Equifax Reports Weak Sales, Joins Synovus Financial And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining over 50 points on Thursday.

Shares of Equifax Inc. EFX fell sharply in today’s pre-market trading after the company reported worse-than-expected first-quarter sales results and issued adjusted guidance below estimates.

Equifax posted quarterly sales of $1.389 billion, missing market estimates of $1.400 billion, according to data from Benzinga Pro.

Equifax shares dipped 9.5% to $215.00 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading session.

  • Funko, Inc.FNKO shares fell 12.2% to $5.02 in pre-market trading after gaining around 5% on Wednesday.
  • Rani Therapeutics Holdings, Inc. RANI shares fell 8.4% to $7.18 in pre-market trading after gaining 14% on Wednesday.
  • Tevogen Bio Holdings Inc TVGN shares fell 7.2% to $2.12 in pre-market trading after declining 3% on Wednesday.
  • Synovus Financial Corp. SNV shares declined 6.8% to $34.10 in pre-market trading as the company posted weaker-than-expected results for its first quarter.
  • Bank of Hawaii Corporation BOH declined 5.7% to $53.00 in pre-market trading.
  • Etsy, Inc. ETSY fell 4.3% to $64.60 in pre-market trading. Morgan Stanley analyst Lauren Schenk downgraded Etsy from Equal-Weight to Underweight and lowered the price target from $64 to $55.
  • Snap-on Incorporated SNA shares fell 3.9% to $272.53 in pre-market trading following weak quarterly sales.

 

Now Read This: IZEA Worldwide And 2 Other Stocks Under $3 Insiders Are Buying

Don’t forget to check out our premarket coverage here

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