U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Thursday.
Shares of NetApp, Inc. (NASDAQ: NTAP ) fell sharply in pre-market trading following first-quarter results .
NetApp reported quarterly earnings of $2.58 per share, which beat the consensus estimate of $2.12 by 21.7%, per Benzinga Pro data. Quarterly revenue of $2.03 billion beat the Street estimate of $1.84 billion and was up from $1.56 billion in the same period last year.
NetApp shares dipped 8.2% to $165.97 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
Ultragenyx Pharmaceutical Inc (NASDAQ: RARE ) tumbled 45.4% to $14.48 in pre-market trading after the company announced results from the Phase 3 Aspire study for apazunersen did not achieve the primary endpoint of change from Baseline in Bayley-4 cognitive raw score nor the key secondary endpoint of net response in Multidomain Responder Index. Methode Electronics, Inc. (NYSE: MEI ) fell 10% to $16.24 in pre-market trading after the company reported mixed quarterly financial results. Viking Acquisition Corp I (NYSE: VACI ) dipped 8.4% to $9.00 in pre-market trading after declining around 7% on Wednesday. SL Science Holding Limited (NASDAQ: SLBT ) fell 7% to $3.08 in pre-market trading after jumping over 18% on Wednesday. Hewlett Packard Enterprise Co (NYSE: HPE ) fell 4.7% to $49.40 in pre-market trading following third-quarter results. Trending Trip.com Group Limited (NASDAQ: TCOM ) fell 4.5% to $41.65 in pre-market trading. Trip.com Group will report second quarter and first half of 2026 financial results on Sept. 15. Titan Mining Corp (NYSE: TII ) fell 3.3% to $2.98 in pre-market trading after jumping around 10% on Wednesday. SK Hynix Inc – ADR (NASDAQ: SKHY ) fell 3% to $160.23 in pre-market trading. JinkoSolar Holding Co., Ltd (NYSE: JKS ) fell 2.7% to $12.12 in pre-market trading. JinkoSolar recently reported worse-than-expected quarterly financial results.Photo via Shutterstock
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