Benzinga’s Top Pre-Market NASDAQ Losers (CSCO, NLST, ASML, LTXC)
Posted in: Earnings, News, Guidance, Short Ideas, Pre-Market Outlook, Intraday Update, Markets, Trading Ideas
Cisco Systems Inc (NASDAQ: CSCO) dipped 7.50% to $21.95 in the pre-market session. CSCO had posted Q4 revenue below expectations, apart from issuing weaker-than-expected revenue projections for the first quarter.
Netlist Inc (NASDAQ: NLST) lost 4.92% to $2.90 in the pre-market session. NLST has narrowed its Q2 loss on year-over-year basis, apart from posting a 193% y/y rise in its Q2 revenue.
ASML Holding NV (NASDAQ: ASML) fell 2.40% to $28.15 in the pre-market session. ASML was also in the list of top pre-market losers yesterday.
LTX-Credence Corporation (NASDAQ: LTXC) slipped 1.83% to $2.15 in pre-market trading. LTXC is presently trading below its 20-day, 50-day and 200-day moving averages.
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