MillerKnoll Reports Weak Sales, Joins Chemours, Rumble, Other Big Stocks Down in Thursday’s Premarket Session – Chemours (NYSE:CC), MillerKnoll (NASDAQ:MLKN), Rumble (NASDAQ:RUM)

U.S. stock futures were mixed this morning, with Dow futures gaining about 10 points on Thursday.

Shares of MillerKnoll, Inc. MLKN They fell sharply in premarket trading today as the company reported lower sales for the third quarter and issued weak guidance for the fourth quarter.

MillerKnoll reported quarterly adjusted earnings of 45 cents per share, compared to market estimates of 44 cents per share. According to data from Benzinga Pro, the company’s quarterly sales came in at $872.3 billion, missing expectations of $909.5 billion.

MillerKnoll shares fell 17.4% to $25.19 in premarket trading.

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

• GCT Semiconductor Holding Inc, GCTS shares fell 21.2% to $34.68 in premarket trading amid volatility following the company’s recently completed corporate merger with Concord Acquisition Corp III and debut on the NYSE.
• The Chemours Company CC shares fell 10% to $26.00 in premarket trading after the company reported fourth-quarter results. The company also disclosed substantial weaknesses and a remediation plan.
• The E.W. Scripps Company SSP shares fell 5.3% to $3.75 in premarket trading. Fox Factory Holding will replace EW Scripps in the S&P SmallCap 600, effective before the open of trading on April 3.
• A better holding for home and finance BETTER shares fell 5% to $0.5169 in premarket trading, after gaining about 5% on Wednesday.
• Reddit, Inc. RDDT shares fell 4.7% to $55.04 in premarket trading, after falling 11% on Wednesday. Ross Gerber, president and CEO of Gerber Kawasaki Wealth and Investment Management, raised questions about Reddit’s advertising model.
• Rumble Inc. RUM shares fell 4.2% to $8.14 in premarket trading following declining quarterly sales.
• Petco Health and Wellness Company, Inc. PLOT shares fell 3.7% to $2.11 in premarket trading after rising more than 16% on Wednesday.

Now read this: Investor optimism improves; The S&P 500 stabilizes at a new record

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