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FINWIRES

Top Premarket Decliners

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CID HoldCo (DAIC) stock was down 45% premarket Wednesday after the company said it received a Nasdaq notice about an additional reason for delisting after CID failed to maintain the required $15 million minimum market value of publicly held shares.

Profusa (PFSA) shares were 35% lower, reversing the 506% rise in the prior session.

Singularity Future Technology (SGLY) stock was down 20%, extending the previous session's 22% fall.

WhiteFiber (WYFI) shares were 22% lower after the company said it priced an upsized $270 million convertible senior notes offering.

Trio Petroleum (TPET) stock was down 18% after the company said it plans to execute a 1-for-9 reverse stock split.

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Update: Mercury Systems Shares Fall After Fiscal Q4 Adjusted Earnings Miss

(Updates with stock price movement in the headline and the first paragraph.)Mercury Systems (MRCY) shares fell 11% during after-hours trading on Tuesday after the company posted lower-than-expected fiscal Q4 adjusted earnings.The company reported fiscal Q4 adjusted earnings late Tuesday of $0.37 per diluted share, down from $0.47 a year earlier.Analysts polled by FactSet expected $0.38.Revenue for the quarter ended July 3 rose to $289.8 million from $273.1 million a year earlier.Analysts expected $266.1 million.

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Mercury Systems Fiscal Q4 Adjusted Earnings Fall, Revenue Rises

Mercury Systems (MRCY) reported fiscal Q4 adjusted earnings late Tuesday of $0.37 per diluted share, down from $0.47 a year earlier.Analysts polled by FactSet expected $0.38.Revenue for the quarter ended July 3 rose to $289.8 million from $273.1 million a year earlier.Analysts expected $266.1 million.

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