Red Cat Holdings, Alibaba, DXC Technology And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 100 points on Thursday.

Shares of Red Cat Holdings, Inc. (NASDAQ:RCAT) fell sharply in today's pre-market trading after the company reported worse-than-expected quarterly financial results.

Red Cat reported first-quarter revenue of $1.63 million, missing analyst estimates of $3.85 million. The company reported a first-quarter loss of 27 cents per share, missing analyst estimates for a loss of eight cents per share, according to Benzinga Pro.

Red Cat shares tumbled 13.4% to $5.76 in the pre-market trading session.

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

• New Fortress Energy Inc. (NYSE:NFE) fell 31.3% to $4.66 in today's pre-market trading after the company reported a first-quarter sales miss.
• Shoals Technologies Group, Inc. (NASDAQ:SHLS) shares tumbled 19.8% to $4.90 in pre-market trading.
• DXC Technology Company (NYSE:DXC) declined 15.8% to $13.95 in pre-market trading after the company reported fourth-quarter financial results and issued first-quarter guidance below estimates. Also, the company issued FY26 adjusted EPS guidance below estimates.
• Ruanyun Edai Technology Inc. (NASDAQ:RYET) shares declined 15.7% to $8.07 in pre-market trading.
• Biohaven Ltd. (NYSE:BHVN) shares tumbled 12.3% to $17.24 in pre-market trading. The FDA extended PDUFA date of Biohaven’s Troriluzole NDA for rare disease Spinocerebellar Ataxia.
• DICK’S Sporting Goods, Inc. (NYSE:DKS) fell 8% to $192.80 in pre-market trading after the company reported select preliminary financial results for its first quarter.
• UnitedHealth Group Incorporated (NYSE:UNH) declined 6.1% to $289.25 in pre-market trading.
• Alibaba Group Holding Limited (NYSE:BABA) fell 5.8% to $126.24 in pre-market trading after the company reported downbeat quarterly revenue.

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