Charter Communications, Braze And Some Other Big Stocks Moving Lower In Today's Pre-Market Session

Author: Lisa Levin | December 14, 2022 08:53am

U.S. stock futures traded slightly higher this morning. Here are some big stocks recording losses in today’s pre-market trading session.

• iQIYI, Inc. (NASDAQ:IQ) shares dipped 14.1% to $3.31 in pre-market trading after gaining over 9% on Tuesday.
• 111, Inc. (NASDAQ:YI) dropped 7.6% to $3.43 in pre-market trading. The company recently posted a narrower loss for its third quarter.
• Charter Communications, Inc. (NASDAQ:CHTR) fell 6.1% to $369.00 in pre-market trading after it communicated an increase in 2023 capital expenditures at its analyst day held on Tuesday.
• QuantumScape Corporation (NYSE:QS) declined 5.9% to $6.67 in pre-market trading. Goldman Sachs downgraded QuantumScape from Neutral to Sell and lowered the price target from $8 to $5.
• Seres Therapeutics, Inc. (NASDAQ:MCRB) dropped 5.3% to $6.32 in pre-market trading. The company, last month, posted downbeat quarterly results.

Don’t forget to check out our premarket coverage here .

• Braze, Inc. (NYSE:BRZE) fell 4.8% to $27.50 in pre-market trading. Braze reported better-than-expected sales results for its third quarter and issued strong forecast for FY23.
• Gran Tierra Energy Inc. (NYSE:GTE) dropped 4.8% to $0.90 in pre-market trading. Gran Tierra Energy recently announced its 2023 capital budget and production guidance.

Also check out this Market Volatility Drops Sharply Ahead Of Fed's Rate Decision.

Posted In: BRZE CHTR GTE IQ MCRB QS YI