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Benzinga
Benzinga
Business
Avi Kapoor

Franklin Covey, Borr Drilling And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Munich,,Bavaria,,Germany,-,March,31,2023:,Franklin,Covey,Is

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Thursday.

Shares of Franklin Covey Co. (NYSE:FC) fell sharply in today's pre-market trading after the reported downbeat results for the third quarter and lowered its FY2025 sales guidance after the closing bell on Wednesday.

The company posted a quarterly loss of 11 cents per share, which missed the analyst consensus estimate of a loss of 4 cents per share. The company reported quarterly sales of $67.121 million, which missed the analyst consensus estimate of $67.491 million.

Franklin Covey shares dipped 10.1% to $21.72 in the pre-market trading session.

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

  • Noah Holdings Limited (NYSE:NOAH) shares dipped 7.3% to $11.69 in pre-market trading.
  • Scage Future American Depositary Shares (NASDAQ:SCAG) fell 6.3% to $5.20 in pre-market trading after jumping over 34% on Wednesday.
  • Borr Drilling Ltd (NYSE:BORR) declined 4.7% to $2.01 in pre-market trading after the company announced a $100 million offering of approximately 50 million shares.
  • Lithium Argentina AG (NYSE:LAR) fell 4.7% to $2.23 in pre-market trading after gaining 11% on Wednesday.
  • Bitmine Immersion Technologies, Inc. (NYSE:BMNR) fell 4.6% to $55.81 in pre-market trading after gaining 27% on Wednesday.
  • Northern Dynasty Minerals Ltd. (NYSE:NAK) declined 4.2% to $1.3600 in pre-market trading after falling 4% on Wednesday.

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