U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Tuesday.

Shares of Applied Digital Corporation (NASDAQ:APLD) fell sharply in today's pre-market trading following weak quarterly revenue.

Applied Digital reported third-quarter revenue of $52.9 million, missing analyst estimates of $63.42 million, according to Benzinga Pro. The digital infrastructure company reported a third-quarter adjusted loss of eight cents per share, beating analyst estimates for a loss of 11 cents per share.

Applied Digital shares dipped 10.8% to $4.79 in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

Now Read This:

• Wall Street’s Most Accurate Analysts Spotlight On 3 Consumer Stocks Delivering High-Dividend Yields

Photo via Shutterstock