Mission Produce Posts Downbeat Q2 Earnings, Joins Ideaya Biosciences, Perrigo And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 200 points on Tuesday.

Shares of Mission Produce Inc (NASDAQ:AVO) fell sharply in pre-market trading as the company posted downbeat second-quarter results after Monday’s closing bell.

Mission Produce reported quarterly earnings of one cent per share, which missed the analyst consensus estimate of five cents, according to Benzinga Pro data. The company also announced a $100 million buyback plan.

Mission Produce shares dipped 4.2% to $9.69 in pre-market trading.

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

• A Paradise Acquisition Corp (NYSE:ENHA) shares dipped 11.3% to $3.05 in pre-market trading after gaining 40% on Monday.
• Ideaya Biosciences Inc (NASDAQ:IDYA) shares tumbled 10.8% to $28.09 in pre-market trading after the company announced pricing of $300 million offering of common stock and pre-funded warrants.
• Perrigo Company PLC (NYSE:PRGO) fell 8.6% to $10.62 in pre-market trading. Perrigo named Albert A. Manzone as interim president and CEO, effective immediately, succeeding Patrick Lockwood-Taylor. The company also reaffirmed its FY26 guidance.
• Wipro Ltd (NYSE:WIT) fell 7% to $2.03 in pre-market trading after gaining around 4% on Monday.
• LG Display Co Ltd (NYSE:LPL) fell 4.3% to $4.75 in pre-market trading.
• Universal Technical Institute, Inc. (NYSE:UTI) fell 4.2% to $41.18 in pre-market trading.
• Vail Resorts Inc (NYSE:MTN) fell 3.8% to $131.99 in pre-market trading as the company posted worse-than-expected third-quarter results after Monday’s closing bell.
• Braskem SA (NYSE:BAK) slipped 3.1% to $3.42 in pre-market trading.

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