Micron, Lexicon Pharmaceuticals And Some Other Big Stocks Moving Lower In Today's Pre-Market Session

U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading session.

• Westrock Coffee Company, LLC WEST shares tumbled 10.9% to $11.90 in pre-market trading after gaining 10% on Wednesday.
• Lexicon Pharmaceuticals, Inc. LXRX tumbled 8.4% to $1.74 in pre-market trading after the company reported topline results from Phase 2 proof-of-concept study of LX9211 in postherpetic neuralgia. The company said primary endpoint was not met.
• Opendoor Technologies Inc. OPEN shares dipped 7.8% to $1.05 in pre-market trading after dropping around 10% on Wednesday.
• Taboola.com Ltd. TBLA declined 6% to $2.50 in pre-market trading after gaining 5% on Wednesday.

Don’t forget to check out our premarket coverage here

• trivago N.V. TRVG dropped 4.5% to $1.27 in pre-market trading.
• IAMGOLD Corporation IAG fell 3.8% to $2.26 in pre-market trading.
• IAMGOLD recently announced a transaction with Sumimoto Metal Mining to provide up to $340 million in additional funding to the contruction of the Côté Gold Project.
• Inovio Pharmaceuticals, Inc. INO fell 3.6% to $1.61 in pre-market trading.
• Micron Technology, Inc. MU dropped 2.9% to $49.70 in pre-market trading after the company reported downbeat results for its first quarter and issued weak earnings forecast for the second quarter. The company also announced plans to lay off 10% of its workforce next year.

Check This Out: Market Volatility Drops Further Following Rebound In US Consumer Confidence .