U.S. stock futures were lower this morning, with the Dow futures falling around 1% on Monday.
Shares of Yatsen Holding Ltd – ADR (NYSE:YSG) fell sharply in pre-market trading after reporting fourth-quarter results.
Yatsen Holding posted adjusted earnings of 7 cents per share, down from 14 cents per share in the year-ago period. The company’s sales rose to $197.258 million from $157.347 million.
Yatsen shares dipped 10.1% to $4.00 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Smithfield Foods Inc (NASDAQ:SFD) shares dipped 10.1% to $22.36 in pre-market trading.
- Ultra Clean Holdings Inc (NASDAQ:UCTT) fell 10% to $54.11 in pre-market trading. Ultra Clean Holdings upsized convertible senior notes offering to $525 million due 2031.
- Honest Company Inc (NASDAQ:HNST) declined 9.3% to $2.54 in pre-market trading. Honest, last week, reported quarterly losses of 21 cents per share.
- Harrow Inc (NASDAQ:HROW) dipped 8.8% to $49.42 in pre-market trading. Harrow will report fourth-quarter financial results after the closing bell on March 2.
- Neurogene Inc (NASDAQ:NGNE) fell 8.5% to $21.50 in pre-market trading. Neurogene shares jumped over 19% on Friday following the announcement that the FDA has granted Breakthrough Therapy designation for NGN-401, an investigational gene therapy for Rett syndrome, a rare neurological disorder caused by genetic mutations that disrupt brain development, primarily affecting girls.
- E W Scripps Co (NASDAQ:SSP) fell 8.4% to $3.80 in pre-market trading. E W Scripps shares jumped 12% on Friday after Benchmark raised its price target on the stock from $8 to $10.
- Garrett Motion Inc (NASDAQ:GTX) dipped 7.7% to $18.78 in pre-market trading.
- Rezolve AI PLC (NASDAQ:RZLV) fell 7.7% to $2.15 in pre-market trading.
- Carnival PLC (NYSE:CUK) fell 7.7% to $29.05 in pre-market trading.
- Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) slipped 6.5% to $23.19 in pre-market trading ahead of quarterly earnings.
- Delta Air Lines Inc (NYSE:DAL) fell 5.7% to $61.98 in pre-market trading. Delta Airlines announced on Sunday that it was suspending its flight operations from New York’s JFK airport to the Israeli city of Tel Aviv through March 8 and from Tel Aviv to JFK through March 9.
- United Airlines Holdings Inc (NASDAQ:UAL) fell 5.6% to $100.31 in pre-market trading. The ongoing U.S.-Iran war has resulted in travel disruptions across the globe as several countries in the Middle East have announced airspace closures. United Airlines announced that it was suspending flights to Tel Aviv through March 6 as tensions rise in the region.
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