RH Posts Downbeat Earnings, Joins Apple, Tesla, Nvidia 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 more than 1,000 points on Thursday.
Shares of RH (NYSE:RH) fell sharply in today's pre-market trading after the company reported weaker-than-expected fourth-quarter financial results.
RH reported fourth-quarter revenue of $812.41 million, missing the consensus estimate of $829.56 million, according to Benzinga Pro. The luxury retailer reported fourth-quarter adjusted earnings of $1.58 per share, missing analyst estimates of $1.92 per share.
RH shares dipped 26.6% to $182.97 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
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- AdvanSix Inc. (NYSE:ASIX) dipped 29% to $16.00 in pre-market trading.
- Hamilton Beach Brands Holding Company (NYSE:HBB) fell 24.7% to $15.01 in pre-market trading.
- Waton Financial Limited (NASDAQ:WTF) shares dipped 20.3% to $5.60 in pre-market trading following a 65% decline on Wednesday. Waton Financial announced the closing of initial public offering with simultaneous full exercise of the over-allotment option.
- RxSight, Inc. (NASDAQ:RXST) shares fell 19.2% to $21.00 in pre-market trading after the company announced preliminary first quarter revenue and revised 2025 guidance.
- Franklin Covey Co. (NYSE:FC) shares tumbled 14.4% to $23.87 in pre-market trading following weak quarterly sales.
- lululemon athletica inc. (NASDAQ:LULU) fell 13% to $246.00 in pre-market trading.
- The Gap, Inc. (NYSE:GAP) fell 12.6% to $19.57 in pre-market trading.
- NIKE, Inc. (NYSE:NKE) dipped 11.6% to $57.44 in pre-market trading.
- Thryv Holdings, Inc. (NASDAQ:THRY) dipped 10.1% to $11.79 in pre-market trading.
- BrightView Holdings, Inc. (NYSE:BV) dipped 8.3% to $12.23 in pre-market trading.
- Apple Inc. (NASDAQ:AAPL) fell 7.4% to $207.25 in pre-market trading. Tigress Financial analyst Ivan Feinseth maintained Apple with a Strong Buy and raised the price target from $295 to $300.
- CNB Financial Corporation (NASDAQ:CCNE) fell 6.8% to $20.97 in pre-market trading.
- Tesla, Inc. (NASDAQ:TSLA) fell 5.7% to $266.66 in pre-market trading after gaining over 5% on Wednesday.
- NVIDIA Corporation (NASDAQ:NVDA) dipped 5.3% to $104.56 in pre-market trading.
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