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Nayax Posts Weak Q1 Results, Joins GameStop, Iris Energy And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Benzinga ·  May 16 05:40

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Thursday.

Shares of Nayax Ltd. (NASDAQ:NYAX) fell sharply in today's pre-market trading following weak quarterly results.

Nayax posted a GAAP loss of 15 cents per share, compared to market expectations for a loss of 4 cents per share. The company's quarterly sales came in at $63.962 million, missing estimates of $72.825 million, according to data from Benzinga Pro.

Nayax shares dipped 7.2% to $25.96 in pre-market trading.

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

  • Spire Global, Inc. (NYSE:SPIR) shares dipped 23.3% to $8.70 in pre-market trading after the company reported mixed first-quarter financial results and lowered its FY24 forecast.
  • GameStop Corp. (NYSE:GME) shares declined 14.2% to $33.93 in pre-market trading after dipping around 19% on Wednesday.
  • AMC Entertainment Holdings, Inc. (NYSE:AMC) shares fell 10.5% to $4.90 in pre-market trading after tumbling 20% on Wednesday.
  • Pitney Bowes Inc. (NYSE:PBI) shares declined 8.4% to $5.00 in pre-market trading. Pitney Bowes, earlier during the month, reported better-than-expected first-quarter EPS and sales.
  • Iris Energy Limited (NASDAQ:IREN) shares declined 7.6% to $4.80 in pre-market trading after the company reported third-quarter results and filed for $500 million mixed securities shelf.
  • Ocugen, Inc. (NASDAQ:OCGN) shares declined 6.1% to $1.84 in pre-market trading following a 15% surge on Wednesday.
  • Dada Nexus Limited (NASDAQ:DADA) shares fell 5% to $1.91 in pre-market trading following weak quarterly results.
  • BlackBerry Limited (NYSE:BB) shares declined 4.6% to $3.08 in pre-market trading after declining 7% on Wednesday.
  • New Oriental Education & Technology Group Inc (NYSE:EDU) shares slipped 3.6% to $84.08 in pre-market trading.

Now Read This: Walmart, Deere And 3 Stocks To Watch Heading Into Thursday

Don't forget to check out our premarket coverage here

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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