Micron, Concentrix And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Author: Lisa Levin | September 28, 2023 07:21am

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

Workday, Inc. (NASDAQ:WDAY) shares dipped 10.1% to $207.61 in pre-market trading after the company reduced its subscription revenue growth guidance at an investor presentation. Piper Sandler maintained Workday with an Overweight and lowered the price target from $288 to $275.
Opera Limited (NASDAQ:OPRA) shares fell 6.1% to $13.81 in pre-market trading after the company reported a proposed secondary follow-on public offering of 6.87 million American Depositary Shares.
Concentrix Corporation (NASDAQ:CNXC) shares fell 5.5% to $69.93 in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued weak fourth-quarter adjusted earnings guidance.
Micron Technology, Inc. (NASDAQ:MU) shares fell 5% to $64.80 in pre-market trading. Micron posted upbeat results for its fourth quarter. However, the company said it sees a wider than expected loss for the first quarter.
Cool Company Ltd. (NYSE:CLCO) shares fell 2.7% to $13.54 in pre-market trading.
Wheels Up Experience Inc. (NYSE:UP) fell 2.7% to $2.18 in pre-market trading after gaining around 7% on Wednesday.
Li Auto Inc. (NASDAQ:LI) shares fell 2.6% to $34.05 in pre-market trading. Li Auto announced termination of the US ATM offering.