Gainers
Ibio Inc (NYSE: IBIO) shares rose 162.6% to $1.97 in pre-market trading after dropping around 12% on Thursday. JMP Securities, on Thursday, downgraded iBio from Market Outperform to Market Perform.
U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading session.
XP Inc (NASDAQ: XP) shares tumbled 13.1% to $13.82 in pre-market trading after the company reported a drop in Q4 net revenue.
Index futures indicate U.S. markets are on track for a weak opening in continuation of Thursday's decline after hawkish comments from Federal Reserve officials and a higher than expected producers' price index hurt investor sentiments.
Companies Reporting Before The Bell
• RELX (NYSE:RELX) is estimated to report earnings for its Fiscal Year 2022.
• Coca-Cola Europacific (NASDAQ:CCEP) is expected to report earnings for its Fiscal Year 2022.