IBM, Nokia, Alaska Air Group And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 200 points on Thursday.

Shares of International Business Machines Corporation IBM fell sharply in today's pre-market trading after the company reported first-quarter financial results.

IBM reported quarterly earnings of $1.60 per share, which beat the analyst consensus estimate of $1.40. Quarterly revenue of $14.54 billion beat the analyst consensus estimate of $14.4 billion.

IBM shares dipped 7.3% to $227.62 in the pre-market trading session.

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

  • TAL Education Group TAL shares dipped 17.8% to $9.02 in pre-market trading after the company announced weaker-than-expected quarterly results.
  • Robert Half Inc. RHI fell 16.6% to $38.70 in pre-market trading after the company reported worse-than-expected quarterly financial results.
  • Acacia Research Corporation ACTG declined 11.1% to $2.65 in pre-market trading.
  • Latham Group, Inc. SWIM dipped 10.3% to $4.98 in today's pre-market trading. Latham Group will release financial results for the first quarter on Tuesday, May 6, after the closing bell.
  • Kaiser Aluminum Corporation KALU fell 8.2% to $54.10 in pre-market trading following weak quarterly sales.
  • Nokia Oyj NOK shares dipped 7.7% to $4.90 in pre-market trading as the company posted weaker-than-expected earnings for its first quarter and confirmed its guidance for the rest of the year.
  • Alaska Air Group, Inc. ALK declined 6.7% to $42.99 in pre-market trading following weaker-than-expected quarterly results.
  • Jack in the Box Inc. JACK declined 4.6% to $24.24 in pre-market trading after the company issued FY25 forecast.
  • Southwest Airlines Co. LUV fell 4% to $24.50 in pre-market trading as the company reported first-quarter financial results after the market close on Wednesday. Southwest Airlines pulled its full-year 2025 and 2026 EBIT guidance, citing "current macroeconomic uncertainty."
  • Peloton Interactive, Inc. PTON fell 3.7% to $5.76 in pre-market trading.

Now Read This:

Photo via Shutterstock

Got Questions? Ask
Which tech stocks might investors avoid now?
Could IBM's dip create a buying opportunity?
How will Nokia's guidance impact its competitors?
Which airline stocks could benefit from Alaska Air Group's struggles?
Are there shorting opportunities in weaker companies?
Which sectors might thrive amid current macroeconomic uncertainty?
How could Robert Half Inc's results affect the staffing industry?
What does weak quarterly sales mean for Kaiser Aluminum?
Which consumer stocks are at risk of imploding like TAL Education?
How can investors capitalize on Southwest Airlines' revised guidance?
Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...