Candel Therapeutics, 8x8 And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 150 points on Friday.

Shares of Candel Therapeutics, Inc. (NASDAQ:CADL) fell sharply in today's pre-market trading after the company announced the pricing of public offering.

Candel Therapeutics shares dipped 30.9% to $6.77 in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

• Alumis Inc. (NASDAQ:ALMS) shares declined 6.1% to $8.20 in pre-market trading.
• Savers Value Village, Inc. (NYSE:SVV) fell 6.1% to $9.01 in pre-market trading.
• 8×8, Inc. (NASDAQ:EGHT) fell 4.5% to $2.98 in pre-market trading. Mizuho analyst Siti Panigrahi downgraded 8×8 from Neutral to Underperform and lowered the price target from $2.75 to $2.5.
• Bicycle Therapeutics plc (NASDAQ:BCYC) shares declined 4.1% to $19.30 in pre-market trading. On Thursday, Bicycle Therapeutics announced that it presented data showing the enhanced anti-tumor activity of zelenectide pevedotin monotherapy in breast cancer patients with NECTIN4 gene amplification at the 2024 San Antonio Breast Conference Symposium.
• CECO Environmental Corp. (NASDAQ:CECO) fell 3.1% to $31.71 in pre-market trading.
• Montrose Environmental Group, Inc. (NYSE:MEG) fell 2.3% to $15.77 in pre-market trading.

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