U.S. stock futures were mostly lower this morning, with the Nasdaq 100 futures falling around 0.3% on Friday.

Shares of Marvell Technology Inc (NASDAQ:MRVL) fell sharply in pre-market trading following financial results for the second quarter.

Marvell posted second-quarter revenue of $2.74 billion, beating the consensus estimate of $2.71 billion. The chip designer reported adjusted earnings of 94 cents per share for the period, beating estimates of 92 cents per share, according to Benzinga Pro.

Marvell Technology shares dipped 7.6% to $223.00 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

• Vistance Networks Inc (NASDAQ:VISN) shares dipped 41.5% to $6.80 in pre-market trading. Vistance Networks recently authorized additional $150 million buyback plan
• PayPal Holdings Inc (NASDAQ:PYPL) fell 14% to $52.91 in pre-market trading following reports that a consortium led by Stripe and Advent International has abandoned its $53 billion takeover pursuit.
• Metals Royalty Company Inc (NASDAQ:TMCR) declined 12.3% to $5.51 in pre-market trading.
• Design Therapeutics Inc (NASDAQ:DSGN) dipped 9.9% to $13.74 in pre-market trading.
• SharonAI Holdings Inc (NASDAQ:SHAZ) declined 8% to $54.51 in pre-market trading. Sharon AI Holdings, on Thursday, announced appointment of David Burns as COO.

• Rubrik Inc (NYSE:RBRK) fell 7.5% to $98.99 in pre-market trading following second-quarter results.
• NACCO Industries Inc (NYSE:NC) fell 7.3% to $40.00 in pre-market trading.
• IREN Ltd (NASDAQ:IREN) fell 6.2% to $38.00 in pre-market trading following downbeat quarterly results.
• Clinuvel Pharmaceuticals Ltd (NASDAQ:CUVL) fell 5.5% to $6.40 in pre-market trading. Clinuvel Pharmaceuticals shares dipped 11% on Thursday after the company reported weak FY26 financial results.
• MINISO Group Holding Ltd – ADR (NYSE:MNSO) fell 4.7% to $10.30 in pre-market trading following weak quarterly results.

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