Applied Optoelectronics, SanDisk, Seagate And Other Big Stocks Moving Lower In Monday’s Pre-Market Session

Seagate Technology Holdings PLC
Coherent Corp.
Lumentum Holdings, Inc.
JUMIA
Applied Optoelectronics, Inc.

Seagate Technology Holdings PLC

STX

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Coherent Corp.

COHR

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Lumentum Holdings, Inc.

LITE

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JUMIA

JMIA

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Applied Optoelectronics, Inc.

AAOI

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U.S. stock futures were mixed this morning, with the Nasdaq 100 futures falling over 100 points on Monday.

Shares of Applied Optoelectronics Inc (NASDAQ:AAOI) fell sharply in pre-market trading after the company announced a $600 million at-the-market equity offering.

Applied Optoelectronics shares dipped 11.9% to $109.99 in pre-market trading.

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

  • RF Acquisition Corp II (NASDAQ:RFAI) fell 35.2% to $37.61 in pre-market trading. Shares of RF Acquisition Corp II shares jumped 356% on Friday following SEC filings detailing the results of an extraordinary general meeting.
  • Zerostack Corp (NASDAQ:ZSTK) fell 13.4% to $4.08 in pre-market trading. ZeroStack filed prospectus for offering 54.610 million common shares on behalf of selling shareholders.
  • ZKH Group Ltd (NYSE:ZKH) dipped 11.7% to $2.56 in pre-market trading. ZKH Group, on Friday, posted second-quarter adjusted earnings of 4 cents per share.
  • Jumia Technologies AG – ADR (NYSE:JMIA) fell 5.1% to $6.40 in pre-market trading.
  • Valneva SE (NASDAQ:VALN) fell 5% to $6.61 in pre-market trading following a 2% gain on Friday.
  • mF International Limited (NASDAQ:MFI) fell 4.8% to $9.18 in pre-market trading after jumping around 113% on Friday.
  • Coherent Corp (NYSE:COHR) fell 4.6% to $276.35 in pre-market trading.
  • SanDisk Corp (NASDAQ:SNDK) dipped 4.5% to $1,524.24 in pre-market trading.
  • AXT Inc (NASDAQ:AXTI) shares declined 4.3% to $67.68 in pre-market trading after falling 3% on Friday.
  • Algoma Steel Group Inc (NASDAQ:ASTL) fell 4.3% to $4.45 in pre-market trading.
  • Lumentum Holdings Inc (NASDAQ:LITE) declined 4.1% to $831.60 in pre-market trading.
  • Seagate Technology Holdings PLC (NASDAQ:STX) shares dropped 3.5% to $820.00 in pre-market trading.

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