Mercury Systems Posts Mixed Q4 Results, Joins WhiteFiber And Other Big Stocks Moving Lower In Wednesday’s Pre-Market Session

U.S. stock futures were mixed this morning, with the Nasdaq 100 futures gaining around 0.1% on Wednesday.

Shares of Mercury Systems Inc (NASDAQ:MRCY) fell sharply in pre-market trading after the company reported mixed fourth-quarter financial results.

The company reported quarterly earnings of 37 cents per share, which missed the analyst consensus estimate of 38 cents per share. The company reported quarterly sales of $289.782 million, which beat the analyst consensus estimate of $266.403 million.

Mercury Systems shares dipped 10.6% to $93.70 in pre-market trading.

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

• Profusa Inc (NASDAQ:PFSA) shares dipped 33.7% to $18.20 in pre-market trading after jumping around 507% on Tuesday.
• IP Strategy Holdings Inc (NASDAQ:IPST) declined 16.6% to $13.14 in pre-market trading after surging 113% on Tuesday.
• WhiteFiber Inc (NASDAQ:WYFI) dropped 16.2% to $22.70 in pre-market trading after the company announced a $250 million offering of convertible senior notes.
• Cronos Group Inc (NASDAQ:CRON) fell 9.7% to $2.90 in pre-market trading. Cronos Group recently reported better-than-expected second-quarter financial results.
• CXApp Inc (NASDAQ:CXAI) shares declined 9.4% to $3.86 in pre-market trading after falling over 4% on Tuesday. CXApp recently announced a 1-for-50 reverse stock split.
• Evolution Metals & Technologies Corp (NASDAQ:EMAT) fell 6.7% to $2.91 in pre-market trading. Evolution Metals & Technologies, on Monday, posted mixed quarterly results.
• Akso Health Group – ADR (NASDAQ:AHG) fell 6.2% to $0.97 in pre-market trading after dipping around 15% on Tuesday.
• Cogent Communications Holdings Inc (NASDAQ:CCOI) fell 4.7% to $9.65 in pre-market trading after declining around 6% on Tuesday. Cogent Communications recently reported worse-than-expected second-quarter sales results.
• ManpowerGroup Inc (NYSE:MAN) declined 4.2% to $57.00 in pre-market trading after gaining around 5% on Tuesday.
• Digital Currency X Technology Inc (NASDAQ:DCX) declined 3.3% to $0.90 in pre-market trading following around 3% drop on Tuesday.

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