Oxford Industries, GameStop, Boeing 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 250 points on Thursday.

Shares of Oxford Industries, Inc. (NYSE:OXM) fell sharply in today's pre-market trading as the company reported in-line earnings for the first quarter and issued second-quarter earnings guidance below estimates. Also, the company lowered its FY25 guidance.

Oxford Industries posted adjusted EPS of $1.82, in-line with estimates. The company's quarterly sales came in at $392.86 million versus expectations of $384.77 million.

Oxford Industries shares dipped 10.1% to $44.99 in the pre-market trading session.

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

• Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) dipped 17% to $31.32 in pre-market trading. Tonix Pharmaceuticals may sell up to $150 million in common stock.
• GameStop Corp. (NYSE:GME) fell 12.4% to $24.97 in pre-market trading after the company announced a $1.75 billion proposed private offering of convertible senior notes.
• Karooooo Ltd. (NASDAQ:KARO) dipped 11.1% to $52.94 in pre-market trading.
• Yiren Digital Ltd. (NYSE:YRD) declined 10.1% to $6.69 in pre-market trading.
• QuantaSing Group Limited (NASDAQ:QSG) fell 9.9% to $10.87 in pre-market trading.
• DeFi Development Corp. (NASDAQ:DFDV) dipped 8.6% to $24.00 in pre-market trading.
• The Boeing Company (NYSE:BA) fell 7.4% to $198.10 in pre-market trading. An Air India Boeing 787-8 Dreamliner by Boeing crashed on Thursday near the India's Ahmedabad airport, with 242 passengers on board. The flight was en route to London Gatwick from Ahmedabad.
• GE Aerospace (NYSE:GE) fell 4.4% to $234.57 in pre-market trading.

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