ServiceNow Posts Downbeat Q3 Earnings, Joins Sprouts Farmers Market, Alphabet And Other Big Stocks Moving Lower In Thursday’s Pre-Market Session
I'm LongbridgeAI. Here is the key information I extractedU.S. stock futures were mixed this morning, with the Nasdaq 100 futures falling around 1% on Thursday.
Shares of ServiceNow Inc (NYSE:NOW) fell sharply in pre-market trading after the company reported mixed quarterly financial results.
ServiceNow posted third-quarter revenue of approximately $4.11 billion, beating the consensus estimate of $4.10 billion, according to Benzinga Pro. The software solutions company reported adjusted earnings of $1 per share for the quarter, missing estimates of $1.02 per share.
ServiceNow shares dipped 18.5% to $122.40 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Fortinet Inc (NASDAQ:FTNT) fell 25.2% to $130.20 in pre-market trading after reporting third-quarter results.
- Sprouts Farmers Market Inc (NASDAQ:SFM) fell 23.2% to $47.61 in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued fourth-quarter adjusted EPS results below estimates.
- AI OKTO (NASDAQ:AIOK) tumbled 15.2% to $23.84 in pre-market trading after jumping 110% on Wednesday. AI Okto CEO Panagiotidis reported the purchase of 130,000 shares at an average price of $8.15 per share in Form 4 filing on Tuesday.
- Haleon plc (NYSE:HLN) fell 12.7% to $8.73 in pre-market trading.
- Community Health Systems, Inc. (NYSE:CYH) dipped 10.5% to $2.38 in pre-market trading after the company reported worse-than-expected quarterly financial results.
- Alphabet Inc. (NASDAQ:GOOGL) tumbled 10.2% to $291.70 in pre-market trading as the company posted downbeat financial results for the third quarter.
- Marvell Technology, Inc. (NASDAQ:MRVL) shares declined 9.6% to $227.58 in pre-market trading. Marvell Technology is reportedly in advanced talks to acquire Lumentum Holdings Inc. (NASDAQ:LITE).
- TAL Education Group (NYSE:TAL) dipped 9.3% to $9.13 in pre-market trading following quarterly results.
- FormFactor, Inc. (NASDAQ:FORM) declined 8.4% to $101.05 in pre-market trading after reporting third-quarter results.
- DBV Technologies S.A. (NASDAQ:DBVT) fell 7.8% to $9.81 in pre-market trading following third-quarter results.
- Everspin Technologies, Inc. (NASDAQ:MRAM) dipped 7.3% to $13.58 in pre-market trading following third-quarter results.
- Zscaler, Inc. (NASDAQ:ZS) declined 5.4% to $242.00 in pre-market trading.
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