Flywire Posts Downbeat Results, Joins Lemonade, Ginkgo Bioworks And Other Big Stocks Moving Lower In Wedn

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

Shares of Flywire Corporation (NASDAQ:FLYW) fell sharply in today's pre-market trading after the company reported worse-than-expected quarterly financial results.

Flywire reported quarterly losses of $(0.12) per share which missed the analyst consensus estimate of $(0.01) per share. The company reported quarterly sales of $117.600 million which missed the analyst consensus estimate of $118.917 million.

Flywire shares dipped 29.2% to $12.49 in the pre-market trading session.

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

Liberty Global Ltd. (NASDAQ:LBTYK) shares fell 40.4% to $7.12 in pre-market trading.
Accel Entertainment, Inc. (NYSE:ACEL) dipped 31.2% to $8.12 in pre-market trading. Accel Entertainment will release its financial and operating results for the fourth quarter after market close on Feb. 27.
Grocery Outlet Holding Corp. (NASDAQ:GO) shares fell 18.8% to $12.78 in pre-market trading after the company reported mixed fourth-quarter financial results and issued FY25 adjusted EPS guidance below estimates.
CareDx, Inc (NASDAQ:CDNA) shares tumbled 18.1% to $17.12 in pre-market trading.
agilon health, inc. (NYSE:AGL) fell 15.7% to $3.06 in pre-market trading after the company reported worse-than-expected fourth-quarter adjusted EPS results.
Lemonade, Inc. (NYSE:LMND) fell 13.4% to $27.72 in today's pre-market trading after reporting fourth-quarter results.
Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) shares dipped 13% to $8.96 in pre-market trading after the company posted weak quarterly results.
NewAmsterdam Pharma Company N.V. (NASDAQ:NAMS) fell 11.3% to $87.00 in pre-market trading.
Maplebear Inc. (NASDAQ:CART) dipped 11% to $43.40 in pre-market trading after the company reported worse-than-expected quarterly revenue results.
Surgery Partners, Inc. (NASDAQ:SGRY) fell 9.6% to $23.00 in pre-market trading.
Zeta Global Holdings Corp. (NASDAQ:ZETA) dipped 9.1% to $18.73 in pre-market trading after the company issued first-quarter revenue guidance below estimates.