WW - Shoals Technologies Posts Weak Q4 Results Joins Butterfly Network Schrödinger And Other Big Stocks Moving Lower In Thursday's Pre-Market Session | Benzinga
U.S. stock futures were lower this morning, with the Dow futures trading lower by over 100 points on Thursday.
Shares of Shoals Technologies Group, Inc. (NASDAQ: SHLS) fell in today’s pre-market trading after the company reported worse-than-expected fourth-quarter financial results and issued FY24 revenue guidance below estimates.
Shoals Technologies posted adjusted earnings of 12 cents per share, missing market estimates of 17 cents per share. The company’s quarterly sales came in at $130.40 million, missing expectations of $131.94 million.
Shoals Technologies Group shares dipped 17.6% to $12.68 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading session.
- Snowflake Inc. (NYSE: SNOW) shares dipped 23% to $177.17. Snowflake reported upbeat earnings for its fourth quarter. The company said CEO Frank Slootman has decided to retire from his role as CEO but will continue to serve as chairman of the board. ...