U.S. stock futures were lower this morning, with the Dow futures falling around 150 points on Tuesday.
Shares of HEICO Corporation (NYSE:HEI) fell sharply in today's pre-market trading following fourth-quarter results.
Heico reported quarterly earnings of 99 cents per share which beat the analyst consensus estimate of 98 cents per share. The company reported quarterly sales of $1.01 billion which missed the analyst consensus estimate of $1.03 billion.
HEICO shares dipped 5.7% to $245.00 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Corvus Pharmaceuticals, Inc. (NASDAQ:CRVS) shares dipped 35.7% to $4.74 in pre-market trading. The company announced interim data from the randomized, double-blind, placebo-controlled Phase 1 clinical trial evaluating soquelitinib in patients with moderate to severe atopic dermatitis.
- Fitell Corporation (NASDAQ:FTEL) shares declined 25.2% to $28.72 in pre-market trading after jumping 28% on Tuesday.
- Radiopharm Theranostics Limited (NASDAQ:RADX) declined 22.2% to $3.51 in pre-market trading.
- Southern States Bancshares, Inc. (NASDAQ:SSBK) fell 9.6% to $32.00 in pre-market trading.
- Worthington Steel, Inc. (NYSE:WS) shares dipped 8.6% to $36.00 in pre-market trading ahead of quarterly earnings.
- Structure Therapeutics Inc. (NASDAQ:GPCR) shares fell 6.3% to $29.50 in pre-market trading. Structure Therapeutics announced selection of lead oral small molecule amylin receptor agonist ACCG-2671 for the treatment of obesity.
- Tesla, Inc. (NASDAQ:TSLA) fell 2.1% to $469.95 in pre-market trading. Baird analyst Ben Kallo maintained Tesla with an Outperform and raised the price target from $280 to $480.
Now Read This:
- Top 3 Health Care Stocks That May Explode In Q4