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Luminar Technologies, EHang Holdings And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Benzinga ·  Mar 22, 2023 19:10

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

  • Luminar Technologies, Inc. (NASDAQ:LAZR) shares dropped 6.9% to $7.20 in pre-market trading. Goldman Sachs downgraded Luminar Technologies from Neutral to Sell and announced a $5 price target.
  • EHang Holdings Limited (NASDAQ:EH) fell 3.9% to $9.00 in pre-market trading after reporting weak Q4 results.
  • Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) fell 3% to $1.31 in pre-market trading after gaining around 9% on Tuesday. Ginkgo Bioworks recently posted upbeat quarterly results.

Don't forget to check out our premarket coverage here

  • WeWork Inc. (NYSE:WE) fell 2.9% to $1.04 in pre-market trading after jumping 10% on Tuesday. WeWork recently announced an agreement to reduce its net debt and extend $1.6 billion in remaining debt maturities to August 2027.
  • Mattel, Inc. (NASDAQ:MAT) dropped 2.6% to $16.25 in pre-market trading. Mattel recently announced plans to launch a Mattel publishing imprint, the company's own publishing platform.
  • Adaptive Biotechnologies Corporation (NASDAQ:ADPT) dropped 2.4% to $8.15 in pre-market trading after gaining 4% on Tuesday. Adaptive Biotechnologies, last month, reported better-than-expected Q4 EPS results.
  • AutoNation, Inc. (NYSE:AN) dropped 2.4% to $126.78 in pre-market trading. AutoNation, last month, reported better-than-expected Q4 adjusted results.

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