QuickLogic Posts Downbeat Q1 Results, Joins Resideo Technologies And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Benzinga·05/13/2026 12:02:07
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U.S. stock futures were mixed this morning, with the Dow futures falling around 100 points on Wednesday.
Shares of QuickLogic Corp (NASDAQ:QUIK) fell in pre-market trading after the company reported worse-than-expected first-quarter financial results.
QuickLogic reported quarterly losses of 8 cents per share which missed the analyst consensus estimate of losses of 5 cents per share. The company reported quarterly sales of $5.051 million which missed the analyst consensus estimate of $5.508 million.
QuickLogic shares dipped 6.6% to $17.80 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Ring Energy Inc (NYSE:REI) fell 18.4% to $1.45 in pre-market trading after the company announced pricing of public offering of common stock.
- Red Cat Holdings Inc (NASDAQ:RCAT) dipped 10.8% to $9.84 in pre-market trading after the company announced pricing of public offering of common stock.
- Evotec SE (NYSE:EVO) dipped 8.7% to $2.74 in pre-market trading. Evotec successfully placed €116.1 million convertible bonds.
- Resideo Technologies Inc (NYSE:REZI) shares dipped 7.2% to $34.05 in pre-market trading after the company reported first-quarter financial results and issued second-quarter guidance below estimates.
- Wix.com Ltd. (NASDAQ:WIX) fell 7% to $70.60 in pre-market trading following weak quarterly results.
- Birkenstock Holding PLC (NYSE:BIRK) declined 6.6% to $35.45 in pre-market trading following second-quarter results.
- Phoenix Asia Holdings Ltd (NASDAQ:PHOE) fell 6% to $16.93 in pre-market trading.
- Karman Holdings Inc (NYSE:KRMN) fell 5.6% to $59.00 in pre-market trading after the company reported mixed quarterly financial results.
- Koninklijke Philips NV (NYSE:PHG) shares declined 5.3% to $25.57 in pre-market trading.
- Kura Oncology Inc (NASDAQ:KURA) fell 5.1% to $9.19 in pre-market trading following weak quarterly sales.
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