Stocks Under Pressure Pre Market: IKT, APRN, PETZ, CLSD

These stocks are seeing heavy premarket action, put them on your watchlist for the day

Inhibikase Therapeutics Inc (NASDAQ:IKT) is the biggest percentage loser as the stock is all set to gap down. The stock slumped 24% to its new low of $3.08 in the pre-market session, extending yesterday’s fall of 17%. The stock is seeing heavy sell-off after the company announced priced public offering equates to 15 million shares of the Company’s common stock at a price of $3 per share.

Blue Apron Holdings Inc (NYSE:APRN) continues to see weakness in the pre-open session after falling 5.50% in yesterday’s trading session. The stock is down another 16% to $4.63 in the pre-market session on Wednesday. Late Tuesday, the company announced that it has commenced an underwritten public offering of shares of its Class A common stock. Blue Apron intends to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of its Class A common stock to be sold in the offering.

TDH Holdings Inc (NASDAQ:PETZ) is pulling back a bit in the pre-market session after soaring over 19% in Tuesday’s trading session. The stock gained momentum yesterday and closed at almost 1 month high. PETZ stock is down 9.69% to $2.89 before the market open. Over the past 6-month, the stock has gained over 96%.

Clearside Biomedical Inc (NASDAQ:CLSD) is pulling back a bit in the pre-market session after soaring over 37.75% in Tuesday’s session. CLSD stock is down 7.93% to $3.83 in the pre-market session. The stock went up yesterday after the company reported today positive safety results from Cohort 1 of its ongoing OASIS phase1/2a clinical trial of CLS-AX (axitinib injectable suspension)for the treatment of neovascular age-related macular degeneration (wet AMD).

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