Design Therapeutics, Getty Images, Sea Limited And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Portfolio Pulse from Lisa Levin
Several US-listed stocks traded lower in Tuesday's pre-market session. Design Therapeutics fell 37.9% after reporting Q2 results and initial results from a Phase 1 study. Getty Images declined 18.6% after reporting Q2 earnings. Freedom Holding fell 12.8% after receiving a Nasdaq noncompliance notification. Sea Limited fell 11.7% following weaker-than-expected quarterly results. Calliditas Therapeutics fell 7.8% after announcing full results from a Phase 3 trial. Kanzhun, Hanryu Holdings, Discover Financial Services, Hilltop Holdings, Vornado Realty Trust, and Gol Linhas Aéreas Inteligentes also recorded losses.
August 15, 2023 | 11:00 am
News sentiment analysis
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NEGATIVE IMPACT
Kanzhun shares declined 6.8% in pre-market trading.
The company's stock fell in pre-market trading, but the specific reason for the decline was not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Calliditas Therapeutics fell 7.8% after announcing full results from a Phase 3 trial.
The company's stock fell due to the announcement of full results from a Phase 3 trial, which may have been below investor expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Discover Financial Services shares fell 5.8% after it disclosed the resignation of its CEO and President.
The company's stock fell due to the resignation of its CEO and President, which may have raised concerns among investors about the company's future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Design Therapeutics fell 37.9% after reporting Q2 results and initial results from a Phase 1 study.
The company's stock fell due to the announcement of its Q2 results and initial results from a Phase 1 study, which may have disappointed investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Freedom Holding fell 12.8% after receiving a Nasdaq noncompliance notification.
The company's stock fell due to the receipt of a Nasdaq noncompliance notification, which may have raised concerns among investors about the company's future.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Getty Images declined 18.6% after reporting Q2 earnings.
The company's stock fell due to the announcement of its Q2 earnings, which may have been below investor expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Gol Linhas Aéreas Inteligentes fell 5.4% in pre-market trading.
The company's stock fell in pre-market trading, but the specific reason for the decline was not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Hanryu Holdings shares declined 6.8% in pre-market trading.
The company's stock fell in pre-market trading, but the specific reason for the decline was not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Hilltop Holdings fell 5.6% in pre-market trading.
The company's stock fell in pre-market trading, but the specific reason for the decline was not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Sea Limited fell 11.7% following weaker-than-expected quarterly results.
The company's stock fell due to weaker-than-expected quarterly results, which may have disappointed investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Vornado Realty Trust fell 5.4% in pre-market trading.
The company's stock fell in pre-market trading, but the specific reason for the decline was not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100