Lovesac, Avidity Biosciences, Veritone And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Group 1: Lovesac Co Performance - Lovesac reported quarterly losses of 45 cents per share, which was better than the analyst consensus estimate of losses of 71 cents per share [1] - The company achieved quarterly sales of $160.530 million, surpassing the analyst consensus estimate of $160.229 million [1] - Following the earnings report, Lovesac slashed its FY2026 GAAP EPS guidance from a range of $0.80-$1.36 to $0.52-$1.05, leading to a 13% drop in shares to $18.05 in pre-market trading [2] Group 2: Other Stocks Performance - Avidity Biosciences, Inc. saw a decline of 20.1% to $37.08 after announcing a $500 million offering of common stock [4] - Veritone, Inc. fell 18.7% to $2.96 due to the pricing of a $25 million public offering [4] - Lesaka Technologies Inc experienced a 15.8% drop to $3.98 following its fourth-quarter results [4] - Murano Global Investments Plc dipped 14.8% to $3.50 after a previous decline of 18% [4] - QMMM Holdings Ltd fell 13.2% to $95.01 after a significant drop of 47% on Wednesday [4] - CI&T Inc. decreased by 9.8% to $4.53 after a 3% decline on Wednesday [4] - Enovix Corp dropped 7.1% to $8.50 after announcing a $300 million convertible notes offering [4] - KT Corp fell 4% to $18.95 in pre-market trading [4]