National CineMedia Posts Downbeat Q2 Results, Joins Borr Drilling, AbCellera Biologics And Other Big Stocks Moving Lower In Wednesday’s Pre-Market Session
U.S. stock futures higher, Nasdaq 100 up 150 pts. National CineMedia shares down 16.4% on weak Q2 results and Captivate Holdings acquisition. Other stocks also falling in pre-market trading.
National CineMedia had a disappointing quarter, so its stock price dropped. When one company has weak results, it can make investors nervous about the whole market, even though other stocks might do fine.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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