Concentrix Reports Weak Earnings, Joins CarMax And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Thursday.

Shares of Concentrix Corporation CNXC fell sharply in today's pre-market trading following mixed third-quarter financial results.

Concentrix reported quarterly earnings of $2.87 per share, which missed the analyst consensus estimate of $2.93 per share. Quarterly revenue came in at $2.387 billion, which beat the analyst consensus estimate of $2.382 billion.

Concentrix shares dipped 13.8% to $54.79 in pre-market trading.

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

• One Liberty Properties, Inc. OLP shares dipped 26.3% to $20.02 in pre-market trading.
• Pagaya Technologies Ltd. PGY shares fell 15% to $10.59 in pre-market trading after the company announced its intention to offer $125 million of exchangeable senior notes due 2029 in a private offering.
• Critical Metals Corp CRML shares declined 8.3% to $6.00 in pre-market trading after dipping over 8% on Wednesday.
• CarMax, Inc. KMX shares declined 7.3% to $69.02 in pre-market trading following downbeat quarterly earnings.
• Armada Hoffler Properties, Inc. AHH declined 7.3% to $11.00 in pre-market trading. Armada Hoffler announced upsizing and pricing of public offering of common stock.
• Sonos, Inc. SONO shares fell 6% to $11.86 in pre-market trading.

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