U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Monday.
Shares of JetBlue Airways Corporation (NASDAQ:JBLU) fell sharply in today's pre-market trading after the company announced a $400 million convertible senior notes offering.
JetBlue Airways shares dipped 5.6% to $5.71 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
- iLearningEngines, Inc. (NASDAQ:AILE) shares declined 25.8% to $4.29 in pre-market trading. ILearningEngines will report financial results for the second quarter before the opening bell on Tuesday, Aug. 13.
- B. Riley Financial, Inc. (NASDAQ:RILY) fell 25% to $12.70 in pre-market trading after the company reported preliminary second-quarter financial results.
- Hawaiian Electric Industries, Inc. (NYSE:HE) dipped 7.7% to $14.28 pre-market trading after the company reported weak second-quarter earnings.
- Fortrea Holdings Inc. (NASDAQ:FTRE) fell 6.5% to $23.53 in pre-market trading after the company posted downbeat second-quarter results and lowered its FY24 revenue guidance.
- Pagaya Technologies Ltd. (NASDAQ:PGY) shares declined 6% to $13.37 in pre-market trading. The company reported second-quarter results on Friday.
- Pacira BioSciences, Inc. (NASDAQ:PCRX) fell 4.4% to $11.18 in pre-market trading. JP Morgan analyst Hardik Parikh downgraded Pacira BioSciences from Overweight to Underweight and lowered the price target from $45 to $10.
- Marathon Digital Holdings, Inc. (NASDAQ:MARA) fell 3.5% to $16.44 as the company announced a proposed private offering of $250 million of convertible senior notes.
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