U.S. stock futures were lower this morning, with the Nasdaq futures dipping around 1% on Friday.
Shares of Smith & Wesson Brands, Inc. SWBI fell sharply in today's pre-market trading after the company reported worse-than-expected first-quarter financial results on Thursday.
Smith & Wesson Brands reported quarterly loss of 5 cents per share which missed the analyst consensus estimate for a loss of 2 cents per share. The company reported quarterly sales of $88.334 million which missed the analyst consensus estimate of $102.525 million.
Smith & Wesson Brands shares dipped 8.7% to $12.96 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
- Planet Labs PBC PL shares fell 9.7% to $2.24 in pre-market trading after the company posted downbeat quarterly sales.
- Broadcom Inc. AVGO shares dipped 9.4% to $138.51 in pre-market trading. Broadcom reported better-than-expected third-quarter financial results after the closing bell on Thursday. The company said it expects fourth-quarter revenue of approximately $14 billion.
- BRP Inc. DOOO shares fell 5.4% to $62.52 in pre-market trading after the company posted downbeat quarterly sales and lowered FY25 forecast.
- Indivior PLC INDV fell 5% to $10.54 in pre-market trading.
- Bloom Energy Corporation BE declined 4.9% to $10.49 in pre-market trading.
- Polestar Automotive Holding UK PLC PSNY fell 4.6% to $1.26 in pre-market trading.
- Braze, Inc. BRZE fell 3.5% to $42.60 in pre-market trading following second-quarter results.
- Woodside Energy Group Ltd WDS fell 2.3% to $16.32 in pre-market trading.
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