Sherwin-Williams Posts Weak Results, Joins Logitech And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Comments
Loading...

U.S. stock futures were lower this morning, with the Nasdaq futures falling around 100 points on Tuesday.

Shares of The Sherwin-Williams Company SHW fell in today's pre-market trading after the company reported third-quarter adjusted EPS and sales below analyst estimates.

Sherwin-Williams posted adjusted earnings of $3.37 per share, missing market estimates of $3.54 per share. The company posted sales of $6.162 billion, missing market estimates of $6.201 billion.

The Sherwin-Williams shares dipped 8.3% to $350.01 in pre-market trading.

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

  • Medpace Holdings, Inc. MEDP shares dipped 11.3% to $313.00 in pre-market trading after the company reported worse-than-expected third-quarter sales results.
  • Genuine Parts Company GPC fell 9.2% to $130.00 in pre-market trading after reporting weak quarterly earnings.
  • NANO Nuclear Energy Inc. NNE fell 8.3% to $25.10 in pre-market trading after the company announced an offering of 1,398,602 units.
  • ATN International, Inc. ATNI shares declined 8.1% to $29.30. ATN International will release third quarter results on Tuesday, Oct. 29.
  • Logitech International S.A. LOGI shares fell 8.1% to $84.21 following second-quarter results.
  • UP Fintech Holding Limited LOGI fell 6.9% to $6.92 in pre-market trading. UP Fintech announced a proposed follow-on public offering of American Depositary Shares.

Now Read This:

Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!