U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Monday.
Shares of Ryanair Holdings plc RYAAY shares fell sharply in today's pre-market trading after the company reported first-quarter results.
Ryanair said profits dipped 46% to 360 million euros (£303 million) for the first quarter, while the average fare declined 15% to 42 euros (£35) year-over-year.
Ryanair shares dipped 11.6% to $101.10 in the pre-market trading session.
Here are some big stocks recording losses in today's pre-market trading session.
- Redwire Corporation RDW shares fell 6.2% to $6.55 in pre-market trading. B. Riley Securities analyst Mike Crawford downgraded Redwire from Buy to Neutral, but raised the price target from $6 to $8.
- Clear Channel Outdoor Holdings, Inc. CCO shares fell 6% to $1.58 in pre-market trading. Clear Channel Outdoor will release second quarter results before the opening bell on Wednesday, Aug. 7.
- Honest Company Inc HNST shares tumbled 3.6% to $3.50 in pre-market trading.
- iQIYI, Inc. IQ shares dipped 3.4% to $3.38 in pre-market trading. iQIYI will report its financial results for the second quarter before the opening bell on Aug. 22.
- CrowdStrike Holdings, Inc. CRWD shares declined 3.4% to $294.60 in pre-market trading. Guggenheim analyst John Difucci downgraded the stock from Buy to Neutral. CrowdStrike shares dipped over 11% on Friday after the company suffered a major outage impacting businesses around the world.
- Verizon Communications Inc. VZ shares fell 3.3% to $40.25 in pre-market trading following weak quarterly sales.
- NANO Nuclear Energy Inc. NNE declined 3% to $18.72 in pre-market trading.
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