U.S. stock futures traded higher this morning on Friday. Here are some big stocks recording losses in today’s pre-market trading session.
- Sirius XM Holdings Inc. SIRI shares dipped 9.8% to $7.05 in pre-market trading after gaining 42% on Thursday. Pivotal Research downgraded Sirius XM from Hold to Sell, while Evercore ISI Group analyst Vijay Jayant downgraded the stock from In-Line to Underperform.
- Enovix Corporation ENVX shares fell 6.2% to $19.76 in pre-market trading. TD Cowen downgraded Enovix from Outperform to Market Perform and raised the price target from $19 to $20.
- Knight-Swift Transportation Holdings Inc. KNX shares declined 5.3% to $52.90 in pre-market trading after the company reported worse-than-expected second-quarter earnings results and cut 2023 EPS outlook.
- CSX Corporation CSX shares fell 5% to $32.01 in pre-market trading. CSX reported in-line earnings for the second quarter, while sales missed expectations.
- Intuitive Surgical, Inc. ISRG shares declined 4.8% to $331.00 in pre-market. Intuitive Surgical reported better-than-expected earnings for its second quarter.
- Alta Equipment Group Inc. ALTG shares fell 4% to $16.69 in pre-market trading after the company reported preliminary Q2 results and announced commencement of public offering of 2 million shares of common stock by an affiliate of B. Riley Financial.
- Novonix Limited NVX shares declined 3% to $2.64 in pre-market trading.
- Blackstone Inc. BX shares fell 2.1% to $105.30 in pre-market trading. Blackstone reported worse-than-expected second-quarter sales results.
Now Read This: AutoNation Likely To Report Lower Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Don’t forget to check out our premarket coverage here
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