State Street, Fastenal And Other Big Stocks Moving Lower In Wednesday’s Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures gaining around 150 points on Wednesday.

Shares of State Street Corporation (NYSE:STT) fell sharply in pre-market trading after the company released third-quarter results.

State Street posted adjusted earnings of $3.69 per share, beating market estimates of $3.67 per share. The company’s sales came in at $4.004 billion, missing expectations of $4.028 billion.

State Street shares dipped 6.4% to $162.75 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

• Biomea Fusion Inc (NASDAQ:BMEA) shares tumbled 28.6% to $0.90 in pre-market trading. The company announced Phase 1 results for BMF-650, its investigational oral GLP-1 receptor agonist being developed for weight management.
• Skydance Corporation (NYSE:SKYD) shares dipped 16.3% to $7.60 in pre-market trading.
• Zhibao Technology Inc (NASDAQ:ZBAO) declined 6.9% to $1.76 in pre-market trading after falling 21% on Tuesday.
• Fastenal Company (NASDAQ:FAST) declined 5.3% to $48.71 in pre-market trading following quarterly results.
• Bank of America Corporation (NYSE:BAC) dipped 4.3% to $51.60 in pre-market trading following downbeat quarterly results.
• Quantum eMotion Corp. (NYSE:QNC) fell 4.1% to $1.3905 in pre-market trading.
• Hewlett Packard Enterprise Co (NYSE:HPE) fell 3.8% to $66.28 in pre-market trading after declining 2% on Tuesday.
• AMTD Digital Inc – ADR (NYSE:HKD) fell 3.6% to $1.61 in pre-market trading.
• Woori Financial Group Inc. (NYSE:WF) slipped 3.6% to $69.23 in pre-market trading.
• Dell Technologies Inc. (NYSE:DELL) shares declined 3.1% to $554.80 in pre-market trading.
• SK hynix Inc. (NASDAQ:SKHY) fell 3.1% to $152.15 in pre-market trading after declining 3% on Tuesday.

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