U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 150 points on Monday.
Shares of Methanex Corporation (NASDAQ:MEOH) fell sharply in today's pre-market trading.
Methanex disclosed that it has entered into a definitive agreement to acquire OCI Global's international methanol business for $2.05 billion.
Methanex shares tumbled 6.3% to $39.79 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
- C4 Therapeutics, Inc.. (NASDAQ:CCCC) shares dipped 17% to $4.48 in pre-market trading. C4 Therapeutics will reveal preliminary CFT1946 monotherapy Phase 1 clinical data at ESMO Congress 2024.
- Lotus Technology Inc. (NASDAQ:LOT) shares fell 5.4% to $4.90 in pre-market trading after gaining around 6% on Friday.
- Merck & Co., Inc. (NYSE:MRK) fell 4.8% to $112.23 in pre-market trading. Daiichi Sankyo and Merck's Ifinatamab Deruxtecan showed response rates in extensive-stage small cell lung cancer in Phase 2 IDeate-Lung01 trial.
- Mercer International Inc. (NASDAQ:MERC) shares declined 3.2% to $5.50 in pre-market trading. Adient will replace Mercer International in the S&P SmallCap 600.
- Whitestone REIT (NYSE:WSR) shares fell 3.1% to $12.68 in pre-market trading.
- QXO, Inc. (NASDAQ:QXO) fell 2.3% to $13.97 in pre-market trading after gaining over 4% on Friday.
- Emergent BioSolutions Inc. (NYSE:EBS) shares slipped 2.3% to $7.34 in pre-market trading.
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