Applied Digital Reports Downbeat Results, Joins Nurix Therapeutics And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling over 50 points on Friday.

Shares of Applied Digital Corporation APLD fell sharply in today’s pre-market trading after the company reported worse-than-expected third-quarter financial results.

Applied Digital posted a quarterly loss of 24 cents per share, versus a year-ago loss of 10 cents per share. The company’s quarterly sales came in at $43.35 million versus expectations of $51.92 million, according to data from Benzinga Pro.

Applied Digital shares dipped 9.1% to $2.79 in pre-market trading.

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

• Tevogen Bio Holdings Inc. TVGN shares declined 8.5% to $2.26 in pre-market trading.
• Nurix Therapeutics, Inc. NRIX shares declined 6.3% to $16.12 pre-market trading after the company priced its upsized $175m public offering of 10,166,667 common shares at $15 per share.
• XPeng Inc. XPEV shares fell 4.6% to $7.89 in pre-market trading.
• Taysha Gene Therapies, Inc. TSHA shares fell 3.7% to $3.10 in pre-market trading.
• Korea Electric Power Corporation KEP shares declined 3.2% to $7.54 in pre-market trading after falling over 3% on Thursday.
• Esperion Therapeutics, Inc. ESPR shares fell 3.1% to $2.24 in pre-market trading after dipping 8% on Thursday.
• JD.com, Inc. JD shares fell 3% to $26.20 in pre-market trading.

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Don’t forget to check out our premarket coverage here