---
title: "Cango, Nio And Other Big Stocks Moving Lower In Tuesday’s Pre-Market Session"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297649758.md"
description: "U.S. stock futures fell Tuesday, with Dow futures down ~200 points. Cango (CANG) shares dropped 10% in pre-market after reporting Q2 losses of $1.99/share and sales of $50.78M, both missing estimates. Other declining stocks included Myriad Genetics (-5.3%), Corvex (-5.1%), Advasa (-5.1%), Cabaletta Bio (-5.1%), Sezzle (-5%), UBS (-4.7%), Enlight Renewable Energy (-4%), Metalla Royalty (-4%), Gemini Space Station (-3.3%), and NIO (-2.1%)."
datetime: "2026-09-01T12:02:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297649758.md)
  - [en](https://longbridge.com/en/news/297649758.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297649758.md)
generator: "portal-rs"
---

# Cango, Nio And Other Big Stocks Moving Lower In Tuesday’s Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 200 points on Tuesday.

Shares of **Cango Inc** (NYSE:CANG) fell sharply in pre-market trading as the company posted downbeat results for the second quarter.

Cango reported quarterly losses of $1.99 per share which missed the analyst consensus estimate of losses of 90 cents per share. The company reported quarterly sales of $50.781 million which missed the analyst consensus estimate of $101.970 million.

Cango shares dipped 10% to $2.15 in pre-market trading.

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

-   **Myriad Genetics Inc** (NASDAQ:MYGN) shares dipped 5.3% to $3.05 in pre-market trading.
-   **Corvex In**c (NASDAQ:MOVE) shares fell 5.1% to $10.39 in pre-market trading. Corvex shares jumped over 25% on Monday after the company announced a data center expansion at its existing Mid-Atlantic data center and the establishment of operations at a second existing enterprise-scale data center in the Midwest.
-   **Advasa Holdings** (NASDAQ:ADBT) fell 5.1% to $4.31 in pre-market trading following a 9% decline on Monday.
-   **Cabaletta Bio Inc** (NASDAQ:CABA) dipped 5.1% to $2.95 in pre-market trading.
-   **Sezzle Inc** (NASDAQ:SEZL) shares fell 5% to $114.50 in pre-market trading after declining 3% on Monday.
-   **UBS Group AG** (NYSE:UBS) fell 4.7% to $53.08 in pre-market trading. On Monday, UBS hired four financial advisors in Los Angeles.
-   **Enlight Renewable Energy Lt**d (NASDAQ:ENLT) fell 4% to $75.05 in pre-market trading. Enlight Renewable Energy, last month, reported better-than-expected second-quarter EPS results and raised its FY26 sales guidance.
-   **Metalla Royalty & Streaming Ltd** (NYSE:MTA) declined 4% to $10.00 in pre-market trading. Metalla Royalty, last month, posted downbeat quarterly earnings.
-   **Gemini Space Station Inc** (NASDAQ:GEMI) fell 3.3% to $4.35 in pre-market trading following around 5% gain on Monday.
-   **NIO Inc**. (NYSE:NIO) fell 2.1% to $4.15 in pre-market trading after the company issued August delivery update. The company delivered 35,836 vehicles in August, up 14.5% year over year.

*Photo via Shutterstock*

### Related Stocks

- [CABA.US](https://longbridge.com/en/quote/CABA.US.md)
- [UBS.US](https://longbridge.com/en/quote/UBS.US.md)
- [MTA.US](https://longbridge.com/en/quote/MTA.US.md)
- [CANG.US](https://longbridge.com/en/quote/CANG.US.md)
- [GEMI.US](https://longbridge.com/en/quote/GEMI.US.md)
- [ENLT.US](https://longbridge.com/en/quote/ENLT.US.md)
- [ADBT.US](https://longbridge.com/en/quote/ADBT.US.md)
- [SEZL.US](https://longbridge.com/en/quote/SEZL.US.md)
- [MYGN.US](https://longbridge.com/en/quote/MYGN.US.md)
- [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md)
- [DIA.US](https://longbridge.com/en/quote/DIA.US.md)
- [DDM.US](https://longbridge.com/en/quote/DDM.US.md)
- [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md)
- [DOG.US](https://longbridge.com/en/quote/DOG.US.md)
- [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md)
- [DXD.US](https://longbridge.com/en/quote/DXD.US.md)
- [GEMG.US](https://longbridge.com/en/quote/GEMG.US.md)

## Related News & Research

- [HC Wainwright Reaffirms Buy Rating for Cabaletta Bio (NASDAQ:CABA)](https://longbridge.com/en/news/297682437.md)
- [10,754,701 Shares in Cabaletta Bio, Inc. $CABA Purchased by BlackRock Inc.](https://longbridge.com/en/news/297747973.md)
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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**