Delta Air Lines Lowers Q1 Outlook, Joins Asana, Redwire And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Author: Avi Kapoor | March 11, 2025 07:28am

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

Shares of Delta Air Lines, Inc. (NYSE:DAL) fell sharply in today's pre-market trading after the company cut its first-quarter revenue and profit guidance.

Delta said it now expects to deliver total revenue growth for the March quarter of 3% to 4% year-over-year, down from earlier forecasts of 7% to 9% growth. The airline also reduced its expected EPS to between 30 cents and 50 cents per share, down from previous guidance of 70 cents to $1 per share.

Delta Air Lines shares dipped 11% to $44.79 in the pre-market trading session.

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

NET Power Inc. (NYSE:NPWR) shares fell 35.4% to $3.07 in pre-market trading. NET Power shares dipped around 31% on Monday after the company reported a year-over-year decrease in fourth-quarter EPS results.
Asana, Inc. (NYSE:ASAN) dipped 27.4% to $12.11 in pre-market trading after the company reported fourth-quarter financial results announced the departure of CEO Dustin Moskovitz.
LZ Technology Holdings Limited (NASDAQ:LZMH) fell 16.5% to $13.07 in pre-market trading after jumping 30% on Monday.
Redwire Corporation (NYSE:RDW) fell 15.7% to $9.49 in today's pre-market trading after the company reported worse-than-expected quarterly financial results.
ReNew Energy Global Plc (NASDAQ:RNW) shares dipped 6.4% to $5.45 in pre-market trading.
United Airlines Holdings, Inc. (NASDAQ:UAL) fell 6.3% to $72.70 in pre-market trading.
Ferguson Enterprises Inc. (NYSE:FERG) slipped 5.2% to $156.95 in pre-market trading following weak quarterly earnings.
Select Medical Holdings Corporation (NYSE:SEM) fell 2.2% to $17.03 in pre-market trading.