NXP Semiconductors, UBS Group and other big stocks are moving lower

NXP Semiconductors, UBS Group and other big stocks are moving lower

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US stock futures traded lower this morning. Here are some big stocks that posted losses in today’s premarket trading session.

  • BigBear.ai Holdings, Inc. BBAI Shares fell 15.1% to $3.38 in premarket trading. BigBear.ai applied for the shelf offering of up to 27.8 million common shares through the sale of shareholders.
  • Harmonic Inc. HLIT Shares fell 12.9% to $12.37 in premarket trading. Harmonic reported better than expected Q4 results.
  • Adaptimmune Therapeutics plc ADAP Shares fell 6.5% to $1.74 in premarket trading after gaining over 3% on Monday.

Don’t forget to check ours premarket coverage here

  • SoundHound AI, Inc. SOUND Shares fell 5.8% to $1.94 in premarket trading after gaining around 14% on Monday.
  • Royal Philips NV PHG fell 5.8% to $16.95 in premarket trading. Shares of Philips rose 5.9% on Monday after the company released fourth-quarter financial results and said it would cut 3,000 jobs in 2023.
  • Micron Technology, Inc. mu It fell 3.6% to $59.51 in premarket trading after falling 3.4% on Monday.
  • NXP Semiconductors NV NXPI down 3.2% to $173.80 in premarket trading. NXP Semiconductors reported positive fourth-quarter results but issued a weak first-quarter revenue guidance.
  • Lucid Group, Inc. LCID fell 3.2% to $11.37 in premarket trading. Shares in Lucid Group fell around 9% on Monday as the stock retreated after a surge on Friday following rumors the Public Investment Fund was looking to take over the rest of the company.
  • UBS Group AG UBS fell 3.1% to $20.63 in premarket trading. UBS posted a pleasing profit for the fourth quarter.

Now read the following: General Motors, McDonald’s and 3 stocks to watch on Tuesday

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