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Rocket Lab, Taiwan Semiconductor And Other Big Stocks Moving Lower In Thursday’s Pre-Market Session
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U.S. stock futures were mixed this morning, with the Dow futures gaining around 100 points on Thursday.

Shares of Rocket Lab Corp (NASDAQ:RKLB) fell sharply in pre-market trading after the company officially delayed the first launch of its Neutron rocket until 2027.

The setback followed the discovery of manufacturing defects in a key component of the rocket’s first stage, raising concerns about the timeline for its highly anticipated debut.

Rocket Lab shares dipped 9.5% to $53.62 in pre-market trading.

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

  • Zhibao Technology Inc (NASDAQ:ZBAO) shares tumbled 15.7% to $0.86 in pre-market trading after dipping 46% on Wednesday.
  • SK Hynix Inc – ADR (NASDAQ:SKHY) dipped 6.9% to $137.53 in pre-market trading after falling 6% on Wednesday.
  • AXT Inc (NASDAQ:AXTI) fell 6.8% to $57.40 in pre-market trading after declining 5% on Wednesday.
  • Silicom Ltd (NASDAQ:SILC) dropped 6.3% to $43.01 in pre-market trading. Silicom announced that it will release its third quarter results before the opening bell on Thursday, Oct. 29.
  • Cypherpunk Technologies Inc (NASDAQ:CYPH) declined 6.1% to $2.46 in pre-market trading after dropping 8% on Wednesday.
  • CoreWeave Inc (NASDAQ:CRWV) fell5.8% to $61.96 in pre-market trading after dipping over 15% in the previous session. On Wednesday, D.A. Davidson analyst Gil Luria warned that CoreWeave’s equity could be wiped out if AI spending slows. “The equity value is going to be zero,” he said.  
  • Lattice Semiconductor Corp (NASDAQ:LSCC) fell 5.2% to $109.00 in pre-market trading following around 10% drop on Wednesday.
  • Riskified Ltd (NYSE:RSKD) declined 2.4% to $7.90 in pre-market trading after falling over 4% on Wednesday.
  • Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) fell 2% to $421.80 in pre-market trading following third-quarter results.

Photo via Shutterstock

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.
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