Netflix, ON Semiconductor And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were lower this morning, with the Nasdaq futures declining over 100 points on Friday.

Shares of Netflix, Inc. (NASDAQ:NFLX) fell sharply in today's pre-market trading following first-quarter results.

Netflix reported upbeat earnings and sales results for its first quarter. The company added 9.33 million paid net new subscribers in the first quarter to bring the company to a total of 269.60 million.

Netflix shares fell 6% to $573.81 pre-market trading.

Here are some big stocks recording losses in today's pre-market trading session.

• Critical Metals Corp. (NASDAQ:CRML) shares fell 12.3% to $7.37 in pre-market trading after surging 12% on Thursday.
• Adaptive Biotechnologies Corporation (NASDAQ:ADPT) shares declined 11.4% to $2.07 in pre-market trading. Adaptive Biotechnologies is expected to report financial results for the first quarter 2024 after the closing bell on May 7, 2024.
• Li Auto Inc. (NASDAQ:LI) fell 6.1% to $27.40 in pre-market trading.
• SAGE Therapeutics Inc (NASDAQ:SAGE) shares declined 5.6% to $12.30 in pre-market trading. The company recently announced topline results from Phase 2 PRECEDENT study of dalzanemdor for the treatment of people with mild cognitive impairment in Parkinson’s Disease.
• DocGo Inc (NASDAQ:DCGO) shares fell 5.5% to $3.23 in pre-market trading.
• Sunnova Energy International Inc (NYSE:NOVA) fell 4.5% to $3.61 in pre-market trading.
• NIO Inc. (NYSE:NIO) fell 3.8% to $3.85 in pre-market trading.
• ON Semiconductor Corporation (NASDAQ:ON) shares fell 2.9% to $61.13 in pre-market trading after Exane BNP Paribas downgraded the stock from Neutral to Underperform.

Read More: Netflix, Procter & Gamble And 3 Stocks To Watch Heading Into Friday