U.S. stock futures traded higher this morning on Tuesday, with the Nasdaq futures gaining around 45 points this morning.
Shares of The Beauty Health Company SKIN dipped in pre-market trading after the company reported weaker-than-expected financial results for its third quarter and revised its net sales outlook.
Beauty Health reported quarterly losses of 56 cents per share, well below The Street's expectations of 9 cents earnings. The company reported quarterly sales of $97.40 million, missing the analyst consensus estimate of $116.30 million.
The company also suspended its long-term full-year 2025 forecast.
The Beauty Health shares tumbled 51.7% to $1.88 in pre-market trading
Here are some other big stocks recording losses in today’s pre-market trading session.
- Harrow, Inc. HROW shares dipped 24.6% to $9.67 in pre-market trading as the company reported downbeat third-quarter financial results and lowered its revenue guidance.
- Fisker Inc. FSR shares declined 13.4% to $3.56 in pre-market trading following third-quarter results.
- Runway Growth Finance Corp. RWAY fell 6.5% to $12.36 in pre-market trading. Runway Growth Finance priced secondary offering of 3.75 million common shares by selling stockholders at $12.56 per share.
- Lufax Holding Ltd LU declined 5.8% to $0.96 in pre-market trading following third-quarter results.
- Canopy Growth Corporation CGC fell 4.5% to $0.5183 in pre-market trading.
- The GEO Group, Inc. GEO fell 3.2% to $9.00 in pre-market trading.
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