Smith & Wesson Brands, Abacus Life And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Comments
Loading...

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

Shares of Smith & Wesson Brands, Inc. SWBI fell sharply in today's pre-market trading after the company reported its fourth-quarter financial results.

Smith & Wesson reported quarterly earnings of 45 cents per share, which beat the analyst consensus estimate of 34 cents. Quarterly sales came in at $159.1 million, which beat the analyst consensus estimate of $156.796 million, according to data from Benzinga Pro.

Smith & Wesson Brands shares fell 4% to $15.74 in pre-market trading.

Here are some big stocks recording losses in today's pre-market trading session.

  • Molecular Partners AG MOLN shares tumbled 12.7% to $9.61 in pre-market trading after jumping over 38% on Thursday.
  • NANO Nuclear Energy Inc. NNE shares dipped 9.7% to $13.74 in pre-market trading after surging 31% on Thursday.
  • VinFast Auto Ltd. VFS shares declined 7.9% to $3.97 in pre-market trading after gaining 10% on Thursday.
  • Bitdeer Technologies Group BTDR fell 5.3% to $9.34 in pre-market trading after gaining over 8% on Thursday.
  • Abacus Life, Inc. ABL shares declined 5.2% to $9.24 in pre-market trading as the company priced $80 million public offering of 10 million common stock at $8 per share.
  • TeraWulf Inc. WULF shares fell 4.5% to $4.42 in pre-market trading.
  • Iris Energy Limited IREN shares slipped 4.3% to $13.30 in pre-market trading.
  • GameStop Corp. GME shares fell 2.6% to $24.92 in pre-market trading after gaining around 4% on Thursday.

Now Read This: CarMax Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

Don't forget to check out our premarket coverage here

Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!