U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Thursday.
Shares of Snap Inc (NYSE:SNAP) fell sharply in pre-market trading after the company reported first-quarter results.
Snap reported quarterly losses of five cents per share, which beat the consensus estimate for losses of seven cents, according to Benzinga Pro data. Quarterly revenue came in at $1.529 billion, which just beat the Street estimate of $1.528 billion by 0.07%.
Snap shares dipped 10.5% to $5.47 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Fastly Inc (NASDAQ:FSLY) declined 21.6% to $24.75 in pre-market trading after the company reported first-quarter financial results.
- ADMA Biologics Inc (NASDAQ:ADMA) tumbled 20.4% to $8.02 in pre-market trading after the company reported worse-than-expected first-quarter financial results and issued FY26 sales guidance below estimates.
- Stem Inc (NYSE:STEM) shares dipped 19.8% to $8.77 in pre-market trading after the company reported worse-than-expected quarterly sales results.
- Pharming Group NV – ADR (NASDAQ:PHAR) dipped 17.2% to $13.58 in pre-market trading following weak quarterly results.
- Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) dipped 16.7% to $41.10 in pre-market trading after reporting third-quarter results.
- Whirlpool Corp (NYSE:WHR) fell 16.5% to $45.70 in pre-market trading following first-quarter results.
- Nerdwallet Inc (NASDAQ:NRDS) declined 12% to $9.86 in pre-market trading after the company reported mixed quarterly financial results.
- Beyond Meat Inc (NASDAQ:BYND) fell 10.6% to $0.93 in pre-market trading as the company reported in-line loss for the first quarter and guided for second-quarter revenue below the analyst estimate.
- Amplitude Inc (NASDAQ:AMPL) declined 9.5% to $6.80 in pre-market trading after the company reported mixed first-quarter financial results and issued second-quarter adjusted EPS guidance below estimates. Also, the company cut its FY26 adjusted EPS guidance below estimates.
- MannKind Corp (NASDAQ:MNKD) declined 8.7% to $3.25 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
- Niagen Bioscience Inc (NASDAQ:NAGE) dipped 8.2% to $4.56 in pre-market trading following quarterly results.
- Alto Ingredients Inc (NASDAQ:ALTO) declined 8.2% to $5.10 in pre-market trading following first-quarter results.
- Redwire Corp (NYSE:RDW) fell 7.7% to $8.89 in pre-market trading after the company reported worse-than-expected quarterly financial results.
- Arm Holdings PLC – ADR (NASDAQ:ARM) fell 6.3% to $222.26 in pre-market trading following fourth-quarter earnings.
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