U.S. stock futures were higher this morning, with the Dow futures gaining more than 100 points on Friday.
Shares of United States Steel Corporation (NYSE:X) fell sharply in today's pre-market trading.
This decline comes as President Joe Biden is poised to block the proposed acquisition by Nippon Steel (OTC:NPSCY), potentially as soon as Friday, Reuters reported, citing a source familiar with the matter.
United States Steel shares dipped 7.3% to $30.23 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Tejon Ranch Co. (NYSE:TRC) shares dipped 11.4% to $14.01 in pre-market trading.
- Lincoln Educational Services Corporation (NASDAQ:LINC) shares fell 7.7% to $14.10 in pre-market trading after falling over 3% on Thursday.
- Hesai Group (NASDAQ:HSAI) fell 4.6% to $15.39 in pre-market trading after jumping over 16% on Thursday.
- Enhabit, Inc. (NYSE:EHAB) fell 4.5% to $7.40 in pre-market trading.
- Diageo plc (NYSE:DEO) fell 2.9% to $122.58 in pre-market trading.
- Nabors Energy Transition Corp. II (NASDAQ:NETD) fell 2.8% to $10.51 in pre-market trading.
- Metallus Inc. (NYSE:MTUS) 2.8% to $13.31 in pre-market trading.
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