U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Thursday.
Shares of Concentrix Corporation (NASDAQ:CNXC) fell sharply in today's pre-market trading following mixed third-quarter financial results.
Concentrix reported quarterly earnings of $2.87 per share, which missed the analyst consensus estimate of $2.93 per share. Quarterly revenue came in at $2.387 billion, which beat the analyst consensus estimate of $2.382 billion.
Concentrix shares dipped 13.8% to $54.79 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
- One Liberty Properties, Inc. (NYSE:OLP) shares dipped 26.3% to $20.02 in pre-market trading.
- Pagaya Technologies Ltd. (NASDAQ:PGY) shares fell 15% to $10.59 in pre-market trading after the company announced its intention to offer $125 million of exchangeable senior notes due 2029 in a private offering.
- Critical Metals Corp (NASDAQ:CRML) shares declined 8.3% to $6.00 in pre-market trading after dipping over 8% on Wednesday.
- CarMax, Inc. (NYSE:KMX) shares declined 7.3% to $69.02 in pre-market trading following downbeat quarterly earnings.
- Armada Hoffler Properties, Inc. (NYSE:AHH) declined 7.3% to $11.00 in pre-market trading. Armada Hoffler announced upsizing and pricing of public offering of common stock.
- Sonos, Inc. (NASDAQ:SONO) shares fell 6% to $11.86 in pre-market trading.
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