Investing.com UK - Financial Markets Worldwide
🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

Nayax Posts Weak Q1 Results, Joins GameStop, Iris Energy And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Published 16/05/2024, 10:40
© Reuters. Nayax Posts Weak Q1 Results, Joins GameStop, Iris Energy And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
BB
-
PBI
-
GME
-
EDU
-
AMC
-
OCGN
-
NYAX
-

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Thursday.

Shares of Nayax Ltd. (NASDAQ:NYAX) fell sharply in today's pre-market trading following weak quarterly results.

Nayax posted a GAAP loss of 15 cents per share, compared to market expectations for a loss of 4 cents per share. The company's quarterly sales came in at $63.962 million, missing estimates of $72.825 million, according to data from Benzinga Pro.

Nayax shares dipped 7.2% to $25.96 in pre-market trading.

Here are some big stocks recording losses in today's pre-market trading session.

  • Spire Global, Inc. (NYSE:SPIR) shares dipped 23.3% to $8.70 in pre-market trading after the company reported mixed first-quarter financial results and lowered its FY24 forecast.
  • GameStop Corp. (NYSE:GME) shares declined 14.2% to $33.93 in pre-market trading after dipping around 19% on Wednesday.
  • AMC Entertainment Holdings, Inc. (NYSE:AMC) shares fell 10.5% to $4.90 in pre-market trading after tumbling 20% on Wednesday.
  • Pitney Bowes Inc. (NYSE:PBI) shares declined 8.4% to $5.00 in pre-market trading. Pitney Bowes, earlier during the month, reported better-than-expected first-quarter EPS and sales.
  • Iris Energy Limited (NASDAQ:IREN) shares declined 7.6% to $4.80 in pre-market trading after the company reported third-quarter results and filed for $500 million mixed securities shelf.
  • Ocugen, Inc. (NASDAQ:OCGN) shares declined 6.1% to $1.84 in pre-market trading following a 15% surge on Wednesday.
  • Dada Nexus Limited (NASDAQ:DADA) shares fell 5% to $1.91 in pre-market trading following weak quarterly results.
  • BlackBerry Limited (NYSE:BB) shares declined 4.6% to $3.08 in pre-market trading after declining 7% on Wednesday.
  • New Oriental Education & Technology Group Inc (NYSE:EDU) shares slipped 3.6% to $84.08 in pre-market trading.
Now Read This: Walmart, Deere And 3 Stocks To Watch Heading Into Thursday

Don't forget to check out our premarket coverage here

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.