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U.S. stock futures were higher this morning, with the Dow futures gaining around 1% on Wednesday.

Shares of Absci Corp (NASDAQ:ABSI) fell sharply in pre-market trading after the company reported worse-than-expected quarterly sales results.

Absci reported quarterly losses of 20 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $650.000 thousand which missed the analyst consensus estimate of $1.100 million.

Absci shares dipped 11% to $2.68 in pre-market trading.

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

• DigitalOcean Holdings Inc (NYSE:DOCN) declined 7.4% to $78.63 in pre-market trading after the company announced a $700 million offering.
• Intrepid Potash Inc (NYSE:IPI) fell 4.8% to $39.82 in pre-market trading after gaining around 8% on Tuesday.
• Pacira Biosciences Inc (NASDAQ:PCRX) declined 4.7% to $22.11 in pre-market trading.
• Velo3D Inc (NASDAQ:VELO) fell 4.4% to $12.93 in pre-market trading following quarterly results.
• Sasol Ltd (NYSE:SSL) fell 4.1% to $12.25 in pre-market trading.
• CF Industries Holdings, Inc. (NYSE:CF) fell 3.8% to $122.02 in pre-market trading.
• Venture Global Inc (NASDAQ:VG) declined 3.2% to $16.07 in pre-market trading after gaining 5% on Tuesday.

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