Super Micro Computer, Summit Therapeutics And Other Big Stocks Moving Lower In Wednesday's Pre-Market Ses

U.S. stock futures were lower this morning, with the Nasdaq futures falling around 1% on Wednesday.

Shares of Super Micro Computer Inc (NASDAQ:SMCI) fell sharply in pre-market trading after the company announced a proposed offering to fund AI orders.

Super Micro announced a series of offerings expected to generate gross proceeds of $7 billion to fund the purchase of components to fulfil AI server orders that the company received in "recent weeks." Super Micro Computer shares dipped 8.6% to $37.14 in pre-market trading.

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

BitVentures Limited (NASDAQ:BVC) shares dipped 12.6% to $10.30 in pre-market trading after jumping over 26% on Tuesday.