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

Benzinga · 02/10 12:25
U.S. stock futures were higher this morning, with the Dow Jones futures gaining around 150 points on Monday.
Shares of Tesla, Inc (NASDAQ:TSLA) fell in today's pre-market trading.
Tesla CEO Elon Musk and Vice President of Finance Sendil Palani addressed allegations of the EV company evading taxes in posts on X over the weekend. The company did not evade tax but carried it forward as per an Internal Revenue Service (IRS) provision, they said.
Tesla shares fell 1.2% to $357.16 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Pliant Therapeutics, Inc. (NASDAQ:PLRX) dipped 54.5% to $3.54 in pre-market trading after the company issued an update on BEACON-IPF, a Phase 2b/3 trial in patients with idiopathic pulmonary fibrosis.
- Semtech Corporation (NASDAQ:SMTC) shares tumbled 25.2% to $40.75 in pre-market trading. Semtech shares fell around 10% on Friday after Baird cut its price target on the stock from $80 to $60.
- Oriental Rise Holdings Limited (NASDAQ:ORIS) declined 20.2% to $0.91 in pre-market trading after falling more than 5% on Friday.
- Replimune Group, Inc. (NASDAQ:REPL) fell 19.6% to $11.21 in pre-market trading. Replimune announced inducement grants under Nasdaq Listing Rule 5635(c)(4).
- Maze Therapeutics, Inc. (NASDAQ:MAZE) fell 9.5% to $12.11 in pre-market trading. Maze Therapeutics shares gained around 3% on Friday after the company announced that the first patient has been dosed in the company’s Phase 2 clinical trial, the HORIZON Study, of MZE829 in patients with APOL1 kidney disease.
- Dogness (International) Corporation (NASDAQ:DOGZ) fell 6.6% to $33.00 in pre-market trading.
- The Manitowoc Company, Inc. (NYSE:MTW) shares dipped 6.4% to $9.12 in pre-market trading.
- Option Care Health, Inc. (NASDAQ:OPCH) fell 6% to $29.13 in pre-market trading.
- Celestica Inc. (NYSE:CLS) fell 3.2% to $125.52 in pre-market trading.
- ON Semiconductor Corporation (NASDAQ:ON) shares declined 2.1% to $50.20 in pre-market trading ahead of quarterly earnings.
Now Read This:
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.