Powell Industries Posts Downbeat Q3 Results, Joins Clearpoint Neuro, Ichor Holdings And Other Big Stocks Moving Lower In Tuesday’s Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq 100 futures gaining around 150 points on Tuesday.

Shares of Powell Industries Inc (NASDAQ:POWL) fell sharply in pre-market trading after the company reported worse-than-expected quarterly financial results.

Powell Industries reported quarterly earnings of $1.42 per share which missed the analyst consensus estimate of $1.47 per share. The company reported quarterly sales of $312.000 million which missed the analyst consensus estimate of $315.168 million.

Powell Industries shares dipped 13.4% to $190.02 in pre-market trading.

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

• Clearpoint Neuro Inc (NASDAQ:CLPT) shares dipped 14.5% to $13.13 in pre-market trading after the company reported worse-than-expected second-quarter financial results and cut its FY26 sales guidance below estimates.
• SS Innovations International Inc (NASDAQ:SSII) fell 12.4% to $3.46 in pre-market trading.
• Better Home & Finance Holding Co (NASDAQ:BETR) declined 11% to $24.30 in pre-market trading. Better Home & Finance named Daniel Lewis as interim chief executive officer and reported second-quarter preliminary revenue of $57.4 million.
• Ichor Holdings, Ltd (NASDAQ:ICHR) dipped 9.6% to $72.50 in pre-market trading after the company reported mixed quarterly financial results.  
• Adeia Inc (NASDAQ:ADEA) shares fell 9.4% to $25.18 in pre-market trading after the company reported mixed second-quarter financial results.

• Adtran Holdings Inc (NASDAQ:ADTN) dropped 7.9% to $8.16 in pre-market trading following downbeat quarterly results.
• Costamare Bulkers Holdings Ltd (NYSE:CMDB) fell 7.2% to $18.70 in pre-market trading.
• EverQuote Inc (NASDAQ:EVER) declined 6.6% to $22.51 in pre-market trading after reporting second-quarter results.
• Smith & Nephew PLC (NYSE:SNN) fell 6.2% to $30.15 in pre-market trading following H1 results.
• Fresenius Medical Care AG (NYSE:FMS) shares declined 5.6% to $23.84 in pre-market trading following weak quarterly sales.

• Sterling Infrastructure Inc (NASDAQ:STRL) fell 4.6% to $583.00 in pre-market trading after the company reported its second-quarter financial results.

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