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Ubiquiti, Red Robin And Other Big Stocks Moving Lower In Friday's Pre-Market Session
UbiquitiUbiquiti(US:UI) Benzinga·2024-08-23 12:16

U.S. stock futures were higher this morning, with the Dow futures gaining around 150 points on Friday. Shares of Ubiquiti Inc. UI fell sharply in today's pre-market trading after the company reported worse-thanexpected fourth-quarter sales results. Ubiquiti reported quarterly earnings of $1.74 per share which beat the analyst consensus estimate of $1.73 per share. The company reported quarterly sales of $507.46 million which missed the analyst consensus estimate of $511.62 million. Ubiquiti shares dipped 7. ...