QuickLogic Posts Downbeat Q1 Results, Joins Resideo Technologies And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Birkenstock Holding Ltd.
Evotec SE
Karman Holdings Inc.
Kura Oncology, Inc.
Koninklijke Philips N.V. Sponsored ADR

Birkenstock Holding Ltd.

BIRK

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Evotec SE

EVO

0.00

Karman Holdings Inc.

KRMN

0.00

Kura Oncology, Inc.

KURA

0.00

Koninklijke Philips N.V. Sponsored ADR

PHG

0.00

U.S. stock futures were mixed this morning, with the Dow futures falling around 100 points on Wednesday.

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

QuickLogic reported quarterly losses of 8 cents per share which missed the analyst consensus estimate of losses of 5 cents per share. The company reported quarterly sales of $5.051 million which missed the analyst consensus estimate of $5.508 million.

QuickLogic shares dipped 6.6% to $17.80 in pre-market trading.

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

  • Ring Energy Inc (NYSE:REI) fell 18.4% to $1.45 in pre-market trading after the company announced pricing of public offering of common stock.
  • Red Cat Holdings Inc (NASDAQ:RCAT) dipped 10.8% to $9.84 in pre-market trading after the company announced pricing of public offering of common stock.
  • Evotec SE (NYSE:EVO) dipped 8.7% to $2.74 in pre-market trading. Evotec successfully placed €116.1 million convertible bonds.
  • Resideo Technologies Inc (NYSE:REZI) shares dipped 7.2% to $34.05 in pre-market trading after the company reported first-quarter financial results and issued second-quarter guidance below estimates.
  • Wix.com Ltd. (NASDAQ:WIX) fell 7% to $70.60 in pre-market trading following weak quarterly results.
  • Birkenstock Holding PLC (NYSE:BIRK) declined 6.6% to $35.45 in pre-market trading following second-quarter results.
  • Phoenix Asia Holdings Ltd (NASDAQ:PHOE) fell 6% to $16.93 in pre-market trading.
  • Karman Holdings Inc (NYSE:KRMN) fell 5.6% to $59.00 in pre-market trading after the company reported mixed quarterly financial results.
  • Koninklijke Philips NV (NYSE:PHG) shares declined 5.3% to $25.57 in pre-market trading.
  • Kura Oncology Inc (NASDAQ:KURA) fell 5.1% to $9.19 in pre-market trading following weak quarterly sales.

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