U.S. stock futures were mostly higher this morning, with the Dow futures gaining around 80 points on Tuesday.
Shares of AudioCodes Ltd. AUDC fell sharply in today's pre-market trading after the company reported worse-than-expected first-quarter financial results.
AudioCodes posted adjusted earnings of 17 cents per share, missing market estimates of 23 cents per share. The company's quarterly sales came in at $60.076 million versus expectations of $62.452 million, according to data from Benzinga Pro.
AudioCodes shares dipped 11.3% to $10.10 in pre-market trading in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
- Trupanion, Inc. TRUP shares fell 13% to $20.68 in pre-market trading following first-quarter results.
- Palantir Technologies Inc. PLTR shares dipped 9.3% to $22.85 pre-market trading following soft revenue guidance.
- Lucid Group, Inc. LCID shares fell 8.5% to $2.79 in pre-market trading after the company reported mixed first-quarter financial results.
- Beyond, Inc. BYON fell 8.3% to $20.08 in pre-market trading following weaker-than-expected quarterly results.
- Fresenius Medical Care AG FMS shares declined 7.9% to $19.73 in pre-market trading.
- Bilibili Inc. BILI shares fell 5.4% to $13.97 in pre-market trading.
- Gold Fields Limited GFI shares slipped 5.1% to $15.71 in pre-market trading.
Now Read This: Investor Optimism Decreases Slightly, But Dow Records Gains For 4th Day
Don't forget to check out our premarket coverage here
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.