U.S. stock futures were lower this morning, with the Dow futures falling around 100 points on Thursday.
Shares of Coty Inc. (NYSE:COTY) fell sharply in the pre-market trading session as the company posted mixed fourth-quarter fiscal results.
The company posted revenue of $1.25 billion, surpassing Wall Street estimates of $1.20 billion. Coty posted an adjusted loss of 5 cents per share for the quarter, missing analyst expectations for positive earnings of 2 cents per share.
Coty shares dipped 21.4% to $3.7900 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Canadian Solar Inc. (NASDAQ:CSIQ) shares dipped 9.3% to $11.56 in pre-market trading as the company posted downbeat second-quarter results and cut its FY2025 sales guidance.
- Shineco, Inc. (NASDAQ:SISI) declined 8.3% to $6.23 in pre-market trading. Shineco shares jumped 37% on Wednesday after the company unveiled its on-chain cell asset tokenization platform.
- Xunlei Limited (NASDAQ:XNET) dipped 5.1% to $6.95 in pre-market trading after declining 7% on Wednesday.
- Rocket Pharmaceuticals, Inc. (NASDAQ:RCKT) fell 5.1% to $3.56 in pre-market trading. Rocket Pharmaceuticals shares gained around 29% on Wednesday after the FDA lifted a clinical hold on its pivotal Phase 2 trial for RP-A501.
- Xunlei Limited (NASDAQ:XNET) fell 4.8% to $6.97 in pre-market trading.
- Telefónica, S.A. (NYSE:TEF) dipped 4.5% to $5.45 in pre-market trading.
- SuperX AI Technology Limited (NASDAQ:SUPX) fell 3% to $31.85 in pre-market trading after jumping 14% on Wednesday.
- Bilibili Inc. (NASDAQ:BILI) fell 2.8% to $24.60 in pre-market trading following second-quarter results.
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