Here are the top five losers by percentage on the Nasdaq before the market opened.

Zapp Electric Vehicles Group Ltd (NASDAQ:ZAPP)
Zapp Electric Vehicles Group Limited is a United Kingdom-based electric motorcycle company. The Company designs, manufactures, and sells high performance electric vehicles. Its debut product, the i300, is an urban electric high-performance two-wheeler capable of traditional motorcycle levels of performance in a step-through format, combining ease of use with exhilaration and fun. 

Price: 0.17
Percentage Change: -41.03%
Volume: 1,237,733

Affimed NV (NASDAQ:IXHL)
Affimed NV is a clinical-stage biopharmaceutical company. The company is engaged in discovering and developing targeted cancer immunotherapies. 

Price: 0.1855
Percentage Change: -33.51%
Volume: 4,289,689

Quartzsea Acquisition Corporation   (NASDAQ:IXHL)

Price: 8.32
Percentage Change: -16.63%
Volume: 350

Drilling Tools International Corporation (NASDAQ:IXHL)
Drilling Tools International Corp. is an oilfield services company. The Company manufactures and rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas wells.

Price: 2.13
Percentage Change: -16.47%
Volume: 2,063

Incannex Healthcare Ltd (NASDAQ:IXHL)
Incannex Healthcare Ltd is developing medical cannabis products for the treatment of Obstructive Sleep Apnea (OSA), Traumatic Brain Injury (TBI)/Concussion, Rheumatoid Arthritis, Inflammatory Bowel Disease, and Inflammatory Lung Conditions.

Price: 0.2203
Percentage Change: -15.27%
Volume: 10,700,354

Premarket Sentiment
Gainers – 770 (26%)
Losers – 1832 (63%)
Unchanged – 268 (9%)

For the full list of gainers and losers on the InvestorsHub website, click here.