Friday’s Premarket Moves: Bed Bath and Beyond, Nikola, Virgin Orbit, BlackBerry

Benzinga 2023-03-31

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Bed Bath & Beyond ($BBBY@US) dropped 2 percent in premarket trading after plummeting 26 percent in Thursday’s session. Nikola ($NKLA@US) dropped 5 percent in premarket trading after announcing plans to raise $100 million through a secondary offering. Virgin Orbit ($VORB@US) plummeted nearly 43 percent in premarket trading after announcing that it would suspend operations and cut about 90 percent of its workforce. BlackBerry ($BB@Canada) shares fell 2 percent after the software company posted fourth-quarter revenue that fell short of expectations.

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