Mama's Creations Posts Weak Earnings, Joins EVgo, Red Cat Holdings And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 150 points on Tuesday.

Shares of Mama’s Creations Inc MAMA fell sharply in today's pre-market trading after the company reported worse-than-expected third-quarter EPS results.

Mama`s Creations reported quarterly earnings of 1 cent per share which missed the analyst consensus estimate of 4 cents per share. The company reported quarterly sales of $31.52 million which beat the analyst consensus estimate of $30.05 million.

Mama’s Creations shares tumbled 17.9% to $7.96 in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

  • EVgo, Inc. EVGO shares fell 16.1% to $5.30 in pre-market trading after the company announced a secondary offering of 23 million shares.
  • Celcuity Inc. CELC fell 12.3% to $11.01 in today's pre-market trading.
  • Red Cat Holdings, Inc. RCAT dipped 11.7% to $9.23 in pre-market trading as the company reported worse-than-expected second-quarter financial results on Monday.
  • Innovex International, Inc. INVX fell 11% to $11.52 in pre-market trading.
  • EverCommerce Inc. EVCM dipped 6.7% to $11.21 in pre-market trading.
  • Kingsoft Cloud Holdings Limited KC fell 6.4% to $8.37 in pre-market trading.
  • Palmer Square Capital BDC Inc. PSBD shares dipped 6% to $15.04 in pre-market trading.
  • MINISO Group Holding Limited MNSO fell 3.8% to $23.87 in pre-market trading.
  • Apellis Pharmaceuticals, Inc. APLS fell 3.2% to $32.57 in pre-market trading.

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