Top Premarket Decliners

MT Newswires Live06-04

Sleep Number (SNBR) shares were down 64% in Thursday premarket activity following media reports that the company is preparing for a potential bankruptcy filing to address its debt burden.

HUB Cyber Security (HUBC) stock was down 63% after the company said late Wednesday it will implement a 1-for-20 reverse stock split to help maintain compliance with Nasdaq's minimum bid price requirement.

Sangoma Technologies (SANG) shares were down 55% after the company named Adrian Back as interim chief financial officer, effective July 1, following the planned retirement of CFO Larry Stock.

ADC Therapeutics (ADCT) stock was down 51% after RBC downgraded the stock rating and lowered its price target to $2 from $6 following new late-stage trial data for the company's lymphoma therapy Zynlonta.

Apartment Investment and Management (AIV) shares were down 29% after a largely muted performance in the previous session.

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