DouYu International Posts Q1 Results, Joins Annexon, Dollar Tree 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 around 50 points on Wednesday.

Shares of DouYu International Holdings Limited DOYU fell in today's pre-market trading following first-quarter results.

DouYu International reported a fiscal first-quarter 2024 revenue decline of 29.9% to $144 million year-on-year, missing the analyst consensus estimate of $184 million. The Chinese game-centric live streaming platform's adjusted earnings per ADS loss of 37 cents compared to $1.10 Y/Y, according to data from Benzinga Pro.

DouYu International shares fell 4.2% to $9.70 in pre-market trading.

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

  • COMPASS Pathways plc CMPS shares dipped 16.6% to $6.40 in pre-market trading.
  • Mind Medicine (MindMed) Inc. MNMD shares declined 15.2% to $7.00 in pre-market trading after declining 5% on Tuesday.
  • Madrigal Pharmaceuticals, Inc. MDGL fell 12% to $215.00 in pre-market trading.
  • Annexon, Inc. ANNX shares declined 11.5% to $5.30 in pre-market trading after the company announced a proposed public offering of common stock.
  • Integral Ad Science Holding Corp IAS shares fell 4.5% to $8.74 in pre-market trading.
  • Dollar Tree, Inc. DLTR shares fell 2.4% to $117.46 in pre-market trading after the company reported first-quarter earnings and announced a review of strategic alternatives for its Family Dollar business.
  • AMC Entertainment Holdings, Inc AMC shares declined 2.5% to $4.67 in pre-market trading.

Now Read This: Dollar Tree, Hewlett Packard Enterprise And 3 Stocks To Watch Heading Into Wednesday

Don't forget to check out our premarket coverage here

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