U.S. stock futures were mixed this morning, with the Dow futures gaining around 100 points on Friday.
Shares of Fermi Inc (NASDAQ:FRMI) fell sharply in pre-market trading after the company priced an upsized $375 million convertible senior notes offering with capped call transactions designed to reduce shareholder dilution.
Fermi shares dipped 20.4% to $5.83 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Digital Currency X Technology Inc (NASDAQ:DCX) fell 12.4% to $0.95 in pre-market trading after gaining over 12% on Thursday.
- Clean Energy Fuels Corp (NASDAQ:CLNE) declined 8.8% to $1.96 in pre-market trading. Clean Energy Fuels, last month, appointed Bart Frabotta as COO.
- DoubleVerify Holdings Inc (NYSE:DV) fell 8.6% to $10.73 in pre-market trading after gaining around 5% on Thursday.
- Brookdale Senior Living Inc (NYSE:BKD) fell 6% to $14.37 in pre-market trading.
- PENN Entertainment Inc (NASDAQ:PENN) fell 5.8% to $19.50 in pre-market trading.
- ACM Research Inc (NASDAQ:ACMR) declined 5.6% to $100.04 in pre-market trading after gaining 8% on Thursday.
- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) fell 5.4% to $28.31 in pre-market trading.
- Brookdale Senior Living Inc (NYSE:BKD) declined 5.3% to $14.47 in pre-market trading.
- Lexeo Therapeutics Inc (NASDAQ:LXEO) fell 4.7% to $4.81 in pre-market trading.
- Kopin Corp (NASDAQ:KOPN) fell 4% to $3.92 in pre-market trading after rising around 4% on Thursday.
- Coincheck Group NV (NASDAQ:CNCK) declined 4% to $2.44 in pre-market trading.
- SanDisk Corp (NASDAQ:SNDK) fell 3.4% to $1,796.00 in pre-market trading after gaining around 8% on Thursday.
- Maxlinear Inc (NASDAQ:MXL) declined 3.2% to $92.75 in pre-market trading after jumping 11% on Thursday.
- Delta Air Lines Inc (NYSE:DAL) fell 1.2% to $88.00 in pre-market trading following second-quarter results.
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