U.S. stock futures were lower this morning, with the Dow Jones futures falling more than 100 points on Wednesday.
Progress Software Corporation (PRGS) posted stronger-than-expected results for its fourth quarter, leading to a 2.9% rise in pre-market trading as it surpassed projections.
The company projected adjusted earnings of $4.58 to $4.68 per share on revenue of $722 million to $732 million for FY24.
Other big stocks recorded gains in today’s pre-market trading session, including Natera, Inc. (NTRA) which jumped 8.3%, Impinj, Inc. (PI) which surged 7.6%, REGENXBIO Inc. (RGNX) with a 4.9% gain, Rumble Inc. (RUM) gaining 4.8%, and Maplebear Inc. (CART) rising 2.6%.
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