AST SpaceMobile Posts Downbeat Q1 Results, Joins Hims & Hers Health, Gitlab And Other Big Stocks Moving Lower In Tuesday’s Pre-Market Session

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

Shares of AST SpaceMobile Inc (NASDAQ:ASTS) fell sharply in pre-market trading after the company reported worse-than-expected quarterly financial results.

AST SpaceMobile reported quarterly losses of 66 cents per share, which missed the consensus estimate for losses of 23 cents per share. Quarterly revenue of $14.74 million fell short of the $37.63 million Street estimate, according to Benzinga Pro data.

AST SpaceMobile shares dipped 11% to $73.45 in pre-market trading.

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

  • Microvast Holdings Inc (NASDAQ:MVST) fell 34.2% to $1.33 in pre-market trading after the company reported worse-than-expected …

Full story available on Benzinga.com

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