Lyft, BARK And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Author: Lisa Levin | February 10, 2023 07:24am

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

• Lyft, Inc. (NASDAQ:LYFT) shares dipped 33% to $10.87 in pre-market trading after the company issued Q1 revenue guidance below analyst estimates. Several analysts, including, Keybanc, Truist Securities and DA Davidson downgraded the stock following earnings.
• BARK, Inc. (NYSE:BARK) declined 12.5% to $1.7150 in pre-market trading after reporting results for the third quarter.
• SelectQuote, Inc. (NYSE:SLQT) dropped 12.2% to $1.80 in pre-market trading after climbing over 35% on Thursday. SelectQuote recently reported better-than-expected Q2 results and raised the lower end of its FY23 sales guidance above estimates.

Don’t forget to check out our premarket coverage here

• Cipher Mining Inc. (NASDAQ:CIFR) fell 10.9% to $1.35 in pre-market trading after dropping around 10% on Thursday. HC Wainwright & Co. recently upgraded Cipher Mining from Neutral to Buy and raised the price target from $1.5 to $3.
• AMC Entertainment Holdings, Inc. (NYSE:APE) dropped 9.6% to $2.46 in pre-market trading after declining 5% on Thursday.
• Banco Bradesco S.A. (NYSE:BBD) fell 9.4% to $2.40 in pre-market trading. Banco Bradesco posted a 75.9% tumbled in its Q4 net income.
• Zhihu Inc. (NYSE:ZH) fell 8.6% to $1.81 in pre-market trading after gaining over 5% on Thursday.
• HUTCHMED (China) Limited (NASDAQ:HCM) dropped 8% to $16.88 in pre-market trading.

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Posted In: APE BARK BBD CIFR HCM LYFT SLQT ZH