JetBlue Airways, B. Riley Financial, Hawaiian Electric And Other Big Stocks Moving Lower In Monday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Monday.

Shares of JetBlue Airways Corporation JBLU fell sharply in today's pre-market trading after the company announced a $400 million convertible senior notes offering.

JetBlue Airways shares dipped 5.6% to $5.71 in pre-market trading.

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

• iLearningEngines, Inc. AILE shares declined 25.8% to $4.29 in pre-market trading. ILearningEngines will report financial results for the second quarter before the opening bell on Tuesday, Aug. 13.
• B. Riley Financial, Inc. RILY fell 25% to $12.70 in pre-market trading after the company reported preliminary second-quarter financial results.
• Hawaiian Electric Industries, Inc. HE dipped 7.7% to $14.28 pre-market trading after the company reported weak second-quarter earnings.
• Fortrea Holdings Inc. FTRE fell 6.5% to $23.53 in pre-market trading after the company posted downbeat second-quarter results and lowered its FY24 revenue guidance.  
• Pagaya Technologies Ltd. PGY shares declined 6% to $13.37 in pre-market trading. The company reported second-quarter results on Friday.
• Pacira BioSciences, Inc. PCRX fell 4.4% to $11.18 in pre-market trading. JP Morgan analyst Hardik Parikh downgraded Pacira BioSciences from Overweight to Underweight and lowered the price target from $45 to $10.
• Marathon Digital Holdings, Inc. MARA fell 3.5% to $16.44 as the company announced a proposed private offering of $250 million of convertible senior notes.

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