Diversified Energy, Pebblebrook Hotel Trust And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Section,Of,A,Financial,Newspaper,Titled,Key,Movers

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Wednesday.

Shares of Diversified Energy Company PLC (NYSE:DEC) fell sharply in pre-market trading after the company disclosed a proposed secondary offering of 5,713,353 ordinary shares.

Diversified Energy shares dipped 6.6% to $14.37 in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

• Turbo Energy, S.A. (NASDAQ:TURB) fell 24.1% to $9.41 in pre-market trading. Turbo Energy shares surged 359% on Tuesday after the company was selected for a $53 million contract to deploy energy storage projects in Spain with total capacity of 366 MWh.
• ChowChow Cloud International (NYSE:CHOW) fell 11.9% to $11.11 in the pre-market trading after jumping 215% on Tuesday.
• Pebblebrook Hotel Trust (NYSE:PEB) fell 8.5% to $10.56 in pre-market trading as the company launched $350 million convertible senior notes offering to repurchase 2026 notes.
• WEBTOON Entertainment Inc. (NASDAQ:WBTN) fell 5% to $19.76 in pre-market trading. WEBTOON Entertainment shares jumped 39% on Tuesday after the company and Disney entered a non-binding term sheet to develop a digital comics platform featureing current and past comics from across Disney’s portfolio.
• loanDepot, Inc. (NYSE:LDI) fell 5% to $4.22 in pre-market trading.
• DRDGOLD Limited (NYSE:DRD) fell 4.3% to $22.36 in pre-market trading.
• Mercurity Fintech Holding Inc. (NYSE:MFH) fell 2.1% to $9.34 in pre-market trading after surging over 18% on Tuesday.

Now Read This:

• General Mills, Cracker Barrel And 3 Stocks To Watch Heading Into Wednesday

Photo via Shutterstock