Microsoft, Snap, Texas Instruments And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures traded lower this morning on Wednesday. Here are some big stocks recording losses in today’s pre-market trading session.

• Snap Inc. SNAP shares tumbled 18.6% to $10.18 in pre-market trading after the company reported third-quarter results.
• Aurora Acquisition Corp. AURC shares dipped 15.3% to $28.40 in pre-market trading after jumping over 220% on Tuesday.
• Tupperware Brands Corporation TUP declined 9% to $1.21 in pre-market trading after declining around 16% on Tuesday.
• POSCO Holdings Inc. PKX shares slipped 5.7% to $124.41 in pre-market trading after gaining around 12% on Tuesday.
• Vir Biotechnology, Inc. VIR shares fell 4.7% to $13.33 in pre-market trading. Vir Biotechnology recently released data from the Phase 2 PENINSULA evaluating VIR-2482 to prevent symptomatic influenza A illness.
• Waste Management, Inc. WM shares slipped 4.5% to $164.05 in pre-market trading after the company posted downbeat second-quarter results.
• Markforged Holding Corporation MKFG shares fell 4.5% to $1.91 in pre-market trading. Markforged is expected to release its financial results for the second quarter on Aug. 10, 2023.
• Orange S.A. ORAN shares fell 3.9% to $11.45 in pre-market trading following results for the second quarter.
• Texas Instruments Incorporated TXN shares declined 3.8% to $179.00 in pre-market trading after the company issued third-quarter EPS guidance with a midpoint below estimates.
• Microsoft Corporation MSFT shares declined 3.7% to $338.13 in pre-market trading. Microsoft reported better-than-expected earnings and sales results for its fourth quarter, but issued weak sales outlook for the current quarter.

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