NIO, Rocket Lab USA And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Portfolio Pulse from Lisa Levin
Several stocks including Rocket Lab USA, Terran Orbital Corporation, Equinox Gold Corp., Better Home & Finance Holding Company, NIO Inc., FREYR Battery, and Arm Holdings plc recorded losses in Tuesday's pre-market trading session. Rocket Lab USA's shares dipped due to technical issues in its 41st mission. Terran Orbital Corporation's shares declined after pricing its public offering. Equinox Gold Corp.'s shares slipped after reporting a bought deal offering of convertible senior notes. Better Home & Finance Holding Company's shares declined after gaining around 4% on Monday. NIO Inc.'s shares fell after announcing a proposed offering of $1 billion convertible senior notes. FREYR Battery's shares declined, and Arm Holdings plc's shares fell after Redburn Atlantic initiated coverage with a Neutral rating and a price target of $50.
September 19, 2023 | 9:59 am
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NEGATIVE IMPACT
Arm Holdings plc's shares fell after Redburn Atlantic initiated coverage with a Neutral rating and a price target of $50.
The initiation of coverage by Redburn Atlantic with a Neutral rating and a price target of $50 has led to a fall in Arm Holdings plc's share price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Better Home & Finance Holding Company's shares declined after gaining around 4% on Monday.
After gaining around 4% on Monday, Better Home & Finance Holding Company's shares have declined.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Equinox Gold Corp.'s shares slipped after reporting a bought deal offering of convertible senior notes.
The announcement of a bought deal offering of convertible senior notes by Equinox Gold Corp. has led to a slip in its share price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
FREYR Battery's shares declined in pre-market trading.
FREYR Battery's shares have declined in pre-market trading.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Terran Orbital Corporation's shares declined after pricing its public offering.
The pricing of Terran Orbital Corporation's public offering has led to a decline in its share price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
NIO Inc.'s shares fell after announcing a proposed offering of $1 billion convertible senior notes.
The announcement of a proposed offering of $1 billion convertible senior notes by NIO Inc. has led to a fall in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Rocket Lab USA's shares dipped due to technical issues in its 41st mission.
The technical issues in Rocket Lab USA's 41st mission have negatively impacted investor confidence, leading to a dip in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100