United Airlines, Interactive Brokers And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Author: Lisa Levin | October 18, 2023 06:05am

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

BGC Group, Inc. (NASDAQ:BGC) shares fell 6.2% to $ 5.60 in pre-market trading after gaining over 1% on Tuesday.
Genmab A/S (NASDAQ:GMAB) declined 5.6% to $30.13 in pre-market trading. Genmab reported third-quarter net sales of $2.5 billion for DARZALEX (Daratumumab).
United Airlines Holdings, Inc. (NASDAQ:UAL) shares fell 4.9% to $38.15 in pre-market trading following third-quarter results. The company said it sees fourth-quarter earnings of $1.50 to $1.80 per share and revenue up 9.5% to 10%, depending on how long Tel Aviv flights are suspended. If flights are only suspended through October, the company expects results to come in at the high end of the issued ranges, but if suspended until the end of the year, it sees fourth-quarter figures to be near the low end of the issued ranges.
AstraZeneca PLC (NASDAQ:AZN) shares fell 3.1% to $67.13 in pre-market trading. The National Medical Products Administration Of China Approved Astrazeneca's Soliris (Eculizumab) for neuromyelitis optica spectrum disorder in patients with anti-aquaporin-4 antibody positive.
Interactive Brokers Group, Inc. (NASDAQ:IBKR) fell 2.9% to $83.99 in pre-market trading after reporting third-quarter results.
Lithium Americas Corp. (NYSE:LAC) shares declined 2.7% to $8.85 in pre-market trading. Deutsche Bank downgraded Lithium Americas from Buy to Hold and lowered the price target from $25 to $7.
Baidu, Inc. (NASDAQ:BIDU) shares declined 2.7% to $116.51 in pre-market trading. Baidu launched the upgraded version of its Ernie bot with V4.0.