Benzinga - by Lisa Levin, Benzinga Editor.
U.S. stock futures traded lower this morning on Friday. Here are some big stocks recording losses in today’s pre-market trading session.
- BILL Holdings Inc (NYSE: BILL) shares tumbled 33.6% to $59.44 in pre-market trading after the company reported first-quarter results and lowered its FY24 revenue outlook.
- Fortinet Inc (NASDAQ: FTNT) shares declined 24% to $43.80 in pre-market trading after the company reported mixed third-quarter financial results and issued FY23 revenue guidance below estimates.
- Fox Factory Holding Corp (NASDAQ: FOXF) shares dipped 17.1% to $68.95 in pre-market trading after the company reported downbeat third-quarter results and issued weak fourth-quarter forecast.
- reAlpha Tech Corp (NASDAQ: AIRE) shares declined 8.7% to $9.50 in pre-market trading after dipping more than 40% on Thursday.
- Lumen Technologies Inc (NYSE: LUMN) shares fell 5.7% to $1.00 in pre-market trading. Lumen Technologies recently reported mixed third-quarter results and also announced an agreement with creditors.
- Opendoor Technologies Inc (NASDAQ: OPEN) shares fell 5.5% to $2.08 in pre-market trading following weak third-quarter sales.
- Alpine Immune Sciences Inc (NASDAQ: ALPN) shares declined 4.5% to $14.06 in pre-market trading after jumping 40% on Thursday.
- Zscaler Inc (NASDAQ: ZS) shares fell 4.2% to $152.56 in pre-market trading.
- Palo Alto Networks Inc (NASDAQ: PANW) shares declined 4.1% to $240.03 in pre-market trading.
- Apple Inc (NASDAQ: AAPL) shares fell 3.3% to $171.80 in pre-market trading. Apple reported stronger-than-expected earnings and sales results for its fourth quarter on Thursday. However, the company’s iPhone revenue came in slightly shy of expectations.
- Coinbase Global Inc (NASDAQ: COIN) shares fell 3% to $82.06 in pre-market trading after the company reported third-quarter financial results.
Don’t forget to check out our premarket coverage here
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.