Stellantis, MicroStrategy, Bit Digital And Other Big Stocks Moving Lower In Monday's Pre-Market Session

U.S. stock futures were slightly lower this morning, with the Nasdaq futures falling around 0.1% on Monday.

Shares of Stellantis N.V. STLA fell sharply in today's pre-market trading after the company updated its 2024 guidance.

Stellantis said it now expects FY24 operating margin of 5.5%-7.0%, down from its prior double-digit growth expectations.

Stellantis shares dipped 11.6% to $14.20 in pre-market trading.

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

  • Bitdeer Technologies Group BTDR shares dipped 13% to $7.34 in pre-market trading after gaining over 5% on Friday.
  • Corvus Pharmaceuticals Inc CRVS declined 11.6% to $4.55 in today's pre-market trading.
  • Venus Concept Inc VERO shares declined 10.4% to $0.62 in pre-market trading. Venus Concept shares jumped around 20% on Friday after the company announced a $15 million debt-to-equity exchange transaction.
  • Applied Digital Corporation APLD shares fell 8.3% to $7.51 in pre-market trading.
  • Cipher Mining Inc. CIFR shares fell 6.1% to $3.86 in pre-market trading. Northland Capital Markets, last week, initiated coverage on the stock with an Outperform rating and announced a $6 price target.
  • MicroStrategy Incorporated MSTR shares declined 6.1% to $165.51 in pre-market trading amid a decline in Bitcoin prices.
  • Hut 8 Corp. HUT shares fell 5.2% to $12.40 in pre-market trading amid a decline in Bitcoin prices.
  • Bit Digital, Inc. BTBT shares slipped 5.2% to $3.45 in pre-market trading amid a decline in Bitcoin prices.

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