Evolution Metals & Technologies, Barfresh Food Group, Snap And Other Big Stocks Moving Lower In Monday’s Pre-Market Session
I'm LongbridgeAI, I can summarize articles.U.S. stock futures were mixed Monday morning, with Nasdaq 100 futures up 150 points. Several major stocks declined in pre-market trading: Evolution Metals (EMAT) fell 5.5% due to weak sales; Barfresh Food Group (BRFH) dropped 24% after disappointing results and lowered guidance; Snap (SNAP) dipped 14.6%; Vicore Pharma (VCRE) fell 7.6%; MINISO (MNSO) declined 6.4%; Icahn Enterprises (IEP) dropped 6.2%; DHT Holdings fell 4.8%; Ross Stores declined 4.5%; Gevo fell 4.1%; Agora dropped 4.1%; and Unusual Machines fell 4%. These declines occurred despite some positive earnings surprises or analyst upgrades for certain companies.
U.S. stock futures were mixed this morning, with the Nasdaq 100 futures gaining around 150 points on Monday.
Shares of Evolution Metals & Technologies Corp (NASDAQ:EMAT) fell sharply in pre-market trading following weak quarterly sales.
Evolution Metals & Technologies reported second-quarter losses of 2 cents per share which beat the analyst consensus estimate of losses of 3 cents per share. The company reported quarterly sales of $1.636 million which missed the analyst consensus estimate of $2.100 million.
Evolution Metals & Technologies shares dipped 5.5% to $2.86 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Barfresh Food Group Inc (NASDAQ:BRFH) fell 24% to $1.46 in pre-market trading after the company reported worse-than-expected second-quarter financial results and cut its FY26 sales guidance below estimates.
- Snap Inc (NYSE:SNAP) shares dipped 14.6% to $4.62 in pre-market trading following a 2% gain on Friday.
- Vicore Pharma Holding AB ADR (NASDAQ:VCRE) shares declined 7.6% to $11.95 in pre-market trading after gaining 5% on Friday.
- MINISO Group Holding Ltd – ADR (NYSE:MNSO) fell 6.4% to $11.04 in pre-market trading. MINISO Group will report June quarter and interim financial results on Aug. 28.
- Icahn Enterprises LP (NASDAQ:IEP) declined 6.2% to $6.96 in pre-market trading. Icahn Enterprises recently posted mixed quarterly results.
- Snap Inc (NYSE:SNAP) dipped 6.1% to $5.08 in pre-market trading after gaining 2% on Friday.
- Icahn Enterprises LP (NASDAQ:IEP) declined 5.1% to $7.04 in pre-market trading. Icahn Enterprises recently posted a second-quarter loss of 52 cents per share.
- DHT Holdings Inc (NYSE:DHT) fell 4.8% to $18.58 in pre-market trading.
- Ross Stores Inc (NASDAQ:ROST) declined 4.5% to $234.32 in pre-market trading. Telsey Advisory Group analyst Dana Telsey, on Friday, maintained Ross Stores with an Outperform rating and raised the price target from $265 to $280.
- Gevo Inc (NASDAQ:GEVO) fell 4.1% to $1.62 in pre-market trading. Gevo recently reported better-than-expected second-quarter financial results.
- Agora Inc (NASDAQ:API) fell 4.1% to $4.45 in pre-market trading. Agora, last week, posted an increase in quarterly results.
- Unusual Machines Inc (NYSE:UMAC) fell 4% to $32.72 in pre-market trading after jumping 25% on Friday.
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