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FINWIRES

Top Premarket Decliners

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WORK Medical Technology Group (WOK) shares were down 82% in Wednesday premarket activity, paring Tuesday's rally.

Ring Energy (REI) stock was 25% lower after the company said overnight it priced a public offering of about 44.4 million common shares at $1.35 apiece, targeting $60 million in gross proceeds.

Wix.com (WIX) shares were down 17% after the company posted lower Q1 adjusted earnings that also trailed analysts' forecasts.

Red Cat (RCAT) stock was 14% lower, a day after the company said it priced a roughly $225 million common stock offering.

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