Misses 4th Quarter Expectations, Stock Prices Drop Misses 4th Quarter Expectations, Stock Prices Drop

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U.S. stock futures were mixed this morning, with the Dow futures trading lower by around 45 points on Monday.

Shares of Ltd. MNDY fell sharply in today’s pre-market trading after the company reported fourth-quarter financial results. posted adjusted earnings of 65 cents per share on sales of $202.57 million. shares dipped 9% to $214.69 in pre-market trading.

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

  • AN2 Therapeutics, Inc. ANTX shares dipped 72% to $5.59 in pre-market trading as the company said it will voluntarily pause enrollment in Phase 3 part of Phase 2/3 pivotal clinical trial evaluating epetraborole for the treatment-refractory Mycobacterium Avium Complex (MAC) lung disease.
  • TELUS International (Cda) Inc. TIXT shares fell 11% to $8.37 in pre-market trading. On Friday, TELUS International posted downbeat fourth-quarter results.
  • Applied Digital Corporation APLD shares dipped 7.5% to $4.88 in pre-market trading after gaining 5% on Friday. Applied Digital, last month, reported worse-than-expected second-quarter financial results.
  • Precigen, Inc. PGEN shares declined 6.4% to $1.31 in pre-market trading. Precigen, last month, received Orphan Drug designation for PRGN-2012 for the treatment of recurrent respiratory papillomatosis from the European Commission.
  • Microvast Holdings, Inc. MVST shares slipped 5% to $0.96 in pre-market trading after gaining 9% on Friday.
  • Wynn Resorts, Limited WYNN shares fell 4.4% to $101.00 in pre-market trading. Wynn Resorts, last week, reported better-than-expected fourth-quarter financial results.
  • Larimar Therapeutics, Inc. LRMR shares fell 3.9% to $7.46 in pre-market trading after surging around 24% on Friday.
  • Manchester United plc MANU shares fell 3% to $20.50 in pre-market trading.

Now Read This: Waste Management, Goodyear Tire And 3 Stocks To Watch Heading Into Monday

Don’t forget to check out our premarket coverage here

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