Liquidia, Shake Shack And Other Big Stocks Moving Lower In Monday's Pre-Market Session

U.S. stock futures were slightly higher this morning, with the S&P 500 futures gaining around 0.1% on Monday.

Shares of Liquidia Corporation LQDA fell sharply in today's pre-market trading.

The company announced that the FDA granted tentative approval of YUTREPIA inhalation powder to treat adults with pulmonary arterial hypertension and pulmonary hypertension associated with interstitial lung disease.

Liquidia shares dipped 36.3% to $8.98 in pre-market trading.

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

• YXT.COM GROUP HOLDING LIMITED YXT shares dipped 15.5% to $8.47 in pre-market trading after declining around 9% on Friday.
• Mereo BioPharma Group plc – ADR MREO shares declined 14.8% to $0.5609 in today's pre-market trading after gaining 6% on Friday. Mereo BioPharma Group, last week, reported a quarterly loss of 2 cents per share.
• BW LPG Limited BWLP shares declined 4.5% to $15.25 in pre-market trading.
• Shake Shack Inc. SHAK fell 3.6% to $103.51. Piper Sandler analyst Brian Mullan downgraded Shake Shack from Overweight to Neutral.
• Serve Robotics Inc. SERV shares fell 3.1% to $10.81 in pre-market trading. Serve Robotics, last week, announced a partnership with Shake Shack to deliver products using autonomous delivery robots through Uber Eats.
• Himalaya Shipping Ltd. HSHP shares fell 3% to $7.29 in pre-market trading.
• Applied Digital Corp APLD shares fell 2.7% to $3.90.

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