Thursday morning started on a rough note for U.S. markets, with Dow futures down about 100 points and several notable names taking hits before the opening bell.
Leading the decliners was H.B. Fuller Company (FUL), which fell sharply after releasing its fourth-quarter results. The adhesives manufacturer posted earnings of $1.28 per share, topping analyst expectations of $1.23. But here's the catch: revenue came in at $894.8 million, missing the $902.5 million consensus estimate. Sometimes beating on earnings isn't enough when the top line disappoints, and investors sent H.B. Fuller down 3.7% to $62.32 in pre-market action.
The selling wasn't limited to one stock. Here's a rundown of other notable names heading lower before the bell:
TryHard Holdings Ltd (THH) slid 11.8% to $28.20 after signing a Memorandum of Cooperation for the Japanese market "Star Party."
Caledonia Mining Corporation PLC (CMCL) took a substantial hit, tumbling 9.9% to $29.20. The mining company announced pricing for an upsized $125 million offering of 5.875% convertible senior notes due 2033, which evidently didn't sit well with shareholders.
Buckle Inc (BKE) dropped 7.4% to $51.30, while NovaBay Pharmaceuticals Inc (NBY) declined 5.6% to $12.02.
Trip.com Group Ltd (TCOM) continued its rough week, dipping another 4.1% to $60.20. This comes after the stock plunged 17% on Wednesday following news that China's SAMR is investigating the company for potential anti-monopoly violations.
Other decliners included Diversified Healthcare Trust (DHC), down 4% to $5.14, Absci Corp (ABSI), falling 3.3% to $3.24, and Iperionx Ltd (IPX), also down 3.3% to $47.99.
Rounding out the list were GeoPark Ltd (GPRK), which fell 2.7% to $7.55, and Esperion Therapeutics Inc (ESPR), declining 2% to $3.17.




