Absci Posts Downbeat Results, Joins HealthEquity, Tonix Pharmaceuticals And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 19 2025
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Source: Benzinga
U.S. Stock Market Update: U.S. stock futures rose this morning, with Dow futures up about 0.2%, while several companies, including Absci Corporation and Regencell Bioscience Holdings, saw significant declines in their pre-market trading due to disappointing financial results.
Notable Stock Movements: Absci's shares fell 9.4% after reporting losses that missed analyst expectations, alongside other stocks like HealthEquity and Turkcell experiencing notable drops of 14.7% and 14.8%, respectively, following poor earnings reports.
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About RHLD
Resolute Holdings Management, Inc. is an alternative asset management platform that provides operating management services including the oversight of capital allocation strategy, operational practices, and M&A sourcing and execution at CompoSecure, Inc. (CompoSecure) and other managed businesses in the future. The Company brings a differentiated approach to long-term value creation through the systematic deployment of the Resolute Operating System, which creates value at both the underlying managed businesses and at Resolute Holdings. It provides operating management services to CompoSecure Holdings L.L.C. (CompoSecure Holdings), which is a direct, wholly owned subsidiary of CompoSecure and other companies it may manage in the future. The Company intends to earn management fees from CompoSecure Holdings, pursuant to a long-term management contract with CompoSecure Holdings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
