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Benzinga

Kosmos Energy Posts Downbeat Q3 Results, Joins Once Upon A Farm And Other Big Stocks Moving Lower In Mond

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Kosmos Energy Posts Downbeat Q3 Results, Joins Once Upon A Farm And Other Big Stocks Moving Lower In Mond
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Kosmos Energy shares dropped sharply in pre-market trading after the company reported weaker-than-expected third-quarter results. Kosmos posted earnings of 6 cents per share, missing the analyst consensus of 12 cents. Revenue came in at $409.880 million versus the expected $455.349 million. In pre-market activity, the stock fell 13.6% to $2.47. The broader pre-market movers list included Precigen, down 20.6% to $5.51; SVRN, down 13.7% after receiving a Nasdaq delisting notice; and Once Upon a Farm (OFRM) down 6.8% to $14.00 ahead of a CEO update call on Nov. 2 discussing its Oct. 30 voluntary recall.

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