U.S. stock futures were lower this morning, with the Dow futures falling around 300 points on Thursday.
Shares of Worthington Steel Inc (NYSE:WS) fell sharply in pre-market trading after the company reported weaker-than-expected third-quarter financial results.
The company reported quarterly earnings of 27 cents per share, which missed the analyst consensus estimate of 46 cents per share. The company reported quarterly sales of $769.800 million, which missed the analyst consensus estimate of $882.950 million.
Worthington Steel shares dipped 14.1% to $30.10 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- urban-gro Inc (NASDAQ:UGRO) dipped 19.8% to $29.09 in pre-market trading. urban-Gro shares jumped 417% on Wednesday after the company announced it is strategically positioned to capture growth, with T20 cricket franchise valuations exceeding $1.6 billion and global media expansion accelerating.
- MillerKnoll Inc (NASDAQ:MLKN) dipped 19% to $15.70 in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued weak fourth-quarter earnings guidance. Also, the company issued fourth-quarter sales guidance with its midpoint below estimates.
- iHeartMedia, Inc. (NASDAQ:IHRT) declined 7.2% to $2.60 in pre-market trading.
- Diana Shipping Inc. (NYSE:DSX) fell 7.2% to $2.29 in pre-market trading.
- Allogene Therapeutics, Inc (NASDAQ:ALLO) fell 5.5% to $2.20 in pre-market trading after gaining 5% on Wednesday.
- Sibanye Stillwater Limited (NYSE:SBSW) declined 5.3% to $11.15 in pre-market trading.
- Teck Resources Limited (NYSE:TECK) fell 5.2% to $47.74 in pre-market trading.
- First Majestic Silver Corp. (NYSE:AG) declined 5% to $19.76 in pre-market trading.
- Avino Silver & Gold Mines Ltd. (NYSE:ASM) fell 3.2% to $5.88 in pre-market trading.
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