UiPath Posts Weak Revenue, Joins SentinelOne, American Eagle And Other Big Stocks Moving Lower In Thursda

U.S. stock futures were lower this morning, with the Dow futures falling around 0.1% on Thursday.

Shares of UiPath Inc. (NYSE:PATH) fell sharply in today's pre-market trading after the company reported a fourth-quarter revenue miss and issued first-quarter revenue guidance below estimates.

UiPath reported quarterly earnings of nine cents per share, which beat the analyst consensus estimate of three cents. Quarterly revenue of $424 million missed the analyst consensus estimate of $425.36 million and is an increase over revenue of $405.25 million from the same period last year.

UiPath shares dipped 16.7% to $9.85 in the pre-market trading session.

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

SentinelOne, Inc. (NYSE:S) fell 13.6% to $16.68 in pre-market trading after the company reported fourth-quarter results.
American Eagle Outfitters, Inc. (NYSE:AEO) shares dipped 10.9% to $10.20 in pre-market trading following fourth-quarter results.
A10 Networks, Inc. (NYSE:ATEN) fell 10.4% to $17.51 in pre-market trading after the company announced $200 million convertible senior notes offering.
VNET Group, Inc. (NASDAQ:VNET) dipped 10.2% to $9.88 in pre-market trading as the company announced a proposed offering of convertible senior notes.
AnaptysBio, Inc (NASDAQ:ANAB) shares tumbled 6.8% to $16.50 in pre-market trading.
PACCAR Inc (NASDAQ:PCAR) fell 5.2% to $97.00 in pre-market trading.
AngioDynamics, Inc. (NASDAQ:ANGO) fell 3.2% to $9.10 in pre-market trading.
Mister Car Wash, Inc. (NASDAQ:MCW) fell 2.3% to $7.60 in pre-market trading. Raymond James analyst Bobby Griffin initiated coverage on Mister Car Wash with an Outperform rating and announced a price target of $10.