Applied Materials Reports Q1 Results, Joins Oklo, AST SpaceMobile And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling more than 200 points on Friday.

Shares of Applied Materials, Inc. AMAT fell sharply in today's pre-market trading following first-quarter results.

Applied Materials reported quarterly earnings of $2.32 per share, which beat the analyst consensus estimate of $2.19. Quarterly revenue clocked in at $7.05 billion, which beat the analyst consensus estimate of $6.95 billion and is an increase over sales of $6.72 billion from the same period last year.

Applied Materials shares declined 7.3% to $172.55 in the pre-market trading session.

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

• Quantum Computing Inc. QUBT shares fell 25.5% to $3.28 in pre-market trading after the company reported a registered direct offering of $40 million priced at-the-market under Nasdaq rules.
• AST SpaceMobile, Inc. ASTS fell 13.8% to $23.10 in pre-market trading after the company reported worse-than-expected quarterly financial results.
• Koppers Holdings Inc. KOP fell 12.1% to $33.00 in pre-market trading.
• Oklo Inc. OKLO fell 7.8% to $22.00 in pre-market trading following third-quarter results.
• Intuitive Machines, Inc. LUNR fell 5.4% to $9.68 in pre-market trading. The company reported third-quarter results on Thursday.
• Ulta Beauty, Inc. ULTA fell 4.9% to $364.01 in pre-market trading.
• SolarEdge Technologies, Inc. SEDG fell 4.6% to $12.24 in pre-market trading.
• Centerspace CSR fell 4% to $69.50 in pre-market trading.

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