PVH Cuts Earnings Outlook, Joins ChargePoint, BitFuFu And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Benzinga · 06/05 12:08
U.S. stock futures were flat this morning, with the Dow futures gaining around 0.1% on Thursday.
Shares of PVH Corp. (NYSE:PVH) fell sharply in today's pre-market trading following first-quarter results.
PVH posted upbeat earnings for the first quarter, but cut its fiscal 2026 adjusted EPS guidance from a range of $12.40 to $12.75 to a new range of $10.75 to $11, versus the $12.52 analyst estimate.
PVH shares dipped 8.1% to $74.17 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Mullen Automotive, Inc. (NASDAQ:MULN) fell 21.6% to $12.60 in pre-market trading. Mullen Automotive shares jumped 199% on Wednesday after the company announced it entered into securities purchase agreements following its 1-for-100 reverse stock split.
- ChargePoint Holdings, Inc. (NYSE:CHPT) shares tumbled 14% to $0.7620 in pre-market trading after the company reported worse-than-expected first-quarter sales results and issued second-quarter sales guidance below estimates.
- BitFuFu Inc. (NASDAQ:FUFU) dipped 12.8% to $3.1800 in pre-market trading following downbeat quarterly results.
- Chagee Holdings Limited (NASDAQ:CHA) fell 8.1% to $32.25 in today's pre-market trading after jumping 15% on Wednesday.
- Life Time Group Holdings, Inc. (NYSE:LTH) declined 5% to $28.38 in pre-market trading as the company announced the commencement of secondary offering of 20,000,000 shares of common stock.
- TELUS International (Cda) Inc. (NYSE:TIXT) declined 3.6% to $2.95 in pre-market trading.
- Chewy, Inc. (NYSE:CHWY) slipped 2.5% to $46.09 in pre-market trading.
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