U.S. stock futures were mixed this morning, with the Nasdaq futures falling around 1% on Tuesday.
Shares of Rambus Inc (NASDAQ:RMBS) fell sharply in pre-market trading as the company reported mixed first-quarter results after Monday's closing bell.
Rambus reported quarterly earnings of 63 cents per share, which missed the consensus estimate of 64 cents. Quarterly revenue came in at $180.19 million, which beat the Street estimate of $177.93 million, according to Benzinga Pro data.
Rambus shares dipped 15.1% to $120.03 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Vistance Networks Inc (NASDAQ:VISN) shares dipped 49.9% to $9.79 in pre-market trading.
- Erasca Inc (NASDAQ:ERAS) fell 37% to $12.07 in pre-market trading after the company announced preliminary Phase 1 dose escalation data for its potentially best-in-class, pan-RAS molecular glue ERAS-0015 in patients with RAS-mutant solid tumors.
- Greenland Energy Co (NASDAQ:GLND) fell 23.8% to $4.13 in pre-market trading as the company announced pricing of $70 million public offering.
- High-Trend International Group (NASDAQ:HTCO) dipped 18.1% to $31.31 in pre-market trading after gaining 240% on Monday.
- Guardian Metal Resources (NASDAQ:GMTL) dipped 13.1% to $17.89 in pre-market trading.
- Robinhood Ventures Fund I (NYSE:RVI) declined 11.3% to $31.67 in pre-market trading.
- Spotify Technology SA (NYSE:SPOT) dipped 11.3% to $439.87 in pre-market trading after the company reported mixed first-quarter financial results and issued second-quarter sales guidance below estimates.
- Amkor Technology Inc (NASDAQ:AMKR) fell 10.5% to $67.66 in pre-market trading following first-quarter results.
- Corning Inc (NYSE:GLW) declined 10.4% to $150.47 in pre-market trading after the company reported first-quarter financial results and issued second-quarter sales guidance below estimates
- Celestica Inc (NYSE:CLS) dipped 10% to $380.00 in pre-market trading after reporting first-quarter results.
- Sportradar Group AG (NASDAQ:SRAD) fell 8.8% to $12.70 in pre-market trading following weak quarterly results.
- Astera Labs, Inc (NASDAQ:ALAB) declined 8.6% to $179.70 in pre-market trading.
- Vishay Intertechnology Inc (NYSE:VSH) fell 7.7% to $25.61 in pre-market trading.
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