U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Tuesday.
Shares of On Holding AG ONON fell sharply in today's pre-market trading following mixed second-quarter financial results.
On Holding reported quarterly earnings of 15 cents per share which missed the analyst consensus estimate of 16 cents per share. The company reported quarterly sales of $627.683 million which beat the analyst consensus estimate of $561.038 million.
On Holding shares dipped 8.6% to $36.15 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
- Viasat, Inc. VSAT fell 7.5% to $19.99 pre-market trading after declining 5% on Monday.
- UTime Limited WTO shares declined 6.8% to $1.36 after jumping around 22% on Monday.
- Tencent Music Entertainment Group TME shares fell 6.3% to $12.30 in pre-market trading following a second-quarter revenue miss.
- Hudbay Minerals Inc. HBM shares declined 4.9% to $7.00 in pre-market trading following a second-quarter revenue miss.
- Genmab A/S GMAB shares fell 4.2% to $25.41.
- Lumen Technologies, Inc. LUMN declined 3% to $4.50 after dipping around 17% on Monday.
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