
Amtech Systems, Tesla And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures declined this morning, with the Dow futures down approximately 1%. Amtech Systems Inc. saw a significant drop of 8% in pre-market trading after revising its second-quarter revenue forecast down to $15 million-$16 million from $21 million-$23 million. Other notable declines included Greenfire Resources Ltd (-31.1%), Upstream Bio Inc (-29.6%), and Helix Energy Solutions Group, Inc. (-23%). Tesla, Inc. also fell 3.4% after a previous gain of 23%.
U.S. stock futures were lower this morning, with the Dow futures falling around 1% on Thursday.
Shares of Amtech Systems Inc ASYS fell sharply in today's pre-market trading after the company cut its revenue forecast for the second quarter.
The company said it now sees second-quarter revenue of $15 million-$16 million, down from its earlier outlook of $21 million-$23 million.
Amtech Systems shares dipped 8% to $3.92 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Greenfire Resources Ltd GFR shares dipped 31.1% to $3.50 in pre-market trading.
- Upstream Bio Inc UPB shares fell 29.6% to $4.60 in pre-market trading after gaining 8% on Wednesday. Upstream Bio, last month, reported worse-than-expected third-quarter sales results.
- Antelope Enterprise Holdings Ltd AEHL declined 28.1% to $3.20 in pre-market trading after jumping 104% on Wednesday.
- Metallus Inc MTUS slipped 25.3% to $9.50 in pre-market trading after gaining 11% on Wednesday.
- Helix Energy Solutions Group, Inc. HLX shares tumbled 23% to $5.30 in pre-market trading.
- Concrete Pumping Holdings, Inc. BBCP fell 16.7% to $4.80 in pre-market trading after gaining 10% on Wednesday.
- Olaplex Holdings, Inc. OLPX dipped 16.1% to $1.04 in pre-market trading.
- Varex Imaging Corporation VREX fell 12.7% to $7.58 in pre-market trading.
- United States Steel Corporation X dipped 11.4% to $39.99 in pre-market trading.
- STMicroelectronics N.V. STM fell 6.2% to $20.26 in pre-market trading.
- Tesla, Inc. TSLA fell 3.4% to $262.91 in pre-market trading after jumping arouns 23% on Wednesday.
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