Carter's, Newmont Corporation And Other Big Stocks Moving Lower In Monday's Pre-Market Session - American Resources (NASDAQ:AREC), Carter's (NYSE:CRI)

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Carter's, Newmont Corporation And Other Big Stocks Moving Lower In Monday's Pre-Market Session - American Resources (NASDAQ:AREC), Carter's (NYSE:CRI)

U.S. stock futures were higher this morning, with the Nasdaq 100 futures gaining around 1% on Monday.

Shares of Carter’s Inc (NYSE: CRI ) fell sharply in pre-market trading after the company posted third-quarter earnings results. 

Carter’s reported quarterly earnings of 74 cents per share which beat the analyst consensus estimate of 73 cents per share. The company reported quarterly sales of $757.836 million which missed the analyst consensus estimate of $769.763 million.

Carter’s announced restructuring with 15% workforce reduction, 150 store closures and $45m in projected annualized savings beginning 2026.

Carter’s shares dipped 14.7% to $27.58 in pre-market trading.

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

United States Antimony Corp (NYSE: UAMY ) shares dipped 15.6% to $10.12 in pre-market trading. Nanobiotix SA – ADR (NASDAQ: NBTX ) declined 13.1% to $16.68 in pre-market trading. On Friday, NANOBIOTIX announced updates to JNJ-1900 (NBTXR3) clinical program following transfer of ongoing Phase 3 head and neck cancer trial sponsorship and operational control. Critical Metals Corp (NASDAQ: CRML ) shares slipped 8.2% to $13.80 in pre-market trading after gaining 10% on Friday. American Resources Corp (NASDAQ: AREC ) declined 7.8% to $3.57 in pre-market trading after gaining around 7% on Friday. Datavault AI Inc (NASDAQ: DVLT ) fell 7.6% to $3.16 in pre-market trading. Datavault AI shares jumped 52% on Friday after Wellgistics Health recently signed a non-binding letter of intent to integrate Datavault’s blockchain-enabled PharmacyChain smart contract technology into its infrastructure. USA Rare Earth Inc (NASDAQ: USAR ) fell 6.3% to $22.09 in pre-market trading. NioCorp Developments Ltd (NASDAQ: NB ) declined 5.1% to $7.84 in pre-market trading after adding 5% on Friday. Newmont Corporation (NYSE: NEM ) fell 3.8% to $80.21 in pre-market trading. Newmont announced commercial production at Ahafo North Project in Afrisipakrom, Ghana.

Now Read This:

Top 3 Real Estate Stocks That May Explode In Q4

Photo via Shutterstock

Loading... Loading... AREC American Resources Corp $3.66 -5.55% Overview CRI Carter's Inc $30.00 -7.26% CRML Critical Metals Corp $13.43 -10.7% DVLT Datavault AI Inc $3.29 -3.80% NB NioCorp Developments Ltd $7.70 -6.78% NBTX Nanobiotix SA $16.78 -12.6% NEM Newmont Corp $78.56 -5.77% UAMY United States Antimony Corp $10.23 -14.8% USAR USA Rare Earth Inc $21.61 -8.32% Market News and Data brought to you by Benzinga APIs

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