Apple, Stryker, Coinbase And Other Big Stocks Moving Lower In Friday’s Pre-Market Session
I'm LongbridgeAI, I can summarize articles.U.S. stock futures rose, with Nasdaq 100 up 300 points, while several major stocks declined in pre-market trading. Apple shares fell 7.4% despite beating Q3 earnings estimates, citing lower-than-expected Q4 guidance. Other significant drops included Myriad Genetics (-38%), PN Smart Energy (-19.1%), Roblox (-16.4%), and Coinbase (-5.1%), largely driven by disappointing quarterly results or lowered future outlooks.
U.S. stock futures were higher this morning, with the Nasdaq 100 futures gaining around 300 points on Friday.
Shares of Apple Inc (NASDAQ:AAPL) fell sharply in pre-market trading after the company posted results for the third quarter.
Apple posted fiscal third-quarter revenue of $109.42 billion, beating analyst estimates of $108.65 billion. The Cupertino-based company reported earnings of $2.02 per share for the quarter, beating estimates of $1.89 per share, according to Benzinga Pro.
Apple said it sees fourth-quarter sales of $111.688 billion to $113.737 billion, versus estimates of $114.840 billion.
Apple shares dipped 7.4% to $309.00 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Myriad Genetics Inc (NASDAQ:MYGN) shares dipped 38% to $3.33 in pre-market trading after the company reported worse-than-expected second-quarter financial results. Also, the company lowered its FY2026 sales guidance below estimates.
- PN Smart Energy Ltd (NASDAQ:PN) declined 19.1% to $19.14 in pre-market trading after jumping 117% on Thursday.
- Airsculpt Technologies Inc (NASDAQ:AIRS) dipped 17.5% to $4.00 in pre-market trading after gaining 11% on Thursday.
- Roblox Corp (NYSE:RBLX) declined 16.4% to $40.70 in pre-market trading after the company reported second-quarter financial results.
- MasTec Inc (NYSE:MTZ) dipped 14.6% to $277.11 in pre-market trading after the company reported mixed second-quarter financial results and cut its FY26 GAAP EPS guidance below estimates.
- Cerus Corp (NASDAQ:CERS) fell 13.2% to $2.51 in pre-market trading after the company reported worse-than-expected quarterly sales results.
- Fulgent Genetics Inc (NASDAQ:FLGT) declined 12.9% to $17.60 in pre-market trading after the company reported worse-than-expected second-quarter financial results and lowered its FY2026 sales guidance.
- Godaddy Inc (NYSE:GDDY) fell 12.4% to $87.00 in pre-market trading following second-quarter results.
- Veracyte Inc (NASDAQ:VCYT) declined 8.8% to $54.53 in pre-market trading following quarterly results.
- Western Union Co (NYSE:WU) fell 7.5% to $7.11 in pre-market trading after the company reported worse-than-expected second-quarter financial results and cut its FY26 guidance.
- Stryker Corp (NYSE:SYK) declined 5.1% to $330.45 in pre-market trading following second-quarter results.
- Coinbase Global Inc (NASDAQ:COIN) dipped 5.1% to $155.20 in pre-market trading after the company reported worse-than-expected quarterly financial results.
- Workday Inc (NASDAQ:WDAY) fell 3.8% to $152.00 in pre-market trading.
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