U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Wednesday.
Shares of Aehr Test Systems, Inc. (NASDAQ:AEHR) fell sharply in pre-market trading after the company reported worse-than-expected fourth-quarter sales results.
Aehr Test Systems reported fourth-quarter revenue of $14.09 million, missing analyst estimates of $14.82 million, according to estimates from Benzinga Pro.
Aehr Test Systems shares dipped 20.3% to $12.07 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- RxSight, Inc. (NASDAQ:RXST) shares tumbled 37.6% to $7.98 in pre-market trading after the company cut its 2025 revenue guidance from $160M–$175M to $120M–$130M.
- Vertical Aerospace Ltd. (NASDAQ:EVTL) fell 18.2% to $5.67 in pre-market trading after the company announced a $60 million offering.
- WPP plc (NYSE:WPP) dipped 16.2% to $30.01 in pre-market trading.
- Penguin Solutions, Inc. (NASDAQ:PENG) fell 6.3% to $19.89 in pre-market trading. Penguin Solutions reported upbeat earnings for the third quarter, while sales missed estimates. The company raised its FY2025 earnings guidance, but narrowed its sales forecast
- Bit Digital, Inc. (NASDAQ:BTBT) shares declined 5% to $3.56 in pre-market trading after gaining 7% on Tuesday.
- Enphase Energy, Inc. (NASDAQ:ENPH) fell 4.2% to $39.24 in pre-market trading after declining around 4% on Tuesday.
- Tandem Diabetes Care, Inc. (NASDAQ:TNDM) declined 2.7% to $16.17 in pre-market trading. Tandem Diabetes Care will release its second quarter results after the financial markets close on Wednesday, Aug. 6.
- Mobileye Global Inc. (NASDAQ:MBLY) fell 2.3% to $18.21 in pre-market trading as the company announced a secondary offering of shares of Class A common stock, concurrent repurchase and conversion.
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