Tesla, Li Auto And Other Big Stocks Moving Lower In Monday's Pre-Market Session

Author: Avi Kapoor | April 22, 2024 08:03am

U.S. stock futures were higher this morning, with the Dow futures gaining over 150 points on Monday.

Shares of Tesla, Inc. (NASDAQ:TSLA) fell sharply in today's pre-market trading after the company reduced vehicle prices in the US, Germany and China.

Late Friday after the market closed for the week, Tesla sprang in a surprise by announcing a $2,000 price cut for its U.S. electric-vehicle lineups, excluding the refreshed Model 3 and Cybertruck.

Tesla shares fell 3.6% to $141.82 pre-market trading.

Here are some big stocks recording losses in today's pre-market trading session.

• iLearningEngines, Inc. (NASDAQ:AILE) shares declined 16.4% to $5.75 in pre-market trading after declining 5% on Friday.
• Adlai Nortye Ltd. (NASDAQ:ANL) shares fell 12.7% to $13.97 in pre-market trading after surging 23% on Friday.
• Li Auto Inc. (NASDAQ:LI) fell 7.5% to $24.40 in pre-market trading. Shares of Chinese EV stocks traded lower after Tesla reduced vehicle prices in China.
• Mobile-health Network Solutions (NASDAQ:MNDR) fell 7.4% to $25.26 in pre-market trading after jumping 34% on Friday.
• Coeur Mining, Inc. (NYSE:CDE) shares declined 6.2% to $4.22 in pre-market trading. Shares of precious metals stocks traded lower amid a pullback in the price of gold and silver.
• i-80 Gold Corp. (NYSE:IAUX) shares fell 4.7% to $1.21 in pre-market trading after gaining around 6% on Friday.
• Informatica Inc. (NYSE:INFA) fell 6.4% to $32.94 in pre-market trading following reports suggesting Salesforce’s talks to acquire the company have eased.

Read More: Albertsons Companies, Nucor And 3 Stocks To Watch Heading Into Monday

Posted In: AILE ANL CDE IAUX INFA LI MNDR TSLA