U.S. stock futures were lower this morning, with the Nasdaq futures falling around 200 points on Tuesday.
Shares of AST SpaceMobile Inc (NASDAQ:ASTS) fell sharply in pre-market trading after the company reported worse-than-expected quarterly financial results.
AST SpaceMobile reported quarterly losses of 66 cents per share, which missed the consensus estimate for losses of 23 cents per share. Quarterly revenue of $14.74 million fell short of the $37.63 million Street estimate, according to Benzinga Pro data.
AST SpaceMobile shares dipped 11% to $73.45 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Microvast Holdings Inc (NASDAQ:MVST) fell 34.2% to $1.33 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
- Zoominfo Technologies Inc (NASDAQ:GTM) tumbled 33.6% to $4.01 in pre-market trading after the company reported first-quarter financial results and issued second-quarter sales guidance below estimates. Also, the company cut its FY26 sales guidance below estimates.
- Power Solutions International Inc (NASDAQ:PSIX) fell 31.7% to $42.60 in pre-market trading after the company reported worse-than-expected quarterly financial results.
- Hims & Hers Health Inc (NYSE:HIMS) dipped 14.9% to $24.80 in pre-market trading after the company reported worse-than-expected first-quarter financial results
- Gitlab Inc (NASDAQ:GTLB) dipped 12.1% to $22.53 in pre-market trading as the company announced a reduction in force to realign its operating structure.
- Harrow Inc (NASDAQ:HROW) fell 11.7% to $33.60 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
- Bakkt Inc (NYSE:BKKT) dipped 10.7% to $8.85 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
- Webtoon Entertainment Inc (NASDAQ:WBTN) dipped 10% to $11.98 in pre-market trading after the company reported mixed first-quarter financial results and issued second-quarter sales guidance below estimates.
- CleanSpark Inc (NASDAQ:CLSK) fell 9.8% to $12.90 in pre-market trading following weak quarterly results.
- Life360 (NASDAQ:LIF) fell 9.2% to $39.30 in pre-market trading following quarterly results.
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