GameStop Reports Weak Sales, Joins Petco, Relay Therapeutics And Other Big Stocks Moving Lower In Wednesd

U.S. stock futures were lower this morning, with the Dow futures falling around 150 points on Wednesday.

Shares of GameStop Corp. (NYSE:GME) fell sharply in today's pre-market trading following second-quarter results.

GameStop reported second-quarter net sales of $798.0 million, which missed a Street consensus estimate of $895.7 million, according to data from Benzinga Pro. The company reported a profit of 1 cent per share, beating a Street consensus estimate of a loss of 9 cents per share.

GameStop shares dipped 10.5% to $20.98 in pre-market trading.

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

Rentokil Initial plc (NYSE:RTO) shares fell 17.6% to $26.02 in pre-market trading.
Trump Media & Technology Group Corp. (NASDAQ:DJT) shares declined 16% to $15.65 in pre-market trading after gaining 3% on Tuesday.
Relay Therapeutics, Inc. (NASDAQ:RLAY) shares dipped 11.9% to $7.93 in pre-market trading. Relay Therapeutics priced its $200 million public offering of 28,571,429 common shares at $7/share.
CTO Realty Growth, Inc. (NYSE:CTO) fell 7.6% to $19.54 in pre-market trading after gaining over 8% on Tuesday.
The GEO Group, Inc. (NYSE:GEO) shares declined 7.2% to $12.50 in pre-market trading.
EVgo, Inc. (NASDAQ:EVGO) shares fell 6.1% to $3.82 in pre-market trading after adding over 5% on Tuesday.
Rollins, Inc. (NYSE:ROL) shares declined 6.1% to $48.00 in pre-market trading.
Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) fell 5.5% to $2.90 in pre-market trading after reporting second-quarter results.