Vail Resorts Posts Downbeat Q3 Results, Joins Concrete Pumping, DocuSign And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Benzinga – by Avi Kapoor, Benzinga Staff Writer.

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Friday.

Shares of Vail Resorts, Inc. (NYSE:MTN) fell sharply in today’s pre-market trading after the company reported weaker-than-expected results for its third quarter.

The company posted quarterly earnings of $9.54 per share, missing market estimates of $10.03 per share. The company’s sales came in at $1.28 billion versus expectations of $1.30 billion, according to data from Benzinga Pro.

Vail Resorts shares declined 6.8% to $180.77 in pre-market trading.

Here are some big stocks recording losses in today’s pre-market trading session.

Biomea Fusion, Inc. (NASDAQ:BMEA) shares tumbled 59.2% to $4.60 in pre-market trading after the company received notice from the FDA that Its trials of BMF-219 have been placed on clinical hold.
Latam Logistic Properties, S.A. (NYSE:LPA) shares fell 16% to $39.60 in pre-market trading after jumping 49% on Thursday.
Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) shares dipped 13% to $6.55 in pre-market trading after posting weaker-than-expected second-quarter results.
FibroBiologics, Inc. (NASDAQ:FBLG) shares fell 8.1% to $9.48 in pre-market trading. FibroBiologics shares jumped around 54% on Thursday after the company in a FormRW disclosed that its Registration Statement has not been declared effective by the SEC and no securities have been issued or sold under the Registration Statement.
Eastern Bankshares, Inc. (NASDAQ:EBC) shares fell 7.7% to $12.25 in pre-market trading.
DocuSign, Inc. (NASDAQ:DOCU) shares declined 7.1% to $50.70 in pre-market trading. DocuSign reported better-than-expected earnings for its first quarter and the company’s board also authorized a $1 billion increase to its existing stock repurchase program. The company said it sees second-quarter billings in the range of $715 million to $725 million.
Samsara Inc. (NYSE:IOT) shares declined 6.2% to $32.69 in pre-market trading after the company reported first-quarter earnings.
Fitell Corporation (NASDAQ:FTEL) shares fell 5.3% to $15.14 in pre-market trading.
Replimune Group, Inc. (NASDAQ:REPL) shares fell 5.2% to $6.74 in pre-market trading. Replimune Group shares jumped around 28% on Thursday after the company announced the topline results from the primary analysis of the IGNYTE clinical trial of RP1 plus nivolumab in anti-PD1 failed melanoma.