Alcoa Posts Weak Revenue, Joins QXO And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 150 points on Thursday.

Shares of Alcoa Corporation AA fell sharply in today's pre-market trading following first-quarter results.

Alcoa reported quarterly earnings of $2.15 per share, which beat the analyst consensus estimate of $1.70. Quarterly revenue came in at $3.37 billion, which missed the analyst consensus estimate of $3.53 billion and is an increase over revenue of $2.6 billion from the same period last year.

Alcoa shares dipped 2.6% to $24.43 in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

Sionna Therapeutics, Inc. SION shares tumbled 30% to $7.00 in pre-market trading following a 5% gain on Wednesday.
Mercer International Inc. MERC shares dipped 20.4% to $4.10 in pre-market trading. Mercer International will release its first quarter results for the period ending March 31, 2025 on Thursday, May 1, after the closing bell.
InnovAge Holding Corp. INNV fell 15.5% to $2.40 in pre-market trading.
Torrid Holdings Inc. CURV fell 14.4% to $5.01 in pre-market trading after gaining around 6% on Wednesday.
Liberty Latin America Ltd. LILAK dipped 11.4% to $4.61 in pre-market trading.
Interface, Inc. TILE shares fell 8.7% to $17.01 in pre-market trading.
QXO, Inc. QXO fell 7.4% to $13.20 in pre-market trading as the company announced the pricing of common stock offering.
TransAlta Corporation TAC fell 6.3% to $8.12 in pre-market trading.