U.S. stock futures were lower this morning, with the Dow futures falling around 0.5% on Thursday.
Shares of The Estée Lauder Companies Inc. (NYSE:EL) fell sharply in today's pre-market trading after the company withdrew its FY25 guidance, citing uncertainties in the timing of market stabilization in mainland China and Asia travel retail, as well as recent leadership changes.
Estée Lauder shares dipped 17% to $72.30 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
- Aurora Innovation, Inc. (NASDAQ:AUR) shares dipped 15.3% to $5.62 after the company reported a wider-than-expected quarterly loss.
- Roku, Inc. (NASDAQ:ROKU) declined 15.2% to $65.55 in pre-market trading after reporting third-quarter results.
- Smith & Nephew plc (NYSE:SNN) fell 13.1% to $25.08 in pre-market trading.
- Monolithic Power Systems, Inc. (NASDAQ:MPWR) declined 11.4% to $814.99 in pre-market trading following third-quarter results.
- Robinhood Markets, Inc. (NASDAQ:HOOD) dipped 10.8% to $25.15 in pre-market trading after the company reported third-quarter sales below estimates.
- COMPASS Pathways plc (NASDAQ:CMPS) shares declined 9.7% to $5.59 in pre-market trading following third-quarter results.
- Universal Display Corporation (NASDAQ:OLED) shares dipped 9% to $185.01 in pre-market trading after the company reported worse-than-expected third-quarter revenue results.
- eBay Inc. (NASDAQ:EBAY) declined 8.9% to $57.05 in pre-market trading after the company issued FY24 revenue guidance below estimates.
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