U.S. stock futures were higher this morning, with the Dow futures gaining over 150 points on Tuesday.
Shares of Aehr Test Systems, Inc. AEHR fell sharply in today's pre-market trading after the company reported worse-than-expected financial results for the second quarter on Monday.
Aehr Test Systems reported quarterly earnings of 2 cents per share which missed the analyst consensus estimate of 4 cents. Quarterly revenue came in at $13.45 million which missed the analyst consensus estimate of $15.03 million and is a decrease from sales of $21.43 million from the same period last year.
Aehr Test Systems shares dipped 19.3% to $12.90 in pre-market trading
Here are some other stocks moving lower in pre-market trading.
- FTAI Infrastructure Inc. FIP shares tumbled 12.4% to $7.04 in pre-market trading.
- Crown LNG Holdings Limited CGBS dipped 7.2% to $0.90 in pre-market trading.
- Embecta Corp. EMBC fell 6% to $18.71 in pre-market trading.
- Ardent Health Partners, Inc. ARDT fell 5.5% to $15.17 in pre-market trading.
- Trump Media & Technology Group Corp. DJT fell 5.3% to $40.64 in pre-market trading after jumping over 21% on Monday.
- Intrepid Potash, Inc. IPI fell 4.7% to $24.01 in pre-market trading after jumping more than 10% on Monday.
- Bausch + Lomb Corporation BLCO fell 2.1% to $17.01 in pre-market trading.
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