Top Premarket Decliners

MT Newswires Live10-04

Spirit Airlines (SAVE) shares tumbled 33% in recent Friday premarket activity after a Wall Street Journal report said late Thursday that the budget carrier is in discussions with bondholders for the terms of a potential bankruptcy filing.

Cemtrex (CETX) stock fell 26%, extending Thursday's 51% loss.

Rivian Automotive (RIVN) shares were down more than 7% after the company lowered its 2024 annual manufacturing guidance to between 47,000 and 49,000 vehicles from 57,000 previously.

AZEK (AZEK) stock slipped 2.6% after Loop Capital downgraded it to hold from buy with a $47 price target.

Price: 1.5000, Change: -0.74, Percent Change: -33.04

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