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Robinhood, eBay, Upstart And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Published 08/11/2023, 10:58
Updated 08/11/2023, 12:10
© Reuters Robinhood, eBay, Upstart And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Benzinga - by Lisa Levin, Benzinga Editor.

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

  • Sleep Number Corporation (NASDAQ: SNBR) shares dipped 31.4% to $11.00 in pre-market trading after the company reported third-quarter financial results.
  • Nerdy, Inc. (NYSE: NRDY) shares tumbled 27.7% to $2.24 in pre-market trading after the company issued weak revenue forecast.
  • Upstart Holdings, Inc. (NASDAQ: UPST) shares declined 22.7% to $22.75 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
  • Toast, Inc. (NYSE: TOST) shares dipped 18.7% to $14.03 in pre-market trading after the company reported third-quarter financial results.
  • Magic Software Enterprises Ltd. (NASDAQ: MGIC) shares fell 18.4% to $8.59 in pre-market trading.
  • Flywire Corporation (NASDAQ: FLYW) declined 17.3% to $22.88 in pre-market trading after the company reported third-quarter financial results.
  • Spirit AeroSystems Holdings, Inc. (NYSE: SPR) fell 14.3% to $21.10 in pre-market trading as the company reported a proposed public offering of Class A common stock. The company also announced a proposed private offering of exchangeable senior notes.
  • Array Technologies, Inc. (NASDAQ: ARRY) declined 11.7% to $16.08 in pre-market trading following weak quarterly sales.
  • Masimo Corporation (NASDAQ: MASI) fell 10.1% to $72.45 in pre-market trading after the company reported mixed third-quarter financial results.
  • Cardlytics, Inc. (NASDAQ: CDLX) dropped 8.6% to $12.88 in pre-market trading.
  • Bumble Inc. (NASDAQ: BMBL) declined 7.6% to $12.40 in pre-market trading following weak quarterly sales.
  • eBay Inc. (NASDAQ: EBAY) declined 7.5% to $37.71 in pre-market trading. eBay posted upbeat earnings for its third quarter. However, the company said it sees fourth-quarter earnings of $1.00 to $1.05 per share on revenue of $2.47 billion to $2.53 billion.
  • Robinhood Markets, Inc. (NASDAQ: HOOD) fell 7.5% to $9.03 in pre-market trading following third-quarter results.
  • Coupang, Inc. (NYSE: CPNG) declined 6.9% to $15.89 in pre-market trading after the company reported third-quarter financial results.
  • Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) fell 5.5% to $9.18 in pre-market trading.
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Now Read This: Amazon, Walmart And 2 Other Stocks Insiders Are Selling

Don’t forget to check out our premarket coverage here

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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