U.S. stock futures were higher this morning, with the Dow futures gaining around 150 points on Monday.
Shares of Sapiens International Corporation N.V. (NASDAQ:SPNS) fell sharply in today's pre-market trading after the company reported worse-than-expected third-quarter financial results.
Sapiens Intl posted third-quarter adjusted earnings of 37 cents per share, missing market estimates of 38 cents per share. The company's quarterly sales came in at $137.03 million versus expectations of $140.07 million.
Sapiens International shares dipped 21.5% to $30.98 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Sky Harbour Group Corporation (NASDAQ:SKYH) shares fell 9% to $10.55 in pre-market trading. Sky Harbour will report its third-quarter financial results on Tuesday, Nov. 12.
- NuScale Power Corporation (NYSE:SMR) shares dipped 5.7% to $23.05 in pre-market trading after gaining 13% on Friday.
- Tempus AI, Inc (NASDAQ:TEM) fell 5.2% to $69.85 in pre-market trading after jumping 30% on Friday.
- Xeris Biopharma Holdings, Inc. (NASDAQ:XERS) dipped 4.9% to $3.30 in pre-market trading. Xeris Biopharma Holdings posted upbeat quarterly results on Friday.
- Gold Fields Limited (NYSE:GFI) declined 4.7% to $15.06 in pre-market trading.
- Lifeway Foods, Inc. (NASDAQ:LWAY) declined 4.2% to $22.10 in pre-market trading after falling 8% on Friday.
- Butterfly Network, Inc. (NYSE:BFLY) fell 3.4% to $2.53 in pre-market trading.
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