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Sherwin-Williams Posts Weak Results, Joins Logitech And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
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Sherwin-Williams Posts Weak Results, Joins Logitech And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Oct 22, 2024 12:14 PM

U.S. stock futures were lower this morning, with the Nasdaq futures falling around 100 points on Tuesday.

Shares of The Sherwin-Williams Company ( SHW ) fell in today's pre-market trading after the company reported third-quarter adjusted EPS and sales below analyst estimates.

Sherwin-Williams ( SHW ) posted adjusted earnings of $3.37 per share, missing market estimates of $3.54 per share. The company posted sales of $6.162 billion, missing market estimates of $6.201 billion.

The Sherwin-Williams ( SHW ) shares dipped 8.3% to $350.01 in pre-market trading.

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

Medpace Holdings, Inc. ( MEDP ) shares dipped 11.3% to $313.00 in pre-market trading after the company reported worse-than-expected third-quarter sales results.

Genuine Parts Company ( GPC ) fell 9.2% to $130.00 in pre-market trading after reporting weak quarterly earnings.

NANO Nuclear Energy Inc ( NNE ). fell 8.3% to $25.10 in pre-market trading after the company announced an offering of 1,398,602 units.

ATN International, Inc. ( ATNI ) shares declined 8.1% to $29.30. ATN International ( ATNI ) will release third quarter results on Tuesday, Oct. 29.

Logitech International S.A. ( LOGI ) shares fell 8.1% to $84.21 following second-quarter results.

UP Fintech Holding Limited fell 6.9% to $6.92 in pre-market trading. UP Fintech announced a proposed follow-on public offering of American Depositary Shares.

Now Read This:

This Analyst With 85% Accuracy Rate Sees Around 11% Upside In Netflix – Here Are 5 Stock Picks For Last Week From Wall Street’s Most Accurate Analysts

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