Flywire Posts Downbeat Results, Joins Lemonade, Ginkgo Bioworks And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Author: Avi Kapoor | February 26, 2025 09:10am
U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Wednesday.
Shares of Flywire Corporation (NASDAQ:FLYW) fell sharply in today's pre-market trading after the company reported worse-than-expected quarterly financial results.
Flywire reported quarterly losses of $(0.12) per share which missed the analyst consensus estimate of $(0.01) per share. The company reported quarterly sales of $117.600 million which missed the analyst consensus estimate of $118.917 million.
Flywire shares dipped 29.2% to $12.49 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Liberty Global Ltd. (NASDAQ:LBTYK) shares fell 40.4% to $7.12 in pre-market trading.
- Accel Entertainment, Inc. (NYSE:ACEL) dipped 31.2% to $8.12 in pre-market trading. Accel Entertainment will release its financial and operating results for the fourth quarter after market close on Feb. 27.
- Grocery Outlet Holding Corp. (NASDAQ:GO) shares fell 18.8% to $12.78 in pre-market trading after the company reported mixed fourth-quarter financial results and issued FY25 adjusted EPS guidance below estimates.
- CareDx, Inc (NASDAQ:CDNA) shares tumbled 18.1% to $17.12 in pre-market trading.
- agilon health, inc. (NYSE:AGL) fell 15.7% to $3.06 in pre-market trading after the company reported worse-than-expected fourth-quarter adjusted EPS results.
- Lemonade, Inc. (NYSE:LMND) fell 13.4% to $27.72 in today's pre-market trading after reporting fourth-quarter results.
- Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) shares dipped 13% to $8.96 in pre-market trading after the company posted weak quarterly results.
- NewAmsterdam Pharma Company N.V. (NASDAQ:NAMS) fell 11.3% to $87.00 in pre-market trading.
- Maplebear Inc. (NASDAQ:CART) dipped 11% to $43.40 in pre-market trading after the company reported worse-than-expected quarterly revenue results.
- Surgery Partners, Inc. (NASDAQ:SGRY) fell 9.6% to $23.00 in pre-market trading.
- Zeta Global Holdings Corp. (NASDAQ:ZETA) dipped 9.1% to $18.73 in pre-market trading after the company issued first-quarter revenue guidance below estimates.
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