GameStop Reports Weak Sales, Joins Petco, Relay Therapeutics And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 150 points on Wednesday.

Shares of GameStop Corp. GME fell sharply in today's pre-market trading following second-quarter results.

GameStop reported second-quarter net sales of $798.0 million, which missed a Street consensus estimate of $895.7 million, according to data from Benzinga Pro. The company reported a profit of 1 cent per share, beating a Street consensus estimate of a loss of 9 cents per share.

GameStop shares dipped 10.5% to $20.98 in pre-market trading.

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

• Rentokil Initial plc RTO shares fell 17.6% to $26.02 in pre-market trading.
• Trump Media & Technology Group Corp. DJT shares declined 16% to $15.65 in pre-market trading after gaining 3% on Tuesday.
• Relay Therapeutics, Inc. RLAY shares dipped 11.9% to $7.93 in pre-market trading. Relay Therapeutics priced its $200 million public offering of 28,571,429 common shares at $7/share.
• CTO Realty Growth, Inc. CTO fell 7.6% to $19.54 in pre-market trading after gaining over 8% on Tuesday.
• The GEO Group, Inc. GEO shares declined 7.2% to $12.50 in pre-market trading.
• EVgo, Inc. EVGO shares fell 6.1% to $3.82 in pre-market trading after adding over 5% on Tuesday.
• Rollins, Inc. ROL shares declined 6.1% to $48.00 in pre-market trading.
• Petco Health and Wellness Company, Inc. WOOF fell 5.5% to $2.90 in pre-market trading after reporting second-quarter results.

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