.
Shares of New Mountain Finance Corporation NMFC fell sharply in pre-market trading.
B of A Securities analyst Derek Hewett downgraded New Mountain Finance from Buy to Underperform and cut the price target from $11.75 to $10.
New Mountain Finance shares dipped 4.4% to $10.01 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Kindly MD Inc NAKA shares tumbled 37.1% to $1.75 in pre-market trading after dipping 30% on Friday.
- aTyr Pharma Inc ATYR fell 19.7% to $4.84 in pre-market trading after gaining around 15% on Friday.
- GlucoTrack, Inc. GCTK shares dipped 17.4% to $8.73 in pre-market trading. GlucoTrack shares jumped 117% on Friday after the company announced it entered into a purchase agreement with Sixth Borough Capital.
- Hang Feng Technology Innovation Co., Ltd. FOFO declined 17.4% to $10.16 in pre-market trading after gaining 209% on Friday. Hang Feng Technology priced its IPO of 1.375 million ordinary shares at $4 per share.
- Akso Health Group AHG fell 16.4% to $1.60 in pre-market trading after gaining more than 4% on Friday.
- aTyr Pharma, Inc. ATYR declined 13.4% to $5.22 in pre-market trading. aTyr Pharma shares jumped 15% on Friday after Cantor Fitzgerald issued a Buy rating on the stock.
- YD Bio Ltd YDES shares declined 9.1% to $21.00 in pre-market trading after gaining 13% on Friday.
- Angel Studios, Inc. ANGX fell 4.7% to $12.67 in pre-market trading.
- GDS Holdings Limited GDS declined 3.7% to $36.81 in pre-market trading.
- NXP Semiconductors N.V. NXPI fell 3.5% to $211.28 in pre-market trading.
- Texas Instruments Incorporated TXN declined 2.9% to $177.35 in pre-market trading. According to a report by Bloomberg, the Chinese Ministry of Commerce has begun an anti-dumping investigation into some American-made analog IC chips, typically sold by Texas Instruments and Analog Devices.
- Analog Devices, Inc. ADI fell 2.7% to $238.63 in pre-market trading. According to a report by Bloomberg, the Chinese Ministry of Commerce has begun an anti-dumping investigation into some American-made analog IC chips, typically sold by Texas Instruments and Analog Devices.
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