RH Posts Mixed Q1 Results, Joins MSC Industrial Direct And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 250 points on Friday.

Shares of RH RH fell sharply in today's pre-market trading after the company reported mixed first-quarter financial results.

RH reported quarterly losses of 40 cents per share which missed the analyst consensus estimate of losses of 12 cents per share. Quarterly sales came in at $726.96 million which beat the analyst consensus estimate of $724.7 million, according to data from Benzinga Pro.

RH shares dipped 11.6% to $244.97 in pre-market trading.

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

• Rezolute, Inc. RZLT shares fell 19.5% to $4.15 in pre-market trading after the company announced pricing of public offering of $60 million of common stock and pre-funded warrants.
• MSC Industrial Direct Co., Inc. MSM shares declined 11.3% to $75.00 in pre-market trading after the company reported preliminary third-quarter financial results below estimates and cut its FY24 adjusted operating margin.
• Orion Group Holdings, Inc. ORN shares fell 8.9% to $9.60 in pre-market trading.
• AC Immune SA ACIU shares declined 7.4% to $4.38 in pre-market trading.
• Bandwidth Inc. BAND shares fell 5.4% to $17.50 in pre-market trading after declining 5% on Thursday.
• Pinterest, Inc. PINS shares fell 4.6% to $41.26 in pre-market trading. DoubleVerify recently expanded its partnership with Pinterest to offer brand safety and suitability measurement.
• Dave & Buster’s Entertainment Inc PLAY shares fell 3.2% to $43.41 in pre-market trading. Dave & Buster’s shares dipped around 11% on Thursday after the company reported worse-than-expected quarterly financial results.

Now Read This: Wall Street’s Most Accurate Analysts Give Their Take On 3 Industrials Stocks With Over 3% Dividend Yields

Don't forget to check out our premarket coverage here