Sky Harbour Group, SolarEdge Technologies And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Tuesday.

Shares of Sky Harbour Group Corporation SKYH fell sharply in today's pre-market trading after the company announced a securities purchase agreement to issue 3,352,106 PIPE shares for net proceeds of about $31.8 million, on a net purchase price of $9.50 per share with potential for additional $63 million by Dec. 2024.

Sky Harbour Group shares dipped 10.9% to $11.80 in pre-market trading.

Here are some big stocks recording losses in today's pre-market trading session.

  • SolarEdge Technologies, Inc. SEDG shares fell 5.6% to $20.72 in pre-market trading after gaining 11% on Monday.
  • Viasat, Inc. VSAT shares tumbled 5% to $12.90 in pre-market trading after jumping 6% on Monday.
  • Guardant Health, Inc. GH shares fell 4.9% to $24.14 in pre-market trading after declining 5% on Monday.
  • SMART Global Holdings, Inc. SGH shares dipped 3.8% to $18.56 in pre-market trading.
  • Instil Bio, Inc. TIL shares fell 3.9% to $61.82 in pre-market trading after dipping 24% on Monday. The company announced the global registrational strategy for the PD-L1xVEGF bispecific antibody SYN-2510/IMM2510 in combination with chemotherapy in front-line non-small cell lung cancer and in front-line triple-negative breast cancer.
  • Fitell Corporation FTEL shares declined 3.5% to $19.90 in pre-market trading after jumping over 30% on Monday.
  • Mitsubishi UFJ Financial Group, Inc. MUFG shares fell 3% to $10.14 in pre-market trading.

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