J B Hunt Transport Reports Downbeat Earnings, Joins ASML And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Author: Avi Kapoor | April 17, 2024 08:07am

U.S. stock futures were higher this morning, with the Dow futures gaining over 100 points on Wednesday.

Shares of J B Hunt Transport Services Inc (NASDAQ:JBHT) fell sharply in today’s pre-market trading after the company missed first-quarter revenue and EPS estimates.

JB Hunt Transport posted quarterly earnings of $1.22 per share, missing analysts’ estimates of $1.52 per share. The company’s quarterly sales came in at $2.94 billion, missing expectations of $3.12 billion, according to data from Benzinga Pro.

J B Hunt Transport shares dipped 6% to $172.00 in pre-market trading.

Here are some big stocks recording losses in today’s pre-market trading session.

Qurate Retail Inc(NASDAQ:QRTEA) shares fell 5% to $0.96 in pre-market trading.
ASML Holding N.V. (NASDAQ:ASML) shares fell 4.9% to $929.00 in pre-market trading after the company reported worse-than-expected first-quarter results and issued second-quarter guidance.
Capri Holdings Limited (NYSE:CPRI) shares declined 4.8% to $37.06 in pre-market trading following a report indicating the FTC is preparing to sue to block Tapestry's takeover of the company.
Sage Therapeutics, Inc. (NASDAQ:SAGE) shares fell 4% to $15.00 in pre-market trading as the company disclosed topline results from Phase 2 PRECEDENT study of Dalzanemdor (SAGE-718) in the treatment of mild cognitive impairment in Parkinson's disease.
Urban Outfitters, Inc. (NASDAQ:URBN) declined 3.7% to $36.60 in pre-market trading.
Polestar Automotive Holding UK PLC (NASDAQ:PSNY) shares fell 3.5% to $1.26 in pre-market trading.
Fortuna Silver Mines Inc. (NYSE:FSM) fell 3.1% to $4.40 in pre-market trading.