Whirlpool Posts Downbeat Earnings, Joins Harmonic, Stanley Black & Decker And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 100 points on Tuesday.
Shares of Whirlpool Corporation (NYSE:WHR) fell sharply in pre-market trading after the company reported worse-than-expected second-quarter financial results and cut its FY25 earnings guidance.
Whirlpool shares dipped 16.3% to $81.93 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Fulcrum Therapeutics, Inc. (NASDAQ:FULC) shares dipped 20% to $6.25 in pre-market trading following second-quarter results.
- NeoGenomics, Inc. (NASDAQ:NEO) declined 14.8% to $5.50 in pre-market trading as the company posted downbeat second-quarter sales and lowered its FY2025 sales guidance.
- Harmonic Inc. (NASDAQ:HLIT) fell 13.8% to $7.88 in pre-market trading after the company issued third-quarter guidance below estimates.
- Novo Nordisk A/S (NYSE:NVO) declined 13% to $60.05 in pre-market trading after the company lowered its 2025 sales outlook, citing reduced growth expectations for Wegovy and Ozempic in the US and weaker Wegovy penetration.
- Tilray Brands, Inc. (NASDAQ:TLRY) fell 12.1% to $0.6150 in pre-market trading following weak quarterly sales.
- Exelixis, Inc. (NASDAQ:EXEL) declined 11% to $39.50 in pre-market trading after the company reported worse-than-expected quarterly revenue results.
- Stanley Black & Decker, Inc. (NYSE:SWK) fell 6.6% to $69.00 in pre-market trading following downbeat quarterly sales.
- VeriSign, Inc. (NASDAQ:VRSN) fell 6.5% to $286.00 in pre-market trading following a 4.3 million share secondary offering by Berkshire Hathaway to reduce its stake below 10%.
- Royal Caribbean Cruises Ltd. (NYSE:RCL) fell 5.5% to $332.49 in pre-market trading after the company issued third-quarter guidance below estimates, despite raising FY25 guidance.
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