NIO, Rocket Lab USA And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Author: Lisa Levin | September 19, 2023 05:59am

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

Rocket Lab USA, Inc. (NASDAQ:RKLB) shares dipped 18.8% to $4.09 in pre-market trading as the company's 41st mission succumbs to technical issues, prompting it to postpone its next mission and revise its third-quarter guidance.
Terran Orbital Corporation (NYSE:LLAP) shares declined 14.8% to $1.21 in pre-market trading after the company priced its previously announced public offering of 23.2 million shares and warrants to purchase up to 23.2 million shares at a combined public offering price of $1.40 per share and accompanying warrant.
Equinox Gold Corp. (NYSE:EQX) shares slipped 10.3% to $4.70 in pre-market trading after the company reported a bought deal offering of convertible senior notes.
Better Home & Finance Holding Company (NASDAQ:BETR) shares declined 4.5% to $0.6305 in pre-market trading after gaining around 4% on Monday.
NIO Inc. (NYSE:NIO) shares fell 4.4% to $9.86 in pre-market trading after the company announced a proposed offering of $1 billion convertible senior notes.
FREYR Battery (NYSE:FREY) shares declined 4.2% to $5.29 in pre-market trading.
Arm Holdings plc (NYSE:ARM) shares fell 1.9% to $56.90 in pre-market trading after declining 4.5% on Monday. Redburn Atlantic initiated coverage on ARM Holdings with a Neutral rating and announced a price target of $50.