U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 250 points on Friday.

Shares of Alignment Healthcare Inc (NASDAQ:ALHC) fell sharply in pre-market trading after the CMS 2027 Medicare Advantage Part D Release downgraded the company’s largest California contract to 3.5 stars, making it ineligible for bonus payments.

Alignment Healthcare shares dipped 24.2% to $6.60 in pre-market trading.

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

• Entera Bio Ltd (NASDAQ:ENTX) dropped 10.8% to $2.23 in pre-market trading.
• AT&T Inc (NYSE:T) declined 7.7% to $22.94 in pre-market trading.
• Verizon Communications Inc (NYSE:VZ) fell 7.3% to $42.99 in pre-market trading.
• RenX Enterprises Corp (NASDAQ:RENX) declined 6.9% to $1.61 in pre-market trading as the company filed a registration statement to register the resale of up to 24.28 million shares of common stock by selling stockholders.
• T-Mobile Us Inc. (NYSE:TMUS) declined 6.8% to $159.65 in pre-market trading.
• Bradbury Capital Inc. (NASDAQ:BBCI) fell 6.3% to $7.03 in pre-market trading after dipping around 32% on Thursday.
• UTime Ltd (NASDAQ:FXHO) dipped 6.1% to $11.00 in pre-market trading.
• Vodafone Group PLC (NASDAQ:VOD) slipped 4.2% to $15.79 in pre-market trading.
• Vera Therapeutics, Inc (NASDAQ:VERA) declined 3.7% to $28.63 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.