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Indivior Cuts 2024 Outlook, Joins BP And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Author: Avi Kapoor | July 09, 2024 08:15am

U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Tuesday.

Shares of Indivior PLC (NASDAQ:INDV) fell sharply in today's pre-market trading after the company lowered its fiscal 2024 guidance.

The company said it now expects 2024 net revenue of $1.15 billion to $1.215 billion, versus prior forecast of $1.24 billion to $1.33 billion.

Indivior shares tumbled 43.2% to $8.71 in the pre-market trading session.

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

  • Helen of Troy Limited (NASDAQ:HELE) shares fell 27.5% to $64.50 in pre-market trading after the company reported downbeat first-quarter results and lowered FY25 guidance.
  • Helios Technologies, Inc. (NYSE:HLIO) shares declined 10.1% to $41.67 in pre-market trading after the company announced leadership team update. The company named Sean Bagan as Interim President and CEO.
  • BP p.l.c. (NYSE:BP) shares fell 4.5% to $34.91 in pre-market trading after the company disclosed the trading update for the second quarter of FY24, with oil trading results expected to be weak after a strong first quarter.
  • Werner Enterprises, Inc. (NASDAQ:WERN) declined 4.4% to $33.33 in pre-market trading.
  • Heartland Express, Inc. (NASDAQ:HTLD) fell 3.7% to $11.75 in pre-market trading.
  • NANO Nuclear Energy Inc. (NASDAQ:NNE) declined 3.6% to $28.72 in pre-market trading after gaining around 5% on Monday.
  • Equinox Gold Corp. (NYSE:EQX) shares slipped 3% to $5.60 in pre-market trading.

Now Read This: Wall Street’s Most Accurate Analysts Say Buy These 3 Utilities Stocks Delivering High-Dividend Yields

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Posted In: BP EQX HELE HLIO HTLD INDV NNE WERN

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