U.S. stock futures traded lower this morning on Tuesday. Here are some big stocks recording losses in today’s pre-market trading session.
- NetScout Systems, Inc. (NASDAQ:NTCT) shares dipped 23% to $21.24 in pre-market trading after the company reported weak preliminary results for the second quarter and lowered its FY24 guidance.
- Ambrx Biopharma Inc. (NASDAQ:AMAM) declined 13.4% to $9.90 in pre-market trading after declining 19% on Monday. Ambrx Biopharma announced that two abstracts detailing updated safety and efficacy data from the ongoing Phase 1/2 trial, APEX-01, evaluating ARX517 for metastatic castration-resistant prostate cancer (mCRPC) were made available as part of the 2023 European Society of Medical Oncology Congress 2023 meeting.
- Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) shares fell 5.7% to $4.49 in pre-market trading after the company reported downbeat third-quarter sales.
- SunPower Corporation (NASDAQ:SPWR) shares declined 5.7% to $5.46 in pre-market trading after gaining 3% on Monday.
- Nokia Oyj (NYSE:NOK) shares fell 4.4% to $3.44 in pre-market trading.
- Editas Medicine, Inc. (NASDAQ:EDIT) fell 4.3% to $6.95 in pre-market trading.
- Blue Owl Capital Corporation (NYSE:OBDC) shares declined 3.1% to $13.42 in pre-market trading.
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