Dave & Buster's Posts Downbeat Results, Joins J.Jill And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Author: Avi Kapoor | June 13, 2024 05:51am

U.S. stock futures were mixed this morning, with the Dow futures falling around 100 points on Thursday.

Shares of Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) fell sharply in today's pre-market trading after the company posted downbeat results for its first quarter on Wednesday.

Dave & Buster's reported quarterly earnings of $1.12 per share which missed the analyst consensus estimate of $1.70. Quarterly sales clocked in at $588.1 million which missed the analyst consensus estimate of $621.26 million. Comparable store sales decreased 5.6% compared with the same calendar period in 2023, according to data from Benzinga Pro.

Dave & Buster’s Entertainment shares dipped 10.6% to $45.03 in pre-market trading.

Here are some big stocks recording losses in today's pre-market trading session.

J.Jill, Inc. (NYSE:JILL) shares dipped 15.7% to $33.36 in pre-market trading. J.Jill priced its public offering of 2 million common stock at $31 per share.
Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) shares declined 10.5% to $39.97 in pre-market trading after the company announced a proposed public offering of common stock and pre-funded warrants.
Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares declined 8.3% to $0.78 in pre-market trading after the company announced it will effect a reverse stock split.
ZKH Group Limited (NYSE:ZKH) shares fell 6.4% to $5.37 in pre-market trading after dipping around 58% on Wednesday.
Jack in the Box Inc (NASDAQ:JACK) shares declined 5% to $53.14 in pre-market trading after gaining oer 3% on Wednesday.
Toyota Motor Corporation (NYSE:TM) shares fell 3% to $199.52 in pre-market trading.