UBS, Credit Suisse And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading session.

• DiamondHead Holdings Corp. (NASDAQ:DHHC) shares dropped 12.8% to $16.50 in pre-market trading after gaining more than 82% on Thursday. DiamondHead entered into convertible note purchase agreement dated March 21, 2023.
• FiscalNote Holdings, Inc. (NYSE:NOTE) shares dipped 10.1% to $2.14 in pre-market trading. FiscalNote shares jumped 75% on Thursday after the company announced it was selected by OpenAI for collaboration as an inaugural launch partner for OpenAI's ChatGPT plug-in.
• Deutsche Bank Aktiengesellschaft (NYSE:DB) shares dropped 6.1% to $9.06 in pre-market trading after declining 6% on Thursday.
• Ouster, Inc. (NYSE:OUST) shares declined 6% to $0.8499 in pre-market trading after the company reported downbeat Q4 results and issued weak Q1 sales forecast.

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• Aldeyra Therapeutics, Inc. (NASDAQ:ALDX) shares fell 5.6% to $8.55 in pre-market trading after gaining over 12% on Thursday. Aldeyra Therapeutics recently announced completion of enrollment in Phase 2 clinical trial of ADX‑2191 in retinitis pigmentosa.
• YS Biopharma Co., Ltd. (NASDAQ:YS) shares dropped 4.6% to $6.20 in pre-market trading following a 7% drop on Thursday.
• Block, Inc. (NYSE:SQ) shares dropped 4.6% to $59.02 in pre-market trading. Block CEO Jack Dorsey’s wealth eroded by $526 million on Thursday after short-seller Hindenburg Research published a bearish report on the company.
• UBS Group AG (NYSE:UBS) fell 4.1% to $18.39 in pre-market trading following a new report released after the bell indicated that Credit Suisse and UBS Group are now facing a U.S. Justice Department probe.
• Credit Suisse Group AG (NYSE:CS) fell 3.8% to $0.8392 in pre-market trading following a new report released after the bell indicated that Credit Suisse and UBS Group are now facing a U.S. Justice Department probe.

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