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Silk Road Medical, E2open And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Published 11/10/2023, 11:00
Updated 11/10/2023, 12:10
© Reuters.  Silk Road Medical, E2open 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 higher this morning on Wednesday. Here are some big stocks recording losses in today’s pre-market trading session.

  • Silk Road Medical, Inc (NASDAQ: SILK) shares fell 38.5% to $8.61 in pre-market trading after the company announced preliminary third-quarter revenue results below estimates and issued FY23 revenue guidance below estimates.
  • Fresenius Medical Care AG & Co. KGaA (NYSE: FMS) shares tumbled 18.2% to $17.14 in pre-market trading.
  • DaVita Inc. (NYSE: DVA) shares tumbled 16.5% to $76.23 in pre-market. Rockwell Medical said on Sept. 18, that the company and Davita entered into an amended and restated products purchase agreement.
  • E2open Parent Holdings, Inc. (NYSE: ETWO) shares dipped 15.3% to $3.72 in pre-market trading as the company posted downbeat results for its second quarter and named Andrew Appel as interim CEO, effective immediately.
  • Hyliion Holdings Corp. (NYSE: HYLN) shares declined 14.2% to $1.02 in pre-market trading after the company announced strategic review of alternatives for Electric Powertrain Business.
  • Outset Medical, Inc. (NASDAQ: OM) fell 9.8% to $8.74 in pre-market trading.
  • Baxter International Inc. (NYSE: BAX) shares declined 8.7% to $34.06 in pre-market trading. Baxter International named Joel Grade as executive vice president and chief financial officer.
  • Polestar Automotive Holding UK PLC (NASDAQ: PSNY) shares fell 6.9% to $2.70 in pre-market trading. Polestar filed for mixed shelf of up to $1 billion.
  • Hut 8 Mining Corp. (NYSE: HUT) shares declined 5% to $1.90 in pre-market trading.
  • Northern Oil and Gas, Inc. (NYSE: NOG) fell 4% to $39.19 in pre-market trading as the company priced public offering of 6.5 million common shares for gross proceeds of $252.7 million.
Now Read This: Investor Worries Ease Amid Falling Treasury Yields But Stay In 'Fear' Zone

Don’t forget to check out our premarket coverage here

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

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