U.S. stock futures were higher this morning, with the Dow futures gaining around 0.1% on Tuesday.
Shares of Fox Corporation (NASDAQ:FOX) fell sharply in pre-market trading as the company announced the pricing of secondary offering of Class B common stock.
Fox shares dipped 6.7% to $53.00 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- PACS Group, Inc. (NYSE:PACS) shares dipped 16.2% to $9.50 in pre-market trading after the company disclosed that Derick Apt resigned as CFO.
- Planet Labs PBC (NYSE:PL) dipped 11.2% to $8.59 in pre-market trading after jumping 48% on Monday. Planet Labs announced a $300 million proposed private offering of convertible senior notes due 2030.
- SUI Group Holdings Limited (NASDAQ:SUIG) fell 10.4% to $5.32 in pre-market trading following a 5% decline on Monday.
- AIRO Group Holdings, Inc. (NASDAQ:AIRO) tumbled 8.4% to $18.77 in the pre-market trading after the company filed for an offering of up to 3.5 million shares of common stock.
- Sable Offshore Corp. (NYSE:SOC) fell 6.2% to $20.71 in pre-market trading.
- Gilat Satellite Networks Ltd. (NASDAQ:GILT) declined 5.2% to $10.02 in pre-market trading as the company announced a $66 million private placement securing commitments for 7,058,820 ordinary shares at 6.3% discount to VWAP.
- News Corporation (NASDAQ:NWS) fell 5.2% to $32.20 in pre-market trading. News Corp announced the pricing of secondary offering of 14,071,293 shares of Class B common stock at $32.45 per share.
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