Scholastic And Other Big Stocks Moving Lower In Friday's Pre-Market Session
Portfolio Pulse from Lisa Levin
Several stocks including Scholastic Corporation, Pharming Group N.V., American Oncology Network Inc, Cheche Group Inc., ING Groep N.V., PureCycle Technologies, Inc., and Eos Energy Enterprises, Inc. are moving lower in Friday's pre-market session. Scholastic reported downbeat Q1 results, while ING Groep announced the sale of its 85% stake in fintech subsidiary, Cobase.

September 22, 2023 | 10:02 am
News sentiment analysis
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NEGATIVE IMPACT
American Oncology Network Inc shares fell 6.2% in pre-market trading after dipping 21% on Thursday.
American Oncology Network's shares are continuing their downward trend from Thursday.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Cheche Group Inc. shares declined 6% in pre-market trading after falling more than 40% on Thursday.
Cheche Group's shares are extending their losses from Thursday in the pre-market session.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Eos Energy Enterprises, Inc. shares declined 3.1% in pre-market trading after gaining around 5% on Thursday.
Eos Energy's shares are experiencing a correction after a rise on Thursday.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
ING Groep N.V. shares fell 5% in pre-market trading after announcing the sale of its 85% stake in fintech subsidiary, Cobase.
ING Groep's announcement of the sale of its stake in Cobase has led to a drop in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
PureCycle Technologies, Inc. shares fell 3.3% in pre-market trading.
PureCycle Technologies' shares are down in the pre-market session, but no specific news is mentioned to explain this movement.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Pharming Group N.V. shares dipped 13.1% in pre-market trading after climbing around 15% on Thursday.
Pharming Group's shares are experiencing a correction after a significant rise on Thursday.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Scholastic Corporation shares fell 16% in pre-market trading after reporting downbeat Q1 results.
Scholastic's downbeat Q1 results have negatively impacted investor sentiment, leading to a drop in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100