Snap, Seagate And Some Other Big Stocks Moving Lower In Today's Pre-Market Session

Snap, Seagate And Some Other Big Stocks Moving Lower In Today's Pre-Market Session
  • Snap Inc. SNAP fell 28.4% to $11.70 in pre-market trading after the company reported worse-than-expected Q2 results, announced a reduction in the hiring rate and did not provide guidance.
  • Intuitive Surgical, Inc. ISRG shares fell 11.9% to $198.00 in pre-market trading after the company reported second-quarter revenue growth of 4% year-over-year to $1.52 billion, +6% on a constant currency basis, missing the consensus of $1.56 billion.
  • SVB Financial Group SIVB fell 11.7% to $385.00 in pre-market trading after reporting weaker-than-expected Q2 earnings.
  • Seagate Technology Holdings plc STX fell 7.7% to $77.21 in pre-market trading after the company reported worse-than-expected Q4 results and issued weak Q1 guidance.
  • Western Digital Corporation WDC shares fell 6.7% to $47.00 in pre-market trading in sympathy with Seagate, which reported worse-than-expected Q4 results and issued weak Q1 guidance.
  • Pinterest, Inc. PINS fell 6.3% to $19.61 in pre-market trading in sympathy with social media peer Snap, which reported worse-than-expected financial results.
  • The Trade Desk, Inc. TTD fell 5.8% to $47.99 in pre-market trading.
  • Digital Turbine, Inc. APPS fell 5.7% to $20.14 in pre-market trading.
  • Meta Platforms, Inc. META fell 4.7% to $174.52 in pre-market trading. Shares of social media companies traded lower in sympathy with Snap, which reported worse-than-expected Q2 results.
  • Main Street Capital Corporation MAIN fell 4.1% to $41.22 in pre-market trading.

Also check this out: U.S. Stock Futures Lower; Tesla Posts Upbeat Q2 Earnings .

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