UiPath Posts Weak Revenue, Joins SentinelOne, American Eagle And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

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U.S. stock futures were lower this morning, with the Dow futures falling around 0.1% on Thursday.

Shares of UiPath Inc. PATH fell sharply in today's pre-market trading after the company reported a fourth-quarter revenue miss and issued first-quarter revenue guidance below estimates.

UiPath reported quarterly earnings of nine cents per share, which beat the analyst consensus estimate of three cents. Quarterly revenue of $424 million missed the analyst consensus estimate of $425.36 million and is an increase over revenue of $405.25 million from the same period last year.

UiPath shares dipped 16.7% to $9.85 in the pre-market trading session.

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

  • SentinelOne, Inc. S fell 13.6% to $16.68 in pre-market trading after the company reported fourth-quarter results.      
  • American Eagle Outfitters, Inc. AEO shares dipped 10.9% to $10.20 in pre-market trading following fourth-quarter results.
  • A10 Networks, Inc. ATEN fell 10.4% to $17.51 in pre-market trading after the company announced $200 million convertible senior notes offering.
  • VNET Group, Inc. VNET dipped 10.2% to $9.88 in pre-market trading as the company announced a proposed offering of convertible senior notes.
  • AnaptysBio, Inc ANAB shares tumbled 6.8% to $16.50 in pre-market trading.
  • PACCAR Inc PCAR fell 5.2% to $97.00 in pre-market trading.
  • AngioDynamics, Inc. ANGO fell 3.2% to $9.10 in pre-market trading.
  • Mister Car Wash, Inc. MCW fell 2.3% to $7.60 in pre-market trading. Raymond James analyst Bobby Griffin initiated coverage on Mister Car Wash with an Outperform rating and announced a price target of $10.

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Got Questions? Ask
Which automation technology stocks will face pressure after UiPath's results?
How will SentinelOne's earnings impact cybersecurity investments?
What opportunities exist in retail stocks after American Eagle's drop?
Could A10 Networks' convertible notes affect tech valuations?
How might VNET Group's note offering influence investor sentiment?
Which healthcare stocks could benefit from AngioDynamics' decline?
Are there potential gains in car wash service stocks after Mister Car Wash's rating?
How will PACCAR's drop affect the auto industry outlook?
Which emerging tech firms could capitalize on UiPath's struggles?
What trends should investors watch in consumer discretionary sectors now?
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