U.S. stock futures were higher this morning, with the Nasdaq 100 futures gaining over 200 points on Tuesday.
Shares of Vipshop Holdings Ltd – ADR (NYSE: VIPS ) fell sharply in pre-market trading following second-quarter earnings .
Vipshop reported quarterly earnings of 12 cents per share which missed the analyst consensus estimate of 51 cents per share. The company reported quarterly sales of $3.641 billion which beat the analyst consensus estimate of $3.620 billion.
Vipshop shares dipped 4.9% to $13.62 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
Aclaris Therapeutics Inc (NASDAQ: ACRS ) shares dipped 12.7% to $5.51 in pre-market trading. Aclaris Therapeutics recently posted upbeat quarterly results. Gorilla Technology Group Inc (NASDAQ: GRRR ) fell 10.6% to $14.15 in pre-market trading following H1 results. Liberty Global Ltd (NASDAQ: LBTYB ) shares declined 10.4% to $12.24 in pre-market trading after gaining 5% on Monday. ZKH Group Ltd (NYSE: ZKH ) fell 9.6% to $2.74 in pre-market trading after gaining over 4% on Monday. ZKH Group, last week, posted second-quarter adjusted earnings of 4 cents per share. Phoenix Asia Holdings Ltd (NASDAQ: PHOE ) fell 4.6% to $20.00 in pre-market trading after declining around 8% on Monday. Trending Get a 1% Match on Your First Deposit of $1,000+ Omnicom Group Inc (NYSE: OMC ) declined 4.4% to $85.01 in pre-market trading. Grand Canyon Education Inc (NASDAQ: LOPE ) fell 3.5% to $142.50 in pre-market trading.Photo via Shutterstock
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