QuidelOrtho, MIND Technology, Southern First Bancshares And Other Big Stocks Moving Lower In Thursday’s Pre-Market Session

by | Apr 16, 2026 | General

U.S. stock futures were higher this morning, with the Dow futures gaining around 0.1% on Thursday.

Shares of QuidelOrtho Corporation (NASDAQ:QDEL) fell sharply in pre-market trading following the release of its preliminary first-quarter 2026 revenue figures.

The diagnostic healthcare products maker reported preliminary unaudited revenue in the range of $615 million to $620 million for the first quarter ended March 29.

The results reflect a weaker respiratory season, with U.S. Influenza-like Illness visits down about 30% compared to the prior-year period, along with slower China distributor sales and delays in certain EMEA orders, the company said.

QuidelOrtho shares dipped 19.4% to $14.09 in pre-market trading.

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

  • Allbirds, Inc. (NASDAQ:BIRD) declined 31.9% to $11.58 in pre-market trading. Allbirds shares jumped 582% on Wednesday after the onetime eco-sneaker company said it is reinventing itself as an AI compute infrastructure play backed by a new $50 million financing facility.
  • MIND Technology, Inc. (NASDAQ:MIND) fell 19.2% to $7.04 in pre-market trading after the company reported a year-over-year decrease in fourth-quarter financial results. The company said it expects a year-over-year decrease in FY27 results.
  • Arbutus Biopharma Corporation (NASDAQ:ABUS) fell 15.2% to $3.8003 in pre-market trading. Arbutus Biopharma shares gained on Wednesday after the FDA granted the company Fast Track designation for imdusiran for the treatment of chronic hepatitis B.
  • MMTec Inc (NASDAQ:MTC) declined 7.5% to $8.38 in pre-market trading after gaining around 6% on Wednesday.
  • Gevo, Inc. (NASDAQ:GEVO) fell 7.4% to $1.85 in pre-market trading. Gevo said it is withdrawing its loan guarantee financing application with the U.S. Department of Energy Office of Energy Dominance Financing.
  • Alto Ingredients Inc (NASDAQ:ALTO) declined 5.1% to $4.65 in pre-market trading.
  • Wheels Up Experience Inc. (NASDAQ:UP) fell 4.7% to $0.3985 in pre-market trading. Wheels Up Experience recently announced a 1-for-20 reverse stock split.
  • CECO Environmental Corp (NASDAQ:CECO) declined 4.2% to $62.00 in pre-market trading. CECO Environmental will release first quarter 2026 earnings on April 28.
  • Almonty Industries Inc. (NASDAQ:ALM) dipped 4.1% to $20.15 in pre-market trading after declining around 4% on Wednesday.
  • Southern First Bancshares Inc (NASDAQ:SFST) fell 3.2% to $56.99 in pre-market trading. Southern First Bancshares announced the pricing of public offering of common stock.

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