Fabrinet, IQIYI, Hesai Group And Other Big Stocks Moving Lower In Tuesday’s Pre-Market Session
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- U.S. stock futures declined in Tuesday's pre-market session, with Nasdaq 100 futures falling around 1 %.
- Fabrinet shares dropped 9.1 % to $544.06 after issuing a first-quarter GAAP EPS outlook of $3.39 to $3.54, which missed market estimates, despite beating fourth-quarter earnings and sales expectations.
- Several other stocks, including IQIYI, Hesai Group, and AXT, also moved lower following recent financial results or previous session gains.