Smith & Wesson Brands, Abacus Life And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Author: Avi Kapoor | June 21, 2024 05:42am

U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Friday.

Shares of Smith & Wesson Brands, Inc. (NASDAQ:SWBI) fell sharply in today's pre-market trading after the company reported its fourth-quarter financial results.

Smith & Wesson reported quarterly earnings of 45 cents per share, which beat the analyst consensus estimate of 34 cents. Quarterly sales came in at $159.1 million, which beat the analyst consensus estimate of $156.796 million, according to data from Benzinga Pro.

Smith & Wesson Brands shares fell 4% to $15.74 in pre-market trading.

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

• Molecular Partners AG (NASDAQ:MOLN) shares tumbled 12.7% to $9.61 in pre-market trading after jumping over 38% on Thursday.
• NANO Nuclear Energy Inc. (NASDAQ:NNE) shares dipped 9.7% to $13.74 in pre-market trading after surging 31% on Thursday.
• VinFast Auto Ltd. (NASDAQ:VFS) shares declined 7.9% to $3.97 in pre-market trading after gaining 10% on Thursday.
• Bitdeer Technologies Group (NASDAQ:BTDR) fell 5.3% to $9.34 in pre-market trading after gaining over 8% on Thursday.
• Abacus Life, Inc. (NASDAQ:ABL) shares declined 5.2% to $9.24 in pre-market trading as the company priced $80 million public offering of 10 million common stock at $8 per share.
• TeraWulf Inc. (NASDAQ:WULF) shares fell 4.5% to $4.42 in pre-market trading.
• Iris Energy Limited (NASDAQ:IREN) shares slipped 4.3% to $13.30 in pre-market trading.
• GameStop Corp. (NYSE:GME) shares fell 2.6% to $24.92 in pre-market trading after gaining around 4% on Thursday.

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Posted In: ABL BTDR GME IREN MOLN NNE SWBI VFS WULF