U.S. stock futures traded higher this morning. Here are some big stocks recording losses in today’s pre-market trading session.
- SentinelOne, Inc. S shares tumbled 36.3% to $13.20 in pre-market after the company reported worse-than-expected first-quarter sales and issued weak second-quarter guidance.
- Elastic N.V. ESTC declined 9.3% to $65.00 in pre-market trading after the company reported fourth-quarter results and issued weak earnings forecast for the first quarter.
- ChargePoint Holdings, Inc. CHPT shares dropped 4% to $9.36 in pre-market trading after the company reported first-quarter results and issued weak sales guidance for the current quarter.
- Ginkgo Bioworks Holdings, Inc. DNA shares fell 3.6% to $1.62 in pre-market trading after gaining over 6% on Thursday.
- Lexicon Pharmaceuticals, Inc. LXRX shares dropped 3.3% to $2.62 in pre-market trading. Lexicon Pharmaceuticals shares dropped around 18% on Thursday after the company announced pricing of a $125 million public offering and concurrent private placement.
- Dell Technologies Inc. DELL shares declined 2.9% to $44.15 in pre-market trading following results for the first quarter.
- Broadcom Inc. AVGO shares dropped 2% to $774.53 in pre-market trading. Broadcom reported upbeat earnings for its second quarter. The company also said it sees third-quarter revenue of approximately $8.85 billion versus estimates of $8.72 billion.
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