Lennar Posts Downbeat Q3 Results, Joins Fluence Energy And Other Big Stocks Moving Lower In Thursday’s Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq 100 futures gaining around 1% on Thursday.

Shares of Lennar Corporation (NYSE:LEN) fell sharply in pre-market trading after the company posted downbeat results for the third quarter.

Lennar reported third-quarter revenue of $8.05 billion, missing analyst estimates of $8.31 billion, according to Benzinga Pro. The U.S. homebuilder reported adjusted earnings of $1.23 ($1.19 GAAP) per share for the quarter, missing estimates of $1.30 per share.

Lennar shares dipped 2.6% to $76.36 in pre-market trading.

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

• Fluence Energy Inc (NASDAQ:FLNC) fell 19.5% to $7.28 in pre-market trading as the company cut its FY26 sales guidance below estimates. The company also named Bernerd Da Santos as chief operating officer.
• Universe Pharmaceuticals Inc (NASDAQ:UPC) fell 13.4% to $4.12 in pre-market trading after gaining around 7% on Wednesday.
• Rectitude Holdings Ltd (NASDAQ:RECT) fell 9.3% to $1.17 in pre-market trading.
• Pegasystems Inc (NASDAQ:PEGA) shares declined 3.5% to $35.55 in pre-market trading.
• JinkoSolar Holding Co., Ltd (NYSE:JKS) fell 3.2% to $9.95 in pre-market trading following a 4% decline on Wednesday.
• OIO Group (NASDAQ:OIO) fell 2.7% to $1.79 in pre-market trading after gaining 3% on Wednesday.
• Nayax Ltd (NASDAQ:NYAX) declined 2.6% to $41.81 in pre-market trading.
• Fluor Corp (NYSE:FLR) fell 2.5% to $51.67 in pre-market trading.
• Palo Alto Networks Inc (NASDAQ:PANW) declined 2.5% to $366.26 in pre-market trading.
• Wolfspeed Inc (NYSE:WOLF) slipped 2.3% to $23.13 in pre-market trading.

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