J B Hunt Transport Reports Downbeat Earnings, Joins ASML And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

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

Shares of J B Hunt Transport Services Inc JBHT fell sharply in today’s pre-market trading after the company missed first-quarter revenue and EPS estimates.

JB Hunt Transport posted quarterly earnings of $1.22 per share, missing analysts’ estimates of $1.52 per share. The company’s quarterly sales came in at $2.94 billion, missing expectations of $3.12 billion, according to data from Benzinga Pro.

J B Hunt Transport shares dipped 6% to $172.00 in pre-market trading.

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

  • Qurate Retail IncQRTEA shares fell 5% to $0.96 in pre-market trading.
  • ASML Holding N.V. ASML shares fell 4.9% to $929.00 in pre-market trading after the company reported worse-than-expected first-quarter results and issued second-quarter guidance.
  • Capri Holdings Limited CPRI shares declined 4.8% to $37.06 in pre-market trading following a report indicating the FTC is preparing to sue to block Tapestry's takeover of the company.
  • Sage Therapeutics, Inc. SAGE shares fell 4% to $15.00 in pre-market trading as the company disclosed topline results from Phase 2 PRECEDENT study of Dalzanemdor (SAGE-718) in the treatment of mild cognitive impairment in Parkinson's disease.
  • Urban Outfitters, Inc. URBN declined 3.7% to $36.60 in pre-market trading.
  • Polestar Automotive Holding UK PLC PSNY shares fell 3.5% to $1.26 in pre-market trading.
  • Fortuna Silver Mines Inc. FSM fell 3.1% to $4.40 in pre-market trading.


Now Read This: Abbott Laboratories, U.S. Bancorp And 3 Stocks To Watch Heading Into Wednesday

Don’t forget to check out our premarket coverage here

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