PacWest Bancorp, Upwork, Tripadvisor And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

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

• PacWest Bancorp PACW tumbled 35% to $4.17 in pre-market trading following a report suggesting the bank may weigh strategic options.
• Option Care Health, Inc. OPCH fell 17.3% to $27.11 in pre-market trading after the company announced a combination with Amedisys.
• Western Alliance Bancorporation WAL dipped 17.2% to $24.30 in pre-market trading. Shares of bank stocks traded lower following a report suggesting PacWest may weigh strategic options including a sale.
• Metropolitan Bank Holding Corp. MCB declined 15.2% to $18.00 in pre-market trading. Shares of bank stocks traded lower following a report suggesting PacWest may weigh strategic options including a sale.
• Reneo Pharmaceuticals, Inc. RPHM shares dropped 14.8% to $8.40 in pre-market trading after the company reported pricing of public offering of common stock.
• Upwork Inc. UPWK fell 11.5% to $7.20 in pre-market trading after the company reduced its full-year outlook and issued second-quarter guidance below analyst estimates.
• Comerica Incorporated CMA dropped 7.3% to $33.00 in pre-market trading. Shares of bank stocks traded lower following a report suggesting PacWest may weigh strategic options including a sale.
• Tripadvisor, Inc. TRIP dropped 6.7% to $15.95 in pre-market trading following Q1 earnings.
• QUALCOMM Incorporated QCOM fell 6.3% to $105.64 in pre-market trading. QUALCOMM reported better-than-expected sales results for its second quarter, but issued weak Q3 guidance.
• Novo Nordisk A/S NVO fell 5.6% to $158.31 in pre-market trading following weak quarterly earnings.

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