Liquidia, Shake Shack And Other Big Stocks Moving Lower In Monday's Pre-Market Session
Author: Avi Kapoor | August 19, 2024 08:27am
U.S. stock futures were slightly higher this morning, with the S&P 500 futures gaining around 0.1% on Monday.
Shares of Liquidia Corporation (NASDAQ:LQDA) fell sharply in today's pre-market trading.
The company announced that the FDA granted tentative approval of YUTREPIA inhalation powder to treat adults with pulmonary arterial hypertension and pulmonary hypertension associated with interstitial lung disease.
Liquidia shares dipped 36.3% to $8.98 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
- YXT.COM GROUP HOLDING LIMITED (NASDAQ:YXT) shares dipped 15.5% to $8.47 in pre-market trading after declining around 9% on Friday.
- Mereo BioPharma Group plc – ADR (NASDAQ:MREO) shares declined 14.8% to $0.5609 in today's pre-market trading after gaining 6% on Friday. Mereo BioPharma Group, last week, reported a quarterly loss of 2 cents per share.
- BW LPG Limited (NYSE:BWLP) shares declined 4.5% to $15.25 in pre-market trading.
- Shake Shack Inc. (NYSE:SHAK) fell 3.6% to $103.51. Piper Sandler analyst Brian Mullan downgraded Shake Shack from Overweight to Neutral.
- Serve Robotics Inc. (NASDAQ:SERV) shares fell 3.1% to $10.81 in pre-market trading. Serve Robotics, last week, announced a partnership with Shake Shack to deliver products using autonomous delivery robots through Uber Eats.
- Himalaya Shipping Ltd. (NYSE:HSHP) shares fell 3% to $7.29 in pre-market trading.
- Applied Digital Corp (NASDAQ:APLD) shares fell 2.7% to $3.90.
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Posted In: APLD BWLP HSHP LQDA MREO SERV SHAK YXT