American Woodmark Reports Downbeat Results, Joins Snowflake And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Author: Avi Kapoor | August 27, 2024 08:12am

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

Shares of American Woodmark Corporation (NASDAQ:AMWD) fell sharply in today's pre-market trading after reporting downbeat quarterly results.

American Woodmark reported quarterly earnings of $1.89 per share which missed the analyst consensus estimate of $2.40 per share. The company reported quarterly sales of $459.128 million which missed the analyst consensus estimate of $476.596 million.

American Woodmark shares dipped 6.4% to $93.48 in pre-market trading.

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

CAVA Group, Inc. (NASDAQ:CAVA) fell 7.2% to $116.70 in pre-market trading after gaining over 3% on Monday.
Gaotu Techedu Inc. (NYSE:GOTU) shares fell 6.4% to $3.82 in pre-market trading following downbeat quarterly earnings.
Hims & Hers Health, Inc. (NYSE:HIMS) shares declined 5.3% to $15.20 in pre-market trading after falling 4% on Monday.
Canopy Growth Corporation (NASDAQ:CGC) shares fell 5.2% to $5.85 in pre-market trading.
Paramount Global (NASDAQ:PARA) shares fell 5.1% to $10.75 in pre-market trading. This downturn comes on the heels of the end of its "Go Shop" period late Monday.
Canopy Growth Corporation (NASDAQ:CGC) declined 4.9% to $5.87 in pre-market trading.
UTime Limited (NASDAQ:WTO) shares dipped 2.4% to $2.05 in pre-market trading after declining around 5% on Monday.