U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Wednesday.
Shares of Teradata Corporation TDC fell sharply in today's pre-market trading after the company missed fourth-quarter revenue estimates and announced its CFO Claire Bramley will leave effective March 31.
Teradata reported quarterly earnings of 53 cents per share which beat the analyst consensus estimate of 43 cents per share. The company reported quarterly sales of $409.00 million which missed the analyst consensus estimate of $414.94 million.
Teradata shares dipped 13.1% to $26.86 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Spire Global, Inc. SPIR shares fell 49.6% to $10.00 in pre-market trading. In a new filing released after the market close on Tuesday, Spire Global announced that it filed a complaint in the Delaware Court of Chancery alleging Kplerfailed to close on the acquisition of Spire's maritime business.
- STAAR Surgical Company STAA shares fell 33.7% to $14.50 in pre-market trading after the company reported worse-than-expected fourth-quarter financial results.
- Similarweb Ltd. SMWB fell 26% to $12.41 in pre-market trading following weak quarterly earnings.
- OneStream, Inc. OS fell 16.7% to $25.15 in pre-market trading following quarterly results.
- BlackLine, Inc. BL dipped 14.8% to $53.99 in pre-market trading after the company reported worse-than-expected fourth-quarter adjusted EPS results and issued FY25 guidance below estimates.
- Lyft, Inc. LYFT shares dipped 12.3% to $12.60 in pre-market trading following fourth-quarter results.
- Allison Transmission Holdings, Inc. ALSN declined 7.2% to $106.00 in pre-market trading after the company issued FY25 revenue guidance below estimates.
- Vertiv Holdings Co VRT declined 6.7% to $114.99 in pre-market trading following quarterly results.
- Zillow Group, Inc. ZG fell 5.8% to $78.98 in pre-market trading after the company reported worse-than-expected fourth-quarter adjusted EPS results and issued first-quarter revenue guidance below estimates..
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