U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Thursday.
Shares of CommScope Holding Company, Inc. (NASDAQ:COMM) fell sharply in today's pre-market trading after the company reported worse-than-expected third-quarter financial results.
CommScope posted a quarterly loss of 5 cents per share, compared to market estimates of 31 cents per share. The company posted sales of $1.082 billion versus expectations of $1.422 billion.
CommScope shares dipped 47.5% to $3.65 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Digital Turbine, Inc. (NASDAQ:APPS) shares tumbled 41.1% to $1.91 in pre-market trading after reporting downbeat quarterly results.
- Wolfspeed, Inc. (NYSE:WOLF) shares fell 24.5% to $10.35 in pre-market trading after the company reported third-quarter financial results.
- SolarEdge Technologies, Inc. (NASDAQ:SEDG) declined 19% to $11.89 in pre-market trading following third-quarter results.
- Corsair Gaming Inc (NASDAQ:CRSR) fell 14.1% to $6.12 in today's pre-market trading after the company reported worse-than-expected financial results.
- Match Group, Inc. (NASDAQ:MTCH) fell 12.8% to $33.00 in pre-market trading following mixed third-quarter financial results.
- Krispy Kreme, Inc. (NASDAQ:DNUT) fell 12.6% to $10.85 in pre-market trading after the company reported worse-than-expected third-quarter EPS and sales.
- Burford Capital Limited (NYSE:BUR) dipped 12.1% to $12.85 in pre-market trading after gaining 6% on Wednesday.
- MercadoLibre, Inc. (NASDAQ:MELI) shares dipped 8.6% to $1,936.13 in pre-market trading following third-quarter results.
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