U.S. stock futures were lower this morning, with the Dow futures falling around 200 points on Tuesday.

Shares of Cango Inc (NYSE:CANG) fell sharply in pre-market trading as the company posted downbeat results for the second quarter.

Cango reported quarterly losses of $1.99 per share which missed the analyst consensus estimate of losses of 90 cents per share. The company reported quarterly sales of $50.781 million which missed the analyst consensus estimate of $101.970 million.

Cango shares dipped 10% to $2.15 in pre-market trading.

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

• Myriad Genetics Inc (NASDAQ:MYGN) shares dipped 5.3% to $3.05 in pre-market trading.
• Corvex Inc (NASDAQ:MOVE) shares fell 5.1% to $10.39 in pre-market trading. Corvex shares jumped over 25% on Monday after the company announced a data center expansion at its existing Mid-Atlantic data center and the establishment of operations at a second existing enterprise-scale data center in the Midwest.
• Advasa Holdings (NASDAQ:ADBT) fell 5.1% to $4.31 in pre-market trading following a 9% decline on Monday.
• Cabaletta Bio Inc (NASDAQ:CABA) dipped 5.1% to $2.95 in pre-market trading.
• Sezzle Inc (NASDAQ:SEZL) shares fell 5% to $114.50 in pre-market trading after declining 3% on Monday.
• UBS Group AG (NYSE:UBS) fell 4.7% to $53.08 in pre-market trading. On Monday, UBS hired four financial advisors in Los Angeles.
• Enlight Renewable Energy Ltd (NASDAQ:ENLT) fell 4% to $75.05 in pre-market trading. Enlight Renewable Energy, last month, reported better-than-expected second-quarter EPS results and raised its FY26 sales guidance.
• Metalla Royalty & Streaming Ltd (NYSE:MTA) declined 4% to $10.00 in pre-market trading. Metalla Royalty, last month, posted downbeat quarterly earnings.
• Gemini Space Station Inc (NASDAQ:GEMI) fell 3.3% to $4.35 in pre-market trading following around 5% gain on Monday.
• NIO Inc. (NYSE:NIO) fell 2.1% to $4.15 in pre-market trading after the company issued August delivery update. The company delivered 35,836 vehicles in August, up 14.5% year over year.

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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.