U.S. stock futures traded mixed this morning on Monday. Here are some big stocks recording losses in today’s pre-market trading session.
- Citius Pharmaceuticals, Inc. (NASDAQ:CTXR) shares dipped 9% to $1.02 in pre-market trading after the company received FDA Complete Response Letter for Lymphir (Denileukin Diftitox) for relapsed/refractory cutaneous T-cell lymphoma.
- American Assets Trust, Inc. (NYSE:AAT) shares declined 7% to $20.84 in pre-market trading. American Assets Trust recently posted upbeat second-quarter sales.
- Gaotu Techedu Inc. (NYSE:GOTU) shares declined 5.4% to $4.18 in pre-market trading after jumping 14% on Friday.
- Westlake Chemical Partners LP (NYSE:WLKP) shares fell 4.5% to $22.01 in pre-market trading. Westlake Chemical Partners is expected to release its second quarter 2023 earnings on Aug. 3, 2023.
- XPeng Inc. (NYSE:XPEV) shares fell 4.5% to $22.35 in pre-market trading. Jefferies recently upgraded the stock from Hold to Buy and raised its price target from $7.8 to $25.3.
- SIGA Technologies, Inc. (NASDAQ:SIGA) shares declined 4.2% to $5.30 in pre-market trading. SIGA shares gained around 9% on Friday after the company announced a $138 million US government contract for oral and IV TPOXX treatment.
- CSX Corporation (NASDAQ:CSX) shares fell 3.6% to $32.60 in pre-market trading. RBC Capital downgraded CSX from Outperform to Sector Perform and announced a $35 price target.
- Niu Technologies (NASDAQ:NIU) shares slipped 3.5% to $4.14 in pre-market trading. Niu Technologies is expected to report its financial results for the second quarter on Aug. 14, 2023.
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