AST SpaceMobile Posts Downbeat Q1 Results, Joins Hims & Hers Health, Gitlab And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

AST SPACEMOBILE INC ASTS	0.00	0.00%
Bakkt Holdings BKKT	0.00	0.00%
CleanSpark CLSK	0.00	0.00%
GITLAB INC. GTLB	0.00	0.00%
ZoomInfo GTM	0.00	0.00%

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

Shares of AST SpaceMobile Inc (NASDAQ:ASTS) fell sharply in pre-market trading after the company reported worse-than-expected quarterly financial results.

AST SpaceMobile reported quarterly losses of 66 cents per share, which missed the consensus estimate for losses of 23 cents per share. Quarterly revenue of $14.74 million fell short of the $37.63 million Street estimate, according to Benzinga Pro data.

AST SpaceMobile shares dipped 11% to $73.45 in pre-market trading.

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

Microvast Holdings Inc (NASDAQ:MVST) fell 34.2% to $1.33 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
Zoominfo Technologies Inc (NASDAQ:GTM) tumbled 33.6% to $4.01 in pre-market trading after the company reported first-quarter financial results and issued second-quarter sales guidance below estimates. Also, the company cut its FY26 sales guidance below estimates.
Power Solutions International Inc (NASDAQ:PSIX) fell 31.7% to $42.60 in pre-market trading after the company reported worse-than-expected quarterly financial results.
Hims & Hers Health Inc (NYSE:HIMS) dipped 14.9% to $24.80 in pre-market trading after the company reported worse-than-expected first-quarter financial results
Gitlab Inc (NASDAQ:GTLB) dipped 12.1% to $22.53 in pre-market trading as the company announced a reduction in force to realign its operating structure.
Harrow Inc (NASDAQ:HROW) fell 11.7% to $33.60 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
Bakkt Inc (NYSE:BKKT) dipped 10.7% to $8.85 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
Webtoon Entertainment Inc (NASDAQ:WBTN) dipped 10% to $11.98 in pre-market trading after the company reported mixed first-quarter financial results and issued second-quarter sales guidance below estimates.
CleanSpark Inc (NASDAQ:CLSK) fell 9.8% to $12.90 in pre-market trading following weak quarterly results.
Life360 (NASDAQ:LIF) fell 9.2% to $39.30 in pre-market trading following quarterly results.

Photo via Shutterstock

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.