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Molina Healthcare, Coty, Illumina, Amazon And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Friday.

Shares of Molina Healthcare Inc (NYSE:MOH) fell sharply in pre-market trading after the company reported worse-than-expected quarterly adjusted EPS results.

Molina Healthcare reported quarterly losses of $2.75 per share, which missed the Street estimate for earnings of 33 cents, according to data from Benzinga Pro. Quarterly revenue came in at $11.38 billion, which beat the consensus estimate of $10.86 billion.

Molina Healthcare shares dipped 29.4% to $124.90 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

  • Doximity Inc (NYSE:DOCS) dipped 32.4% to $22.50 in pre-market trading after the company reported third-quarter financial results and issued fourth-quarter sales guidance below estimates.
  • Amtech Systems Inc (NASDAQ:ASYS) fell 27.3% to $11.54 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
  • IMPINJ Inc (NASDAQ:PI) shares dipped 23.8% to $117.26 in pre-market trading after announcing quarterly results.
  • Ribbon Communications Inc (NASDAQ:RBBN) dipped 22.4% to $2.11 in pre-market trading after reporting worse-than-expected fourth-quarter revenue, and lower-than-expected first-quarter outlook.
  • Stellantis NV (NYSE:STLA) tumbled 22.1% to $7.43 in pre-market trading after the company reported fourth-quarter estimated consolidated shipments of 1.5 million units, up 9% year over year.
  • Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) fell 18.7% to $18.30 in pre-market trading after the company reported mixed second-quarter financial results.
  • Hub Group Inc (NASDAQ:HUBG) declined 18.2% to $42.00 in pre-market trading after the company reported preliminary FY25 results.
  • Coty Inc (NYSE:COTY) dipped 8.3% to $2.89 in pre-market trading after the company reported mixed second-quarter financial results.
  • Illumina Inc (NASDAQ:ILMN) fell 7.7% to $123.34 in pre-market trading following fourth-quarter results.
  • Amazon.com Inc (NASDAQ:AMZN) declined 7.6% to $205.82 in pre-market trading as the company reported mixed fourth-quarter financial results Thursday after market close.
  • Hims & Hers Health Inc (NYSE:HIMS) fell 5.5% to $22.18 in pre-market trading.

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