U.S. stock futures were lower this morning, with the Dow futures trading lower by around 25 points on Friday.
Shares of Ardelyx, Inc. (NASDAQ: ARDX) fell sharply in today’s pre-market trading after the company reported mixed fourth-quarter financial results.
Ardelyx reported quarterly losses of 12 cents per share which missed the analyst consensus estimate of losses of 10 cents. The company reported quarterly sales of $34.36 million, beating the analyst consensus estimate of $34.23 million, according to data from Benzinga Pro.
Ardelyx shares dipped 13.3% to $7.65 in pre-market trading.
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