Ericsson, Lexeo Therapeutics And Other Big Stocks Moving Lower In Tuesday’s Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.2% on Tuesday.

Shares of Telefonaktiebolaget LM Ericsson – ADR (NASDAQ:ERIC) fell sharply in pre-market trading.

Morgan Stanley analyst Terrance Tsul downgraded the stock from Equal-Weight to Underweight and slashed the price target from $11 to $9.

Ericsson shares dipped 4.3% to $9.81 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

• Quest Diagnostics Inc (NYSE:DGX) shares dipped 6.1% to $230.00 in pre-market trading.
• Rambus Inc (NASDAQ:RMBS) declined 6% to $91.15 in pre-market trading after jumping around 11% on Monday.
• Metalla Royalty & Streaming Ltd (NYSE:MTA) fell 5.4% to $9.60 in pre-market trading.
• Alight Inc (NYSE:ALIT) declined 5.4% to $11.27 in pre-market trading.
• Lexeo Therapeutics Inc (NASDAQ:LXEO) fell 5.4% to $3.86 in pre-market trading. Lexeo Therapeutics announced a deal to acquire Mantle Therapeutics and announced multiple new strategic collaborations to expand leadership in Friedreich Ataxia.
• Labcorp Holdings Inc (NYSE:LH) dipped 5.2% to $304.37 in pre-market trading.
• Grayscale Digital Large Cap Fund LLC (NYSE:GDLC) fell 4.4% to $38.04 in pre-market trading after gaining 6% on Monday.
• Incyte Corp (NASDAQ:INCY) fell 3.5% to $120.35 in pre-market trading.

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