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Forward Air Posts Downbeat Q1 Results, Joins Upwork, HubSpot And Other Big Stocks Moving Lower In Friday's Pre-Market Session
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U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Friday.

Shares of Forward Air Corp (NASDAQ:FWRD) fell sharply in pre-market trading after the company reported worse-than-expected first-quarter financial results.

Forward Air reported first-quarter revenue of $582 million, down from $613 million in the prior-year quarter. The company posted a net loss of $40.2 million, compared to a net loss of $61.2 million a year earlier.

Forward Air shares dipped 42.8% to $9.90 in pre-market trading.

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

  • Kodiak AI Inc (NASDAQ:KDK) fell 33.7% to $6.03 in pre-market trading after the company reported first-quarter financial results. The company announced a $100 million common stock and warrant private placement.
  • TSS Inc (NASDAQ:TSSI) declined 24.4% to $11.97 in pre-market trading after the company reported first-quarter financial results.
  • Upwork Inc (NASDAQ:UPWK) tumbled 22.6% to $8.21 in pre-market trading after the company reported mixed first-quarter financial results and cut its FY26 sales guidance below estimates.
  • HubSpot Inc (NYSE:HUBS) fell 20.8% to $193.04 in pre-market trading after the company reported first-quarter financial results and issued second-quarter sales guidance below estimates.
  • Organogenesis Holdings Inc (NASDAQ:ORGO) declined 18% to $2.06 in pre-market trading following weak quarterly results.
  • Cloudflare Inc (NYSE:NET) dipped 16.2% to $215.00 in pre-market trading after the company reported first-quarter financial results and issued second-quarter sales guidance with its midpoint below estimates.
  • DXC Technology Co (NYSE:DXC) dipped 16.2% to $10.04 in pre-market trading after the company reported mixed fourth-quarter financial results and issued FY27 adjusted EPS guidance below estimates.
  • Trade Desk Inc (NASDAQ:TTD) fell 15.8% to $19.75 in pre-market trading after the company reported mixed first-quarter financial results and issued second-quarter revenue guidance below estimates.
  • Eastman Kodak Co (NYSE:KODK) declined 15.4% to $11.97 in pre-market trading following first-quarter results.
  • Figs Inc (NYSE:FIGS) fell 12% to $13.52 in pre-market trading following first-quarter results.
  • Lifestance Health Group Inc (NASDAQ:LFST) dipped 9.9% to $7.97 in pre-market trading after announcing pricing of secondary public offering.
  • SoundHound AI Inc (NASDAQ:SOUN) fell 9.8% to $8.68 in pre-market trading after the company reported mixed first-quarter financial results.
  • Toast Inc (NYSE:TOST) declined 9.5% to $26.59 in pre-market trading following first-quarter results.
  • Expedia Group Inc (NASDAQ:EXPE) fell 8.1% to $232.45 in pre-market trading following first-quarter results.
  • Diodes Inc (NASDAQ:DIOD) declined 7.1% to $104.60 in pre-market trading following first-quarter results.

Photo via Shutterstock

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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