Alcoa Posts Weak Revenue, Joins QXO And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 150 points on Thursday.

Shares of Alcoa Corporation (NYSE:AA) fell sharply in today's pre-market trading following first-quarter results.

Alcoa reported quarterly earnings of $2.15 per share, which beat the analyst consensus estimate of $1.70. Quarterly revenue came in at $3.37 billion, which missed the analyst consensus estimate of $3.53 billion and is an increase over revenue of $2.6 billion from the same period last year.

Alcoa shares dipped 2.6% to $24.43 in the pre-market trading session.

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

• Sionna Therapeutics, Inc. (NASDAQ:SION) shares tumbled 30% to $7.00 in pre-market trading following a 5% gain on Wednesday.
• Mercer International Inc. (NASDAQ:MERC) shares dipped 20.4% to $4.10 in pre-market trading. Mercer International will release its first quarter results for the period ending March 31, 2025 on Thursday, May 1, after the closing bell.
• InnovAge Holding Corp. (NASDAQ:INNV) fell 15.5% to $2.40 in pre-market trading.
• Torrid Holdings Inc. (NYSE:CURV) fell 14.4% to $5.01 in pre-market trading after gaining around 6% on Wednesday.
• Liberty Latin America Ltd. (NASDAQ:LILAK) dipped 11.4% to $4.61 in pre-market trading.
• Interface, Inc. (NASDAQ:TILE) shares fell 8.7% to $17.01 in pre-market trading.
• QXO, Inc. (NASDAQ:QXO) fell 7.4% to $13.20 in pre-market trading as the company announced the pricing of common stock offering.
• TransAlta Corporation (NYSE:TAC) fell 6.3% to $8.12 in pre-market trading.

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