U.S. stock futures are on the rise this morning, with the Dow futures gaining over 1%. However, pre-market trading saw losses for several companies, including Steelcase, Progyny, Veea, Eldorado Gold, Instil Bio, American Healthcare REIT, Applied Therapeutics, and Hertz.
Results for: Steelcase
Steelcase Inc. (SCS) saw its stock price drop significantly after reporting its second-quarter financial results. Despite exceeding earnings expectations, the company missed revenue estimates and saw weakness in its international business, primarily driven by the Chinese market.