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Philips Reports Q4 Results, Joins Ryanair And Other Big Stocks Moving Lower In Monday's Pre-Market Session

Published 29/01/2024, 10:07
Updated 29/01/2024, 11:10
© Reuters.  Philips Reports Q4 Results, Joins Ryanair And Other Big Stocks Moving Lower In Monday's Pre-Market Session

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Monday.

Shares of Koninklijke Philips N.V. (NYSE: PHG) shares fell in today’s pre-market trading after the company reported fourth-quarter results and agreed with the US Department of Justice, representing the FDA, on terms of consent decree focused on Philips Respironics in the US.

Philips shares dipped 5.6% to $21.48 in pre-market trading.

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

  • Nukkleus Inc. (NASDAQ: NUKK) shares dipped 9.7% to $0.9486 in pre-market trading. Nukkleus appinted C. Derek Campbell to its Board of Directors.
  • Atlanta Braves Holdings, Inc. (NASDAQ: BATRK) shares declined 6.5% to $37.70 in pre-market trading.
  • BrightSpring Health Services, Inc. (NASDAQ: BTSG) shares fell 3.6% to $10.61 in pre-market trading after dipping around 15% on Friday.
  • GigaCloud Technology Inc. (NASDAQ: GCT) fell 4.4% to $24.50 in pre-market trading after gaining 10% on Friday.
  • Revance Therapeutics, Inc. (NASDAQ: RVNC) shares fell 4.4% to $5.70 in pre-market trading. Revance Therapeutics recently issued preliminary fourth-quarter and FY23 financial results and guidance.
  • MorphoSys AG (NASDAQ: MOR) fell 4.2% to $11.04 in pre-market trading after jumping over 16% on Friday. Morgan Stanley recently downgraded the stock from Overweight to Equal-Weight.
  • Ryanair Holdings plc (NASDAQ: RYAAY) fell 3.5% to $125.50 in pre-market trading after the company reported third-quarter financial results and trimmed its profit outlook for the year.

Now Read This: Investor Sentiment Decreases Slightly Following PCE Inflation Data; S&P 500 Snaps Six-Session Win Streak

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

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