Mereo BioPharma, Ultragenyx Pharmaceutical And Other Big Stocks Moving Lower In Monday's Pre-Market Session - Alvotech (NASDAQ:ALVO), A SPAC III Acquisition (NASDAQ:ASPC)

U.S. stock futures were lower this morning, with the Dow futures falling around 100 points on Monday.Shares of Mereo BioPharma Group plc – ADR (NASDAQ:MREO) fell sharply in pre-market trading after the company announced its Phase 3 ORBIT and COSMIC Studies for setrusumab in Osteogenesis Imperfecta did not achieved statistical significance against the primary endpoints of reduction in annualized clinical fracture rate compared to placebo or bisphosphonates, respectively.Mereo BioPharma Group shares tumbled 8 ...