07:40 AM EDT, 10/01/2024 (MT Newswires) -- IGM Biosciences ( IGMS ) shares fell 25% pre-bell Tuesday after the company said it will shift its strategic focus away from oncology.

Arqit Quantum ( ARQQ ) shares retreated 17% after the company launched a registered direct offering.

CPI Card Group ( PMTS ) shares were down 12% after pricing a secondary offering of common shares at $21 per share.

Price: 12.38, Change: -4.16, Percent Change: -25.15