Oxford Industries Reports Weak Results, Joins Viper Energy And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Group 1: Oxford Industries, Inc. - Oxford Industries reported quarterly earnings of $2.77 per share, missing the analyst consensus estimate of $3.00 per share [2] - Quarterly sales were $419.886 million, which also fell short of the analyst consensus estimate of $438.176 million [2] - The company projects FY24 net sales between $1.51 billion and $1.54 billion, with adjusted earnings expected to be between $7 and $7.30 per share [2] Group 2: Market Reactions - Oxford Industries shares declined 10.3% to $75.02 in pre-market trading following the earnings report [1] - GameStop shares dipped 10.5% to $20.98 in pre-market trading [2] - BeiGene, Ltd. shares fell 6.8% to $196.80 in pre-market trading after a previous gain of around 7% [3] - XCHG Limited shares declined 6.4% to $8.33 in pre-market trading after a jump of around 20% [3] - Viper Energy, Inc. shares declined 5.5% to $42.66 in pre-market trading after pricing a public offering of 10 million Class A common shares at $42.50 per share [3] - Torrid Holdings Inc. shares fell 4.3% to $4.70 in pre-market trading after a significant drop of over 26% on Wednesday due to a secondary offering announcement [3] - Other companies like Akero Therapeutics, Inc. and Dogness (International) Corporation also experienced declines in pre-market trading [3]