Benzinga - by Lisa Levin, Benzinga Editor.
U.S. stock futures traded higher this morning on Friday. Here are some big stocks recording losses in today’s pre-market trading session.
- Park Aerospace Corp (NYSE: PKE) shares tumbled 12.8% to $13.78 in pre-market trading following quarterly results. Park Aerospace reported earnings of $0.09 per share for the 2024 fiscal year second quarter, compared to $0.09 per share for the year-ago period. Its sales fell to $12.48 million from $13.88 million in the year-ago quarter.
- Aehr Test Systems (NASDAQ: AEHR) shares dipped 12.3% to $38.77 in pre-market trading. Aehr Test posted upbeat earnings and sales results for its first quarter. The company also reiterated its previously issued guidance for FY24.
- Koninklijke Philips (LON:0LNG) N.V. (NYSE: PHG) shares declined 8% to $18.13 in pre-market trading after the US Food and Drug Administration requested more tests on its sleep apnea devices.
- LG Display Co., Ltd. (NYSE: LPL) shares declined 3.3% to $4.40 in pre-market trading after falling 2% on Thursday.
- Frontline plc (NYSE: FRO) shares fell 3.1% to $18.12 in pre-market. Euronav NV (NYSE: EURN) confirmed that the second shareholder, Compagnie Maritime Belge (CMB), offered to acquire Frontline’s 26.12% stake in the company for $18.43 per share, which a mandatory public offer at the same price will follow.
- Levi Strauss (NYSE:LEVI) & Co (NYSE: LEVI) shares declined 1.9% to $12.96 in pre-market trading. Levi Strauss reported better-than-expected earnings for its third quarter, while sales missed estimates.
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