Sign up
Log in
UiPath Posts Weak Revenue, Joins SentinelOne, American Eagle And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
Share
Listen to the news

U.S. stock futures were lower this morning, with the Dow futures falling around 0.1% on Thursday.

Shares of UiPath Inc. (NYSE:PATH) fell sharply in today's pre-market trading after the company reported a fourth-quarter revenue miss and issued first-quarter revenue guidance below estimates.

UiPath reported quarterly earnings of nine cents per share, which beat the analyst consensus estimate of three cents. Quarterly revenue of $424 million missed the analyst consensus estimate of $425.36 million and is an increase over revenue of $405.25 million from the same period last year.

UiPath shares dipped 16.7% to $9.85 in the pre-market trading session.

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

  • SentinelOne, Inc. (NYSE:S) fell 13.6% to $16.68 in pre-market trading after the company reported fourth-quarter results.      
  • American Eagle Outfitters, Inc. (NYSE:AEO) shares dipped 10.9% to $10.20 in pre-market trading following fourth-quarter results.
  • A10 Networks, Inc. (NYSE:ATEN) fell 10.4% to $17.51 in pre-market trading after the company announced $200 million convertible senior notes offering.
  • VNET Group, Inc. (NASDAQ:VNET) dipped 10.2% to $9.88 in pre-market trading as the company announced a proposed offering of convertible senior notes.
  • AnaptysBio, Inc (NASDAQ:ANAB) shares tumbled 6.8% to $16.50 in pre-market trading.
  • PACCAR Inc (NASDAQ:PCAR) fell 5.2% to $97.00 in pre-market trading.
  • AngioDynamics, Inc. (NASDAQ:ANGO) fell 3.2% to $9.10 in pre-market trading.
  • Mister Car Wash, Inc. (NASDAQ:MCW) fell 2.3% to $7.60 in pre-market trading. Raymond James analyst Bobby Griffin initiated coverage on Mister Car Wash with an Outperform rating and announced a price target of $10.

Now Read This:

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.