Nikola, Tesla And Other Big Stocks Moving Lower In Wednesday'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.

• Advanced Health Intelligence Ltd. AHI shares declined 11.9% to $5.02 in pre-market trading. Bank of New York Mellon raised stake in Advanced Health Intelligence from 21.08% to 22.52%.
• Canopy Growth Corporation CGC shares dropped 10% to $0.5313 in pre-market trading. Canopy Growth shares gained 52% on Monday after the company announced it completed all conversions pursuant to the $100 million convertible debentures and provided an update to its balance sheet actions taken to date.
• Nikola Corporation NKLA shares fell 8.8% to $1.25 in pre-market trading after the company reported it would liquidate assets of Romeo Power.
• Kingsoft Cloud Holdings Limited KC shares dropped 4.8% to $5.94 in pre-market trading.
• Rackspace Technology, Inc. RXT shares fell 3.8% to $2.53 in pre-market trading following a 3% drop on Monday.
• NOW Inc. DNOW shares declined 3.5% to $10.12 in pre-market trading.
• MicroVision, Inc. MVIS shares dropped 3.4% to $4.34 in pre-market trading.
• Tesla, Inc. TSLA shares slipped 1.1% to $276.73 in pre-market trading. Tesla reported a sharp increase in China sales for the month of June. The company delivered 93,680 units of Giga Shanghai-made cars in June, according to data from the China Passenger Car Association, which represents a 18.72% increase from a year-ago and 20.57% growth from April’s sales. Data released by the Elon Musk-led company showed that it delivered 466,140 units globally in the quarter.

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