Shake Shack, Tesla And Other Big Stocks Moving Lower In Monday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 300 points on Monday.

Shares of Shake Shack Inc. (NYSE:SHAK) fell sharply in today's pre-market trading.

TD Securities analyst Andrew Charles downgraded the rating for Shake Shack from Buy to Hold and maintained the price target of $105.

Shake Shack shares tumbled 4.4% to $114.00 in the pre-market trading session.

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

• Patriot National Bancorp, Inc. (NASDAQ:PNBK) shares dipped 8.1% to $5.26 in pre-market trading. Patriot National Bancorp, last week, announced a $250 million mixed shelf offering.
• TSS, Inc. (NASDAQ:TSSI) declined 7.7% to $14.25 in pre-market trading. TSS shares jumped 74% on Friday after the company reported a year-over-year increase in first-quarter revenue results.
• GRAIL, Inc. (NASDAQ:GRAL) fell 7.3% to $36.99 in pre-market trading. GRAIL, last week posted a first-quarter loss of $3.10 per share.
• Wolfspeed, Inc. (NYSE:WOLF) declined 6.9% to $3.63 in pre-market trading.
• NuScale Power Corporation (NYSE:SMR) fell 6.7% to $22.54 in pre-market trading. NuScale Power, last week, posted upbeat quarterly revenue.
• Oklo Inc. (NYSE:OKLO) dipped 6.7% to $35.20 in pre-market trading.
• OppFi Inc. (NYSE:OPFI) dipped 6.4% to $11.06 in pre-market trading. OppFi, on May 7, posted better-than-expected quarterly results.
• Reddit, Inc. (NYSE:RDDT) fell 6.2% to $106.20 in pre-market trading.
• Rocket Lab USA, Inc. (NASDAQ:RKLB) fell 4.7% to $24.36 in pre-market trading. Rocket Lab USA successfully launched its third mission for Japanese customer, Institute for Q-shu Pioneers of Space, Inc. (iQPS).
• Tesla, Inc. (NASDAQ:TSLA) fell 3.7% to $337.00 in pre-market trading. Tesla is reportedly accepting trade-ins for the Cybertruck, a year after Elon Musk's company launched the pickup truck.

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