U.S. stock futures were mixed this morning, with the Nasdaq 100 futures gaining around 0.1% on Wednesday.
Shares of Mercury Systems Inc (NASDAQ: MRCY ) fell sharply in pre-market trading after the company reported mixed fourth-quarter financial results .
The company reported quarterly earnings of 37 cents per share, which missed the analyst consensus estimate of 38 cents per share. The company reported quarterly sales of $289.782 million, which beat the analyst consensus estimate of $266.403 million.
Mercury Systems shares dipped 10.6% to $93.70 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
Profusa Inc (NASDAQ: PFSA ) shares dipped 33.7% to $18.20 in pre-market trading after jumping around 507% on Tuesday. IP Strategy Holdings Inc (NASDAQ: IPST ) declined 16.6% to $13.14 in pre-market trading after surging 113% on Tuesday. WhiteFiber Inc (NASDAQ: WYFI ) dropped 16.2% to $22.70 in pre-market trading after the company announced a $250 million offering of convertible senior notes. Cronos Group Inc (NASDAQ: CRON ) fell 9.7% to $2.90 in pre-market trading. Cronos Group recently reported better-than-expected second-quarter financial results. CXApp Inc (NASDAQ: CXAI ) shares declined 9.4% to $3.86 in pre-market trading after falling over 4% on Tuesday. CXApp recently announced a 1-for-50 reverse stock split. Latest Private Market Opportunities Join 400,000+ Investors Evolution Metals & Technologies Corp (NASDAQ: EMAT ) fell 6.7% to $2.91 in pre-market trading. Evolution Metals & Technologies, on Monday, posted mixed quarterly results. Akso Health Group – ADR (NASDAQ: AHG ) fell 6.2% to $0.97 in pre-market trading after dipping around 15% on Tuesday. Cogent Communications Holdings Inc (NASDAQ: CCOI ) fell 4.7% to $9.65 in pre-market trading after declining around 6% on Tuesday. Cogent Communications recently reported worse-than-expected second-quarter sales results. ManpowerGroup Inc (NYSE: MAN ) declined 4.2% to $57.00 in pre-market trading after gaining around 5% on Tuesday. Digital Currency X Technology Inc (NASDAQ: DCX ) declined 3.3% to $0.90 in pre-market trading following around 3% drop on Tuesday.Photo via Shutterstock
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