Mattel, Meta, Align Technology And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

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

• Align Technology, Inc. ALGN shares tumbled 25.3% to $189.50 in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued guidance.
• MaxLinear, Inc. MXL shares dipped 21.2% to $14.50 in pre-market trading after reporting downbeat results for the third quarter. Roth MKM downgraded MaxLinear from Buy to Neutral and lowered the price target from $35 to $18.
• Mattel, Inc. MAT shares declined 10.2% to $18.05 in pre-market trading after reporting third-quarter results.
• Pure Storage, Inc. PSTG shares declined 6.9% to $30.91 in pre-market trading.
• Gogoro Inc. GGR shares fell 6.3% to $2.68 in pre-market trading after gaining 10% on Wednesday.
• Arista Networks, Inc. ANET shares fell 5.4% to $176.05 in pre-market trading.
• DraftKings Inc. DKNG shares declined 4.9% to $26.00 in pre-market trading.
• Lithium Americas (Argentina) Corp. LAAC shares fell 4.9% to $5.82 in pre-market trading after declining 4% on Wednesday.
• Meta Platforms, Inc. META shares declined 3.3% to $289.65 in pre-market trading. Meta reported better-than-expected results for its third quarter. The company said it sees fourth-quarter revenue coming in a range of $36.5 billion to $40 billion.
• Tesla, Inc. TSLA shares fell 2.7% to $206.73 in pre-market trading. Tesla recently reported third-quarter financial results that came in below estimates from analysts.

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