Cisco, Boot Barn Holdings And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures traded slightly higher this morning. Here are some big stocks recording losses in today’s pre-market trading session.

• Boot Barn Holdings, Inc. BOOT shares dropped 15.8% to $62.99 in pre-market after the company issued weak financial guidance for Q1 and FY24.
• Applied Digital Corporation APLD shares declined 5.3% to $6.68 in pre-market trading. Applied Digital Form 4 filing showed CEO and Chairman Wes Cummins bought 10,000 shares of common stock at an average price of $6.17 per share.
• Rigel Pharmaceuticals, Inc. RIGL shares fell 5% to $1.73 in pre-market trading after jumping 41% on Wednesday.
• Sociedad Química y Minera de Chile S.A. SQM fell 4.4% to $69.50 in pre-market trading following weak results for the first quarter.
• Cisco Systems, Inc. CSCO shares dropped 3.8% to $45.83 in pre-market trading. Cisco reported better-than-expected earnings and sales results for its third quarter. The company said it sees fiscal fourth-quarter revenue to be between $1.05 and $1.07 per share and revenue growth of 14% to 16%.
• Energy Vault Holdings, Inc. NRGV shares declined 3.3% to $2.06 in pre-market trading after jumping 16% on Wednesday.
• Consolidated Communications Holdings, Inc. CNSL shares dropped 3.2% to $3.67 in pre-market trading. The company recently posted downbeat first-quarter results.

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