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Cal-Maine Foods Posts Downbeat Earnings, Joins Enanta Pharmaceuticals, AAR And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
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U.S. stock futures were lower this morning, with the Dow futures falling more than 200 points on Wednesday.

Shares of Cal-Maine Foods Inc (NASDAQ:CALM) fell sharply in pre-market trading after the company posted weaker-than-expected first-quarter results.

Cal-Maine Foods reported quarterly earnings of $4.12 per share which missed the analyst consensus estimate of $5.35 per share. The company reported quarterly sales of $922.602 million which missed the analyst consensus estimate of $960.313 million.

Cal-Maine Foods shares dipped 8.6% to $86.00 in pre-market trading.

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

  • Etoiles Capital Group Co Ltd (NASDAQ:EFTY) shares tumbled 27.1% to $12.32 in pre-market trading after gaining 14% on Tuesday.
  • Enanta Pharmaceuticals Inc (NASDAQ:ENTA) fell 12.1% to $10.50 in pre-market trading after the company announced the pricing of upsized public offering of common stock.
  • Fortress Biotech Inc (NASDAQ:FBIO) fell 10.3% to $3.31 in pre-market trading after declining 5% on Tuesday.
  • Tilray Brands Inc (NASDAQ:TLRY) declined 7% to $1.61 in pre-market trading after dipping 6% on Tuesday.
  • AAR Corp (NYSE:AIR) dipped 6.7% to $83.60 in pre-market trading after the company reported the pricing of public offering of 3,000,000 shares of common stock.
  • Cytokinetics, Inc. (NASDAQ:CYTK) fell 5.3% to $52.04 in pre-market trading.
  • Quad/Graphics Inc (NYSE:QUAD) declined 4% to $6.01 in pre-market trading.

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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.
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