Benzinga - by Avi Kapoor, Benzinga Staff Writer.
U.S. stock futures were lower this morning, with the Dow futures falling by around 50 points on Tuesday.
Shares of DLocal Limited (NASDAQ: DLO) fell sharply in today’s pre-market trading after the company reported mixed fourth-quarter financial results, issued guidance and announced a new CFO.
DLocal reported quarterly earnings of 10 cents per share which missed the analyst consensus estimate of 15 cents by 33.33%. The company reported quarterly sales of $188 million, beating the analyst consensus estimate of $173.686 million, according to data from Benzinga Pro.
The company announced the appointment of Mark Ortiz as dLocal’s Chief Financial Officer, effective April 15.
DLocal shares dipped 13.3% to $15.77 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading session.
- StoneCo Ltd. (NASDAQ: STNE) shares dipped 9.8% to $15.75 in pre-market trading after the company reported fourth-quarter financial results.
- MicroStrategy Incorporated (NASDAQ: MSTR) shares fell 9.2% to $1,365.00. MicroStrategy shares dipped over 15% on Monday after the company recently announced pricing of its offering of convertible senior notes.
- Bitdeer Technologies Group (NASDAQ: BTDR) shares dipped 8.4% to $6.78 in pre-market trading. Bitdeer Technologies Group filed for mixed shelf of up to $750 million.
- Beyond Meat, Inc. (NASDAQ: BYND) shares declined 7.9% to $7.65 in pre-market trading after the company filed for a mixed securities shelf offering.
- Brand Engagement Network, Inc. (NASDAQ: BNAI) shares fell 6.2% to $12.90 in pre-market trading after surging over 30% on Monday.
- Coinbase Global, Inc. (NASDAQ: COIN) shares fell 5.4% to $226.69 in pre-market trading amid weakness in Bitcoin prices.
- CleanSpark, Inc. (NASDAQ: CLSK) shares declined 5.3% to $16.54 in pre-market trading. BTIG analyst Gregory Lewis maintained Cleanspark with a Buy and raised the price target from $12 to $22.
- PagSeguro Digital Ltd. (NYSE: PAGS) shares fell 3.5% to $13.58 in pre-market trading. On Monday, New Street Research analyst Soomit Datta upgraded PagSeguro Digital from Neutral to Buy and announced an $18 price target.
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