Birkenstock, Insmed And Other Big Stocks Moving Lower In Thursday's Pre-Market Session - Birkenstock Holding (NYSE:BIRK), Beyond Meat (NASDAQ:BYND)

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Birkenstock, Insmed And Other Big Stocks Moving Lower In Thursday's Pre-Market Session - Birkenstock Holding (NYSE:BIRK), Beyond Meat (NASDAQ:BYND)

U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Thursday.

Shares of Birkenstock Holding PLC (NYSE: BIRK ) fell sharply in pre-market trading following fourth-quarter results .

Birkenstock reported quarterly earnings of 60 cents per share which beat the analyst consensus estimate of 40 cents per share. The company reported quarterly sales of $615.404 million which beat the analyst consensus estimate of $606.670 million.

Birkenstock said it sees FY2026 adjusted EPS of $2.22 to $2.40 versus market estimates of $2.30. The company sees sales of $2.689 billion to $2.747 billion versus expectations of $2.750 billion.

Birkenstock shares dipped 10.6% to $41.50 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

Insmed Inc (NASDAQ: INSM ) shares tumbled 20.1% to $158.59 in pre-market trading. Insmed halted Brensocatib CRSsNP program after Phase 2b missed both primary and secondary endpoints. DBV Technologies SA – ADR (NASDAQ: DBVT ) dipped 12.6% to $19.72 in pre-market trading. DBV Technologies shares jumped 25% on Wednesday after the company announced topline results from the Phase 3 VITESSE trial met its primary endpoint. CytomX Therapeutics Inc (NASDAQ: CTMX ) declined 7.5% to $3.80 in pre-market trading. Instacart (NASDAQ: CART ) fell 6.6% to $42.62 in pre-market trading. The U.S. Federal Trade Commission is probing Instacart’s AI pricing tool, Reuters reported. Nouveau Monde Graphite Inc (NYSE: NMG ) fell 6.2% to $2.87 in pre-market trading after announcing overnight marketed public offering. Option Care Health Inc (NASDAQ: OPCH ) declined 4.8% to $31.36 in pre-market trading. Beyond Meat Inc (NASDAQ: BYND ) fell 2.4% to $1.02 in pre-market trading after declining around 5% on Wednesday.

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Photo via Shutterstock

BIRK Birkenstock Holding PLC $41.37 -10.8% Overview BYND Beyond Meat Inc $1.01 -3.66% CART Maplebear Inc $42.80 -6.24% CTMX CytomX Therapeutics Inc $4.03 -1.95% DBVT DBV Technologies SA $21.45 -4.88% INSM Insmed Inc $166.46 -16.1% NMG Nouveau Monde Graphite Inc $2.66 -13.1% OPCH Option Care Health Inc $31.36 -4.88% Market News and Data brought to you by Benzinga APIs

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