Capital One Financial To Acquire Discover, Joins SSR Mining And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Benzinga ·  Feb 20 05:11

U.S. stock futures were lower this morning, with the Dow futures trading lower by around 50 points on Tuesday.

Shares of Capital One Financial Corporation (NYSE:COF) fell sharply in today's pre-market trading after the company announced its plans to purchase Discover Financial Services (NYSE:DFS), marking a pivotal $35.3 billion all-stock transaction.

Capital One Financial shares dipped 5.8% to 129.34 in pre-market trading.

Here are some big stocks recording losses in today's pre-market trading session.

  • MicroCloud Hologram Inc. (NASDAQ:HOLO) shares tumbled 26% to $49.14 in pre-market trading after jumping 114% on Friday.
  • Tevogen Bio Holdings Inc. (NASDAQ:TVGN) shares dipped 18.8% to $7.72 in pre-market trading. Tevogen Bio recently announced an $8 million equity investment.
  • SSR Mining Inc. (NASDAQ:SSRM) fell 14.6% to $4.19 in pre-market trading. SSR Mining is expected to release its fourth quarter financial results on Feb. 27, 2024. The company also issued an update on ongoing rescue efforts at the Çöpler mine in Türkiye.
  • Sasol Limited (NYSE:SSL) shares fell 7.1% to $7.67 in pre-market trading.
  • Nano-X Imaging Ltd. (NASDAQ:NNOX) shares declined 7.4% to $11.99 in pre-market trading after gaining 36% on Friday. Nvidia recently reported a 59,632 share stake in -X Imaging.
  • C4 Therapeutics, Inc. (NASDAQ:CCCC) shares fell 5.5% to $7.54 in pre-market trading.
  • Bitfarms Ltd. (NASDAQ:BITF) fell 4.4% to $3.45 in pre-market trading amid weakness in Bitcoin.

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