Heico, Corvus Pharmaceuticals, Tesla And Other Big Stocks Moving Lower In Monday's Pre-Market Session

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

Shares of HEICO Corporation HEI fell sharply in today's pre-market trading following fourth-quarter results.

Heico reported quarterly earnings of 99 cents per share which beat the analyst consensus estimate of 98 cents per share. The company reported quarterly sales of $1.01 billion which missed the analyst consensus estimate of $1.03 billion.

HEICO shares dipped 5.7% to $245.00 in the pre-market trading session.

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

• Corvus Pharmaceuticals, Inc. CRVS shares dipped 35.7% to $4.74 in pre-market trading. The company announced interim data from the randomized, double-blind, placebo-controlled Phase 1 clinical trial evaluating soquelitinib in patients with moderate to severe atopic dermatitis.
• Fitell Corporation FTEL shares declined 25.2% to $28.72 in pre-market trading after jumping 28% on Tuesday.
• Radiopharm Theranostics Limited RADX declined 22.2% to $3.51 in pre-market trading.
• Southern States Bancshares, Inc. SSBK fell 9.6% to $32.00 in pre-market trading.
• Worthington Steel, Inc. WS shares dipped 8.6% to $36.00 in pre-market trading ahead of quarterly earnings.
• Structure Therapeutics Inc. GPCR shares fell 6.3% to $29.50 in pre-market trading. Structure Therapeutics announced selection of lead oral small molecule amylin receptor agonist ACCG-2671 for the treatment of obesity.
• Tesla, Inc. TSLA fell 2.1% to $469.95 in pre-market trading. Baird analyst Ben Kallo maintained Tesla with an Outperform and raised the price target from $280 to $480.

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