U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.2% on Tuesday.

Shares of Telefonaktiebolaget LM Ericsson – ADR (NASDAQ:ERIC) fell sharply in pre-market trading.

Morgan Stanley analyst Terrance Tsul downgraded the stock from Equal-Weight to Underweight and slashed the price target from $11 to $9.

Ericsson shares dipped 4.3% to $9.81 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

• Quest Diagnostics Inc (NYSE:DGX) shares dipped 6.1% to $230.00 in pre-market trading.
• Rambus Inc (NASDAQ:RMBS) declined 6% to $91.15 in pre-market trading after jumping around 11% on Monday.
• Metalla Royalty & Streaming Ltd (NYSE:MTA) fell 5.4% to $9.60 in pre-market trading.
• Alight Inc (NYSE:ALIT) declined 5.4% to $11.27 in pre-market trading.
• Lexeo Therapeutics Inc (NASDAQ:LXEO) fell 5.4% to $3.86 in pre-market trading. Lexeo Therapeutics announced a deal to acquire Mantle Therapeutics and announced multiple new strategic collaborations to expand leadership in Friedreich Ataxia.
• Labcorp Holdings Inc (NYSE:LH) dipped 5.2% to $304.37 in pre-market trading.
• Grayscale Digital Large Cap Fund LLC (NYSE:GDLC) fell 4.4% to $38.04 in pre-market trading after gaining 6% on Monday.
• Incyte Corp (NASDAQ:INCY) fell 3.5% to $120.35 in pre-market trading.

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.