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Asana, Enbridge And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Published 06/09/2023, 11:22
Updated 06/09/2023, 12:40
© Reuters.  Asana, Enbridge And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
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Benzinga - by Lisa Levin, Benzinga Editor.

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

  • Enbridge Inc. (NYSE: ENB) shares dipped 8% to $32.47 in pre-market. Enbridge entered into three separate definitive agreements with Dominion Energy, Inc. to acquire EOG, Questar and PSNC for an aggregate purchase price of $14.0 billion.
  • Enel Chile S.A. (NYSE: ENIC) shares fell 5.4% to $2.95 in pre-market trading after declining around 5% on Tuesday.
  • Hyzon Motors Inc. (NASDAQ: HYZN) shares fell 4.2% to $1.30 in pre-market trading after gaining 6% on Tuesday.
  • Stem, Inc. (NYSE: STEM) shares fell 3.4% to $4.84 in pre-market trading. Morgan Stanley downgraded Stem from Overweight to Equal-Weight and lowered the price target from $12 to $8.
  • 8x8, Inc. (NASDAQ: EGHT) shares declined 3% to $2.91 in pre-market trading. 8x8 recently announced the 8x8 Omni Shield solution, allowing enterprises to proactively safeguard their customers from fraudulent SMS activity.
  • Asana, Inc. (NYSE: ASAN) shares declined 2.5% to $21.10 in pre-market trading. Asana reported upbeat results for its second quarter. The company said it sees FY24 adjusted loss of 42 cents to 39 cents per share and revenues of $642 million to $648 million.
  • Telefónica, S.A. (NYSE: TEF) shares declined 2.6% to $4.07 in pre-market trading. Saudi Telecom Co. bought a stake worth $2.25 billion in Telefónica.
  • Aehr Test Systems (NASDAQ: AEHR) shares fell 2.6% to $50.06 in pre-market trading.

Don’t forget to check out our premarket coverage here

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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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