Benzinga - by Lisa Levin, Benzinga Editor.
U.S. stock futures traded mostly lower this morning on Monday, with the Nasdaq futures falling around 50 points this morning.
Shares of Verve Therapeutics, Inc. (NASDAQ: VERV) fell in pre-market trading after the company announced first human proof-of-concept data for in vivo base editing from the ongoing heart-1 phase 1b clinical trial of VERVE-101.
Verve Therapeutics recently reported a narrower-than-expected loss for its third quarter.
Verve Therapeutics shares fell 14.1% to $13.50 in pre-market trading
Here are some other big stocks recording losses in today’s pre-market trading session.
- Plug Power Inc. (NASDAQ: PLUG) shares tumbled 4.8% to $3.36 in pre-market trading after falling over 40% on Friday. The company reported disappointing third-quarter results and issued a going concern warning.
- Instacart (Maplebear Inc.) (NASDAQ: CART) shares declined 4.7% to $24.02 in pre-market trading after gaining 3% on Friday. Maplebear reported third-quarter total revenue of $7.494 billion, up 6% year-over-year.
- Henry Schein, Inc. (NASDAQ: HSIC) fell 4% to $61.50 in pre-market trading after reporting third-quarter results.
- ICL Group Ltd (NYSE: ICL) shares dropped 3.5% to $4.72 in pre-market trading. ICL Group recently posted better-than-expected quarterly earnings.
- Hut 8 Mining Corp. (NASDAQ: HUT) shares fell 3.2% to $2.10 in pre-market trading. U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp (USBTC) said it is moving forward with its all-stock merger with Hut 8.
- Microvast Holdings, Inc. (NASDAQ: MVST) fell around 3% to $1.35 in pre-market trading. Microvast said third-quarter revenue increased 107.5% year-over-year to $80.1 million, which beat the consensus estimate of $76.244 million.
- AudioCodes Ltd. (NASDAQ: AUDC) fell 2.5% to $9.59 in pre-market trading.
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