Foot Locker Posts Downbeat Results, Joins Couchbase And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Wednesday.

Shares of Foot Locker, Inc. (NYSE:FL) fell sharply in today's pre-market trading following third-quarter results.

Foot Locker reported quarterly earnings of 33 cents per share which missed the analyst consensus estimate of 41 cents per share. The company reported quarterly sales of $1.96 billion which missed the analyst consensus estimate of $2.01 billion.

Foot Locker shares dipped 14% to $20.80 in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

• ZJK Industrial Co., Ltd. (NASDAQ:ZJK) shares fell 13.4% to $14.95 in pre-market trading. ZJK Industrial shares jumped 172% on Tuesday after the company announced it received a request to produce samples for one of NVIDIA’s upcoming liquid cooling manifold projects.
• Intuitive Machines, Inc. (NASDAQ:LUNR) fell 12.7% to $12.36 in pre-market trading. Intuitive Machines priced its upsized $110.0 million offering of shares of its Class A common stock and concurrent private placement.
• Couchbase, Inc. (NASDAQ:BASE) shares dipped 11% to $18.80 in pre-market trading after the company issued fourth-quarter revenue guidance below estimates.
• Gaotu Techedu Inc. (NYSE:GOTU) declined 9.4% to $2.70 in pre-market trading following third-quarter results.
• GXO Logistics, Inc. (NYSE:GXO) shares fell 7.6% to $54.50 in pre-market trading. GXO Logistics said CEO Malcolm Wilson has informed board that he plans to retire in 2025.
• Crescent Energy Company (NASDAQ:CRGY) fell 5.4% to $14.32 in today's pre-market trading. Crescent Energy Company priced its upsized public offering of 21.5 million Class A common shares at $14/share.

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