Starbucks Posts Weak Earnings, Joins Super Micro Computer, Snap And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Wednesday.

Shares of Starbucks Corporation SBUX fell sharply in today's pre-market trading as the company reported weaker-than-expected second-quarter financial results.

The coffee giant reported second-quarter adjusted earnings of 41 cents per share, missing analyst estimates of 50 cents per share.

Starbucks shares dipped 6.5% to $79.33 in the pre-market trading session.

Start Futures Trading Fast — with a $200 Bonus

Join Plus500 today and get up to $200 to start trading real futures. Practice with free paper trading, then jump into live markets with lightning-fast execution, low commissions, and full regulatory protection.

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

InnovAge Holding Corp. INNV shares dipped 17.4% to $2.52 in pre-market trading. InnovAge will announce fiscal third quarter 2025 financial results and host conference call Tuesday, May 6.
Tenable Holdings, Inc. TENB shares fell 17% to $27.95 in pre-market trading after the company cut its FY25 sales guidance.
Super Micro Computer, Inc. SMCI declined 15.1% to $30.57 in pre-market trading after the company lowered its preliminary guidance.
Snap Inc. SNAP dipped 13.5% to $7.87 in pre-market trading as the company reported first-quarter financial results and announced it will not provide second-quarter guidance.
Wabash National Corporation WNC fell 13.3% to $8.64 in pre-market trading following weaker-than-expected quarterly results.
First Solar, Inc. FSLR dipped 13.1% to $119.25 in pre-market trading after the company reported worse-than-expected first-quarter EPS results and cut its FY25 guidance.
Unum Group UNM tumbled 9.1% to $72.00 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
Vicor Corporation VICR fell 7.3% to $48.12 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
Garmin Ltd. GRMN declined 5.4% to $193.00 in pre-market trading after posting weak earnings.
Bausch + Lomb Corporation BLCO fell 5.3% to $12.99 in pre-market trading following downbeat first-quarter results.