Philips Reports Q4 Results, Joins Ryanair And Other Big Stocks Moving Lower In Monday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Monday.

Shares of Koninklijke Philips N.V. (NYSE:PHG) shares fell in today’s pre-market trading after the company reported fourth-quarter results and agreed with the US Department of Justice, representing the FDA, on terms of consent decree focused on Philips Respironics in the US.

Philips shares dipped 5.6% to $21.48 in pre-market trading.

Here are some big stocks recording losses in today’s pre-market trading session.

• Nukkleus Inc. (NASDAQ:NUKK) shares dipped 9.7% to $0.9486 in pre-market trading. Nukkleus appinted C. Derek Campbell to its Board of Directors.
• Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) shares declined 6.5% to $37.70 in pre-market trading.
• BrightSpring Health Services, Inc. (NASDAQ:BTSG) shares fell 3.6% to $10.61 in pre-market trading after dipping around 15% on Friday.
• GigaCloud Technology Inc. (NASDAQ:GCT) fell 4.4% to $24.50 in pre-market trading after gaining 10% on Friday.
• Revance Therapeutics, Inc. (NASDAQ:RVNC) shares fell 4.4% to $5.70 in pre-market trading. Revance Therapeutics recently issued preliminary fourth-quarter and FY23 financial results and guidance.
• MorphoSys AG (NASDAQ:MOR) fell 4.2% to $11.04 in pre-market trading after jumping over 16% on Friday. Morgan Stanley recently downgraded the stock from Overweight to Equal-Weight.
• Ryanair Holdings plc (NASDAQ:RYAAY) fell 3.5% to $125.50 in pre-market trading after the company reported third-quarter financial results and trimmed its profit outlook for the year.

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