U.S. stock futures were lower this morning, with the Dow futures falling around 100 points on Tuesday.
Shares of Rio Tinto Group (NYSE:RIO) fell sharply in today's pre-market trading.
Jefferies analyst Chris LaFemina downgraded the rating for Rio Tinto from Buy to Hold.
Rio Tinto shares dipped 2.1% to $58.36 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Bumble Inc. (NYSE:BMBL) shares dipped 5.8% to $5.41 in today's pre-market trading. JP Morgan analyst Cory Carpenter downgraded Bumble from Neutral to Underweight and maintained the price target of $5.
- Mereo BioPharma Group plc (NASDAQ:MREO) declined 5.8% to $2.40 in pre-market trading. Mereo BioPharma, on May 13, posted a first-quarter GAAP loss of 2 cents per share.
- Pearson plc (NYSE:PSO) declined 5% to $15.24 in pre-market trading.
- GCL Global Holdings Ltd (NASDAQ:GCL) shares declined 4.8% to $2.40 in pre-market trading.
- Myers Industries, Inc. (NYSE:MYE) fell 3.9% to $11.96 in pre-market trading.
- Okeanis Eco Tankers Corp. (NYSE:ECO) fell 2.8% to $22.31 in pre-market trading.
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