Workflow
Fox, PACS Group, News Corp And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session - AIRO Group Holdings (NASDAQ:AIRO), Fox (NASDAQ:FOX)
FoxFox(US:FOX) Benzingaยท2025-09-09 16:43

Market Overview - U.S. stock futures showed a positive trend this morning, with Dow futures increasing approximately 0.1% on Tuesday [1] Company-Specific Movements - Fox Corporation (FOX) experienced a significant decline of 6.7%, dropping to $53.00 in pre-market trading following the announcement of a secondary offering of Class B common stock [1] - PACS Group, Inc. (PACS) shares fell 16.2% to $9.50 after the resignation of CFO Derick Apt [3] - Planet Labs PBC (PL) saw a decrease of 11.2% to $8.59 after a substantial increase of 48% on Monday, coinciding with the announcement of a proposed $300 million private offering of convertible senior notes due 2030 [3] - SUI Group Holdings Limited (SUIG) declined by 10.4% to $5.32, following a 5% drop on the previous day [3] - AIRO Group Holdings, Inc. (AIRO) tumbled 8.4% to $18.77 after filing for an offering of up to 3.5 million shares of common stock [3] - Sable Offshore Corp. (SOC) fell 6.2% to $20.71 in pre-market trading [3] - Gilat Satellite Networks Ltd. (GILT) declined 5.2% to $10.02 after announcing a $66 million private placement for 7,058,820 ordinary shares at a 6.3% discount to VWAP [3] - News Corporation (NWS) also saw a decline of 5.2%, dropping to $32.20 after announcing the pricing of a secondary offering of 14,071,293 shares of Class B common stock at $32.45 per share [3]