Asana, Enbridge And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Portfolio Pulse from Lisa Levin
Several stocks traded lower in Wednesday's pre-market session, including Enbridge, Enel Chile, Hyzon Motors, Stem, 8x8, Asana, Telefónica, and Aehr Test Systems. Enbridge's shares dipped 8% after it announced acquisitions from Dominion Energy. Enel Chile, Hyzon Motors, and Aehr Test Systems also saw declines. Stem's shares fell following a downgrade by Morgan Stanley. 8x8 shares declined despite the announcement of a new solution to safeguard customers from fraudulent SMS activity. Asana's shares declined despite reporting upbeat Q2 results. Telefónica's shares declined after Saudi Telecom Co. bought a stake in the company.

September 06, 2023 | 10:22 am
News sentiment analysis
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NEGATIVE IMPACT
Asana's shares declined despite reporting upbeat Q2 results.
Despite positive Q2 results, Asana's stock price has seen a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
8x8 shares declined despite the announcement of a new solution to safeguard customers from fraudulent SMS activity.
Despite the announcement of a new product, 8x8's stock price has seen a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Enbridge's shares dipped 8% after it announced acquisitions from Dominion Energy.
The acquisition news has led to a negative short-term impact on Enbridge's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Stem's shares fell following a downgrade by Morgan Stanley.
The downgrade by Morgan Stanley has led to a negative short-term impact on Stem's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100