U.S. stock futures were higher this morning, with the Dow futures gaining around 150 points on Friday.
Shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA) fell sharply in today's pre-market trading after the company suspended its quarterly dividend.
After the market close on Thursday, Walgreens announced its board is suspending its cash dividend as management continues to evaluate its capital allocation policy as part of a longer-term turnaround strategy.
Walgreens shares dipped 10.4% to $10.28 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Deckers Outdoor Corporation (NYSE:DECK) fell 15.1% to $189.32 in pre-market trading after the company reported third-quarter results.
- Beazer Homes USA, Inc. (NYSE:BZH) declined 8.6% to $25.33 in pre-market trading following worse-than-expected reported first-quarter financial results.
- Olin Corporation (NYSE:OLN) fell 8.4% to $29.44 in pre-market trading following fourth-quarter earnings results.
- Boot Barn Holdings, Inc. (NYSE:BOOT) shares declined 6.6% to $162.99 in pre-market trading following third-quarter results.
- Vestis Corporation (NYSE:VSTS) fell 6.2% to $14.86 in pre-market trading following first-quarter results.
- PPG Industries, Inc. (NYSE:PPG) fell 3.9% to $118.00 in pre-market trading following downbeat earnings.
- Booz Allen Hamilton Holding Corporation (NYSE:BAH) fell 2.3% to $126.01 in pre-market trading following third-quarter results.
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