U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Tuesday.
Shares of ZoomInfo Technologies Inc. ZI shares declined 15.2% to $8.31 in pre-market trading after the company reported worse-than-expected financial results for the second quarter and announced a management transition.
The company announced that CFO Cameron Hyzer will step down from his role. Hyzer will remain in an advisory capacity until Oct. 7 to help facilitate a smooth transition. Graham O’Brien has been named interim CFO, effective Sept. 6.
ZoomInfo Technologies shares dipped 15.2% to $8.31 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
- Chegg Inc CHGG shares declined 18.7% to $2.38 in pre-market trading following second-quarter results.
- Helport AI HPAI shares fell 15.2% to $7.15 in pre-market trading after declining 24% on Monday.
- Sumitomo Mitsui Financial Group, Inc. SMFG fell 10.5% to $10.80 in pre-market trading after declining around 4% on Monday.
- Teradata Corporation TDC shares declined 8% to $26.83 in pre-market trading following weak quarterly sales.
- Mizuho Financial Group, Inc. MFG fell 7% to $3.57 in pre-market trading after declining over 5% on Monday.
- Mitsubishi UFJ Financial Group, Inc. MUFG shares declined 5.6% to $8.96 in pre-market trading.
- Cerus Corp CERS fell 4.5% to $2.12 in pre-market trading following a 5% decline on Monday.
- Sea Limited SE shares slipped 3.6% to $57.78. Sea will announce its second quarter results before the opening bell on Aug. 13.
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