U.S. stock futures were lower this morning, with the Dow futures falling around 100 points on Thursday.
Shares of Red Cat Holdings, Inc. (NASDAQ:RCAT) fell sharply in today’s pre-market trading after the company reported worse-than-expected quarterly financial results.
Red Cat reported first-quarter revenue of $1.63 million, missing analyst estimates of $3.85 million. The company reported a first-quarter loss of 27 cents per share, missing analyst estimates for a loss of eight cents per share, according to Benzinga Pro.
Red Cat shares tumbled 13.4% to $5.76 in the pre-market trading session.
Here …
Full story available on Benzinga.com
U.S. stock futures were lower this morning, with the Dow futures falling around 100 points on Thursday.
Shares of Red Cat Holdings, Inc. (NASDAQ:RCAT) fell sharply in today’s pre-market trading after the company reported worse-than-expected quarterly financial results.
Red Cat reported first-quarter revenue of $1.63 million, missing analyst estimates of $3.85 million. The company reported a first-quarter loss of 27 cents per share, missing analyst estimates for a loss of eight cents per share, according to Benzinga Pro.
Red Cat shares tumbled 13.4% to $5.76 in the pre-market trading session.
Here …
Full story available on Benzinga.com
U.S. stock futures were lower this morning, with the Dow futures falling around 100 points on Thursday.
Shares of Red Cat Holdings, Inc. (NASDAQ:RCAT) fell sharply in today’s pre-market trading after the company reported worse-than-expected quarterly financial results.
Red Cat reported first-quarter revenue of $1.63 million, missing analyst estimates of $3.85 million. The company reported a first-quarter loss of 27 cents per share, missing analyst estimates for a loss of eight cents per share, according to Benzinga Pro.
Red Cat shares tumbled 13.4% to $5.76 in the pre-market trading session.
Here …Full story available on Benzinga.com Read MoreBABA, BHVN, big losers, DKS, DXC, News, NFE, Premarket Movers, RCAT, RYET, SHLS, UNH, Pre-Market Outlook, Markets, Movers, Trading Ideas, DKS, US2533931026, UNH, US91324P1021, NFE, SHLS, BABA, DXC, BHVN, RCAT, RYET, News, Pre-Market Outlook, Markets, Movers, Trading Ideas, Benzinga Markets
