PayPal, Estée Lauder, UBS And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Comments
Loading...

U.S. stock futures were mostly lower this morning, with the Dow futures falling around 100 points on Tuesday.

Shares of PayPal Holdings, Inc. PYPL fell sharply in today's pre-market trading following fourth-quarter earnings.

PayPal reported quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $1.12 per share. The company reported quarterly sales of $8.366 billion which beat the analyst consensus estimate of $8.256 billion.

PayPal's board also authorized a $15 billion stock repurchase program.

PayPal shares fell 6.8% to $83.38 in the pre-market trading session.

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

  • Merck & Co., Inc. MRK fell 8.4% to $91.42 in pre-market trading after the company issued 2025 sales guidance below analyst estimates.
  • The Estée Lauder Companies Inc. EL shares fell 7.1% to $76.88 in pre-market trading after the company issued weak third-quarter guidance.
  • Fabrinet FN fell 6.9% to $209.97 in pre-market trading after the company reported second-quarter financial results..
  • UBS Group AG UBS fell 6.1% to $32.81 in pre-market trading. UBS Group reported stronger-than-expected earnings for its fourth quarter and disclosed a share buyback program of up to $3 billion.
  • Ponce Financial Group, Inc. PDLB declined 5.3% to $12.61 in pre-market trading.
  • Illumina, Inc. ILMN shares dipped 5.2% to $124.31 in pre-market trading after the Chinese Ministry of Commerce added the company, along with Calvin Klein owner PVH Corp. PVH to the unreliable entities list amid the ongoing trade war with the U.S.
  • Oruka Therapeutics, Inc. ORKA fell 4.7% to $13.05 in pre-market trading.

Now Read This:

Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!