Scholastic Posts Downbeat Results, Joins Beyond Meat And Other Big Stocks Moving Lower In Friday Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Friday.

Shares of Scholastic Corporation SCHL fell sharply in today's pre-market trading following weaker-than-expected fourth-quarter results.

Scholastic reported quarterly earnings of $1.73 per share which missed the analyst consensus estimate of $2.66 per share. Quarterly sales came in at $474.9 million which missed the analyst consensus estimate of $552.496 million, according to data from Benzinga Pro.

Scholastic shares dipped 11.9% to $32.21 in the pre-market trading session.

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

• CrowdStrike Holdings, Inc. CRWD shares tumbled 19.3% to $276.99 in pre-market trading after the company suffered major outage impacting businesses around the world.
• SunPower Corporation SPWR shares dipped 14.6% to $1.29 in pre-market trading. SunPower shares dipped 40% on Thursday following the company's announcement of a significant operational pause and a subsequent analyst downgrade.
• Plug Power Inc. PLUG shares declined 12% to $2.57 in pre-market trading after the company announced the commencement of a $200 million public offering of its common stock.
• HighPeak Energy, Inc. HPK shares dipped 10.2% to $15.21 in pre-market trading.
• Autoliv, Inc. ALV fell 9% to $98.83 in pre-market trading following downbeat quarterly results.
• Riley Exploration Permian, Inc. REPX shares declined 7.4% to $27.94 in pre-market trading.
• Wipro Limited WIT fell 7.3% to $6.39 in pre-market trading following first-quarter results.

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