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U.S. stock futures traded slightly lower this morning. Here are some big stocks recording losses in today’s pre-market trading session.
- Lincoln National Corporation LNC shares dipped 25.4% to $38.80 in pre-market trading after the company reported worse-than-expected Q3 EPS results.
- Altice USA, Inc. ATUS dropped 21.8% to $4.89 in pre-market trading after the company reported worse-than-expected Q3 results.
- Roku, Inc. ROKU declined 18.7% to $44.10 in pre-market trading. Roku posted upbeat revenue for its third quarter, but issued weak forecast for the fourth quarter.
- Quotient Limited QTNT dropped 16.1% to $2.13 in pre-market trading. Quotient announced a 1-for-40 reverse stock split.
- Lumen Technologies, Inc. LUMN shares tumbled 15.5% to $5.96 in pre-market trading after the company reported worse-than-expected Q3 results. The company also entered into agreement regarding divestiture of EMEA business to Colt Technology Services for $1.8 billion.
- trivago N.V. TRVG shares dipped 12.2% to $1.01 in pre-market trading. Trivago shares jumped over 10% on Wednesday after the company reported better-than-expected Q3 results.
- Fortinet, Inc. FTNT dropped 12.1% to $46.80 in pre-market trading following quarterly results.
- Cognizant Technology Solutions Corporation CTSH dropped 10.4% to $54.00 in pre-market trading after the company reported downbeat quarterly sales.
- Fisker Inc. FSR shares fell 7% to $7.50 in pre-market trading after posting wider-than-expected quarterly loss.
- Sibanye Stillwater Limited SBSW dropped 6.9% to $8.48 in pre-market trading after dropping over 4% on Wednesday.
- Palo Alto Networks, Inc. PANW fell 3.7% to $155.79 in pre-market trading. Palo Alto Networks is expected to announce FQ1 financial results on Thursday, November 17, 2022.
Also check this out: Market Volatility Increases Following Powell’s Comments .
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Image and article originally from www.benzinga.com. Read the original article here.