Cerebras Systems, Securitize, Stubhub Holdings And Other Big Stocks Moving Lower In Thursday’s Pre-Market

U.S. stock futures were mostly higher this morning, with the Dow futures gaining more than 100 points on Thursday.

Shares of Cerebras Systems Inc (NASDAQ:CBRS) fell sharply in pre-market trading after the company reported worse-than-expected quarterly sales.

Cerebras Systems reported GAAP quarterly losses of $2.98 per share, according to Benzinga Pro data.

Quarterly revenue came in at $180.11 million which missed the Street estimate of $194.2 million by 7.26%.

Cerebras Systems shares dipped 17.4% to $216.00 in pre-market trading.