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Sweetgreen Posts Downbeat Results, Joins Evolent Health, Redfin, Pinterest And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Benzinga ·  Nov 8, 2024 08:47

U.S. stock futures were slightly lower this morning, with the Nasdaq futures falling around 0.2% on Friday.

Shares of Sweetgreen, Inc. (NYSE:SG) fell sharply in today's pre-market trading after the company reported worse-than-expected quarterly financial results.

Sweetgreen reported a quarterly loss of 18 cents per share, compared to market expectations for a loss of 16 cents per share. The company reported quarterly sales of $173.400 million which missed the analyst consensus estimate of $175.533 million.

Sweetgreen shares dipped 15% to $35.87 in the pre-market trading session.

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

  • Evolent Health, Inc. (NYSE:EVH) shares fell 33.6% to $16.31 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
  • agilon health, inc. (NYSE:AGL) shares fell 29% to $1.98 in pre-market trading after the company reported worse-than-expected quarterly revenue results.
  • Maravai LifeSciences Holdings, Inc. (NASDAQ:MRVI) declined 26.6% to $5.75 in pre-market trading after the company reported worse-than-expected third-quarter financial results and cut its FY24 sales guidance.
  • Redfin Corporation (NASDAQ:RDFN) fell 14.1% to $9.85 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
  • Pinterest, Inc. (NYSE:PINS) shares dipped 12.7% to $29.62 in pre-market trading after the company reported worse-than-expected third-quarter EPS results.
  • Pacific Biosciences of California, Inc. (NASDAQ:PACB) dipped 12.6% to $2.14 in pre-market trading after the company reported worse-than-expected third-quarter revenue results.
  • The Trade Desk, Inc. (NASDAQ:TTD) declined 9.7% to $119.62 in pre-market trading following third-quarter results.
  • DraftKings Inc. (NASDAQ:DKNG) fell 5.2% to $36.97 in pre-market trading after the company reported worse-than-expected third-quarter revenue results and lowered its FY24 revenue guidance..

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