U.S. stock futures were mostly higher this morning, with the Nasdaq futures gaining by around 100 points on Monday. However, not all stocks were on the rise as some big names recorded losses in today’s pre-market trading session.
One notable stock that took a hit was Logitech International S.A. (LOGI), whose shares fell by 4.8% to $90.14 in pre-market trading. The decline came after Logitech announced the departure of CFO Chuck Boynton and reaffirmed its 2024 financial outlook.
Other stocks that saw losses in pre-market trading include B. Riley Financial, Inc. (RILY), Nanobiotix S.A. (NBTX), Shift4 Payments, Inc. (FOUR), AlTi Global, Inc. (ALTI), Li Auto Inc. (LI), Geron Corporation (GERN), and Sibanye Stillwater Limited (SBSW). These companies experienced declines ranging from 3.8% to 11% due to various factors like missed deadlines, valuation concerns, and quarterly performance.
Investors are keeping a close eye on these developments as they navigate the volatile market conditions. It is essential to stay informed about the latest news and updates to make informed investment decisions.
As always, it is important to conduct thorough research and seek advice from financial experts before making any investment decisions. Stay tuned for more updates on the stock market and financial news.
Now Read This: Investor Sentiment Falls Further, S&P 500 Records Second Weekly Loss. Don’t forget to check out our premarket coverage here.
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