U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Friday.
Shares of PennyMac Financial Services Inc (NYSE:PFSI) fell sharply in pre-market trading after the company reported worse-than-expected quarterly financial results.
PennyMac Financial reported quarterly earnings of $1.96 per share which missed the analyst consensus estimate of $3.24 per share. The company reported quarterly sales of $538.005 million which missed the analyst consensus estimate of $642.528 million.
PennyMac Financial Services shares dipped 21.8% to $117.00 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Brand Engagement Network Inc (NASDAQ:BNAI) fell 60.1% to $21.00 in pre-market trading. Brand Engagement Network stock had been on a hot streak, gaining more than 2,000% over the past month. The company’s website says that it provides enterprise AI solutions through “text, voice, and avatar-based experiences.”
- Maxlinear Inc (NASDAQ:MXL) tumbled 21.1% to $15.21 in pre-market trading after the company announced fourth-quarter results.
- Hycroft Mining Holding Corporation (NASDAQ:HYMC) fell 18% to $37.50 in pre-market trading after declining 11% on Thursday.
- Endeavour Silver Corp (NYSE:EXK) fell 17.8% to $10.82 in pre-market trading after declining 5% on Thursday.
- Schneider National Inc (NYSE:SNDR) declined 16.8% to $24.70 in pre-market trading after the company reported better-than-expected quarterly financial results and issued FY26 adjusted EPS guidance below estimates.
- First Majestic Silver Corp (NYSE:AG) dipped 16.5% to $21.05 in pre-market trading after falling 4% on Thursday.
- Namib Minerals (NYSE:NAMM) declined 15% to $4.80 in pre-market trading after dropping 12% on Thursday.
- New Found Gold Corp (NYSE:NFGC) fell 10.9% to $2.79 in pre-market trading.
- Olin Corp (NYSE:OLN) declined 9.8% to $20.15 in pre-market trading after the company reported worse-than-expected fourth-quarter sales results.
- Vista Gold Corp (NYSE:VGZ) fell 9.7% to $2.49 in pre-market trading.
- Beazer Homes USA Inc (NYSE:BZH) declined 9.3% to $21.95 in pre-market trading after the company reported worse-than-expected quarterly financial results.
- Hecla Mining Co (NYSE:HL) fell 8.7% to $24.03 in pre-market trading.
- KLA Corp (NASDAQ:KLAC) declined 8.1% to $1,548.01 in pre-market trading following second-quarter results.
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