---
title: "AST SpaceMobile Posts Downbeat Q1 Results, Joins Hims & Hers Health, Gitlab And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286095871.md"
description: "U.S. stock futures are down, with the Nasdaq falling 200 points. AST SpaceMobile shares dropped 11% after reporting a quarterly loss of 66 cents per share, missing estimates. Other stocks like Microvast Holdings, Zoominfo Technologies, and Hims & Hers Health also saw significant declines in pre-market trading due to disappointing financial results. Overall, several companies reported worse-than-expected earnings, contributing to the downward trend in the market."
datetime: "2026-05-12T12:03:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286095871.md)
  - [en](https://longbridge.com/en/news/286095871.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286095871.md)
---

# AST SpaceMobile Posts Downbeat Q1 Results, Joins Hims & Hers Health, Gitlab And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

U.S. stock futures were lower this morning, with the Nasdaq futures falling around 200 points on Tuesday.

Shares of **AST SpaceMobile In**c (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 In**c (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.

_Photo via Shutterstock_

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## Related News & Research

- [$100 Invested In AST SpaceMobile 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/286971455.md)
- [Is Hims and Hers Health stock a buy after its latest dip?](https://longbridge.com/en/news/286450228.md)
- [Why Hims & Hers Health stock just crashed](https://longbridge.com/en/news/286133577.md)
- [AST SpaceMobile Director Sold Shares Worth Over $1.1M](https://longbridge.com/en/news/286477844.md)
- [Hims prices $350M 0.00% convertible notes due 2032, upsized from $300M](https://longbridge.com/en/news/286911997.md)