Applied Digital Reports Downbeat Results, Joins Nurix Therapeutics And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures gaining over 50 points on Friday.
Shares of Applied Digital Corporation (NASDAQ:APLD) fell sharply in today’s pre-market trading after the company reported worse-than-expected third-quarter financial results.
Applied Digital posted a quarterly loss of 24 cents per share, versus a year-ago loss of 10 cents per share. The company’s quarterly sales came in at $43.35 million versus expectations of $51.92 million, according to data from Benzinga Pro.
Applied Digital shares dipped 9.1% to $2.79 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading session.
- Tevogen Bio Holdings Inc. (NASDAQ:TVGN) shares declined 8.5% to $2.26 in pre-market trading.
- Nurix Therapeutics, Inc. (NASDAQ:NRIX) shares declined 6.3% to $16.12 pre-market trading after the company priced its upsized $175m public offering of 10,166,667 common shares at $15 per share.
- XPeng Inc. (NYSE:XPEV) shares fell 4.6% to $7.89 in pre-market trading.
- Taysha Gene Therapies, Inc. (NASDAQ:TSHA) shares fell 3.7% to $3.10 in pre-market trading.
- Korea Electric Power Corporation (NYSE:KEP) shares declined 3.2% to $7.54 in pre-market trading after falling over 3% on Thursday.
- Esperion Therapeutics, Inc. (NASDAQ:ESPR) shares fell 3.1% to $2.24 in pre-market trading after dipping 8% on Thursday.
- JD.com, Inc. (NASDAQ:JD) shares fell 3% to $26.20 in pre-market trading.
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