U.S. stock futures were slightly lower this morning, with the Nasdaq futures falling around 0.2% on Friday.
Shares of Sweetgreen, Inc. SG fell sharply in today's pre-market trading after the company reported worse-than-expected quarterly financial results.
Sweetgreen reported a quarterly loss of 18 cents per share, compared to market expectations for a loss of 16 cents per share. The company reported quarterly sales of $173.400 million which missed the analyst consensus estimate of $175.533 million.
Sweetgreen shares dipped 15% to $35.87 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Evolent Health, Inc. EVH shares fell 33.6% to $16.31 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
- agilon health, inc. AGL shares fell 29% to $1.98 in pre-market trading after the company reported worse-than-expected quarterly revenue results.
- Maravai LifeSciences Holdings, Inc. MRVI declined 26.6% to $5.75 in pre-market trading after the company reported worse-than-expected third-quarter financial results and cut its FY24 sales guidance.
- Redfin Corporation RDFN fell 14.1% to $9.85 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
- Pinterest, Inc. PINS shares dipped 12.7% to $29.62 in pre-market trading after the company reported worse-than-expected third-quarter EPS results.
- Pacific Biosciences of California, Inc. PACB dipped 12.6% to $2.14 in pre-market trading after the company reported worse-than-expected third-quarter revenue results.
- The Trade Desk, Inc. TTD declined 9.7% to $119.62 in pre-market trading following third-quarter results.
- DraftKings Inc. DKNG fell 5.2% to $36.97 in pre-market trading after the company reported worse-than-expected third-quarter revenue results and lowered its FY24 revenue guidance..
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