TM - Oxford Industries Posts Weak Results Joins Applied Therapeutics And Other Big Stocks Moving Lower In Monday's Pre-Market Session | Benzinga
U.S. stock futures were higher this morning, with the Dow futures gaining by over 100 points on Monday.
Shares of Oxford Industries, Inc. (NYSE: OXM) fell sharply in today’s pre-market trading as the company reported downbeat financial results for its fourth quarter and issued weak guidance for the first quarter.
Oxford Industries posted adjusted earnings of $1.90 per share, missing market estimates of $1.95 per share. The company’s sales came in at $404.40 million versus expectations of $408.18 million, according to data from Benzinga Pro.
Oxford Industries shares plunged 6% to $105.68 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading session.