U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Friday.



Shares of Forward Air Corp (NASDAQ:FWRD) fell sharply in pre-market trading after the company reported worse-than-expected first-quarter financial results.



Forward Air reported first-quarter revenue of $582 million, down from $613 million in the prior-year quarter. The company posted a net loss of $40.2 million, compared to a net loss of $61.2 million a year earlier.



Forward Air shares dipped 42.8% to $9.90 in pre-market trading.



Here are some other stocks moving lower in pre-market trading.



<ul>
<li>Kodiak AI Inc (NASDAQ:KDK) fell 33.7% to $6.03 in pre-market trading after the company reported first-quarter financial results. The company announced a $100 million common stock and warrant private placement.</li>



<li>TSS Inc (NASDAQ:TSSI) declined 24.4% to $11.97 in pre-market trading after the company reported first-quarter financial results.</li>



<li>Upwork Inc (NASDAQ:UPWK) tumbled 22.6% to $8.21 in pre-market trading after the company reported mixed first-quarter financial results and cut its FY26 sales guidance below estimates.</li>



<li>HubSpot Inc (NYSE:HUBS) fell 20.8% to $193.04 in pre-market trading after the company reported first-quarter financial results and issued second-quarter sales guidance below estimates.</li>



<li>Organogenesis Holdings Inc (NASDAQ:ORGO) declined 18% to $2.06 in pre-market trading following weak quarterly results.</li>



<li>Cloudflare Inc (NYSE:NET) dipped 16.2% to $215.00 in pre-market trading after the company reported first-quarter financial results and issued second-quarter sales guidance with its midpoint below estimates.</li>



<li>DXC Technology Co (NYSE:DXC) dipped 16.2% to $10.04 in pre-market trading after the company reported mixed fourth-quarter financial results and issued FY27 adjusted EPS guidance below estimates.</li>



<li>Trade Desk Inc (NASDAQ:TTD) fell 15.8% to $19.75 in pre-market trading after the company reported mixed first-quarter financial results and issued second-quarter revenue guidance below estimates.</li>



<li>Eastman Kodak Co (NYSE:KODK) declined 15.4% to $11.97 in pre-market trading following first-quarter results.</li>



<li>Figs Inc (NYSE:FIGS) fell 12% to $13.52 in pre-market trading following first-quarter results.</li>



<li>Lifestance Health Group Inc (NASDAQ:LFST) dipped 9.9% to $7.97 in pre-market trading after announcing pricing of secondary public offering.</li>



<li>SoundHound AI Inc (NASDAQ:SOUN) fell 9.8% to $8.68 in pre-market trading after the company reported mixed first-quarter financial results.</li>



<li>Toast Inc (NYSE:TOST) declined 9.5% to $26.59 in pre-market trading following first-quarter results.</li>



<li>Expedia Group Inc (NASDAQ:EXPE) fell 8.1% to $232.45 in pre-market trading following first-quarter results.</li>



<li>Diodes Inc (NASDAQ:DIOD) declined 7.1% to $104.60 in pre-market trading following first-quarter results.</li>
</ul>



Photo via Shutterstock

FWRD

UPWK

HUBS

Forward Air Corp (FWRD) shares plummeted 42.8% in pre-market trading after reporting disappointing Q1 results, with revenue falling to $582 million from $613 million and a net loss of $40.2 million. Other stocks also declined, including Kodiak AI (-33.7%), Upwork (-22.6%), and HubSpot (-20.8%). Despite U.S. stock futures rising, several companies faced significant drops in their share prices following mixed or weak financial results.

benzinga_article

Forward Air

Kodiak Robotics

Upwork

HubSpot

Dow Jones Industrial Average

Organogenesis

CloudFlare

DXC Tech

Trade Desk

Eastman Kodak

Figs

LifeStance Health

SoundHound AI

Toast

Expedia

Diodes

KODIAK AI INC. C/WTS 25/09/2030(TO PUR COM)

SoundHound AI - CW27

Forward Air Posts Downbeat Q1 Results, Joins Upwork, HubSpot And Other Big Stocks Moving Lower In Friday's Pre-Market Session