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Worthington Steel Posts Downbeat Earnings, Joins MillerKnoll And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
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U.S. stock futures were lower this morning, with the Dow futures falling around 300 points on Thursday.

Shares of Worthington Steel Inc (NYSE:WS) fell sharply in pre-market trading after the company reported weaker-than-expected third-quarter financial results.

The company reported quarterly earnings of 27 cents per share, which missed the analyst consensus estimate of 46 cents per share. The company reported quarterly sales of $769.800 million, which missed the analyst consensus estimate of $882.950 million.

Worthington Steel shares dipped 14.1% to $30.10 in pre-market trading.

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

  • urban-gro Inc (NASDAQ:UGRO) dipped 19.8% to $29.09 in pre-market trading. urban-Gro shares jumped 417% on Wednesday after the company announced it is strategically positioned to capture growth, with T20 cricket franchise valuations exceeding $1.6 billion and global media expansion accelerating.
  • MillerKnoll Inc (NASDAQ:MLKN) dipped 19% to $15.70 in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued weak fourth-quarter earnings guidance. Also, the company issued fourth-quarter sales guidance with its midpoint below estimates.
  • iHeartMedia, Inc. (NASDAQ:IHRT) declined 7.2% to $2.60 in pre-market trading.
  • Diana Shipping Inc. (NYSE:DSX) fell 7.2% to $2.29 in pre-market trading.
  • Allogene Therapeutics, Inc (NASDAQ:ALLO) fell 5.5% to $2.20 in pre-market trading after gaining 5% on Wednesday.
  • Sibanye Stillwater Limited (NYSE:SBSW) declined 5.3% to $11.15 in pre-market trading.
  • Teck Resources Limited (NYSE:TECK) fell 5.2% to $47.74 in pre-market trading.
  • First Majestic Silver Corp. (NYSE:AG) declined 5% to $19.76 in pre-market trading.
  • Avino Silver & Gold Mines Ltd. (NYSE:ASM) fell 3.2% to $5.88 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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