Ryanair Posts Q1 Results, Joins CrowdStrike And Other Big Stocks Moving Lower In Monday's Pre-Market Session

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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