U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Wednesday.
Shares of Netflix, Inc. (NASDAQ: NFLX ) fell sharply in pre-market trading as the company reported downbeat third-quarter financial results Tuesday after market close .
Netflix reported third-quarter revenue of $11.51 billion, up 17.2% year-over-year. The revenue total missed a Street consensus estimate of $11.514 billion, according to data from Benzinga Pro. The company reported earnings per share of $5.87, missing a Street consensus estimate of $6.97.
Netflix shares dipped 6.9% to $1,156.00 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
Alector, Inc. (NASDAQ: ALEC ) tumbled 57.6% to $1.36 in pre-market trading after the company announced it will discontinue the open-label extension for Latozinemab and reduce its workforce by about 49%. Newegg Commerce, Inc. (NASDAQ: NEGG ) fell 22.6% to $38.70 in pre-market trading after declining 5% on Tuesday. Terns Pharmaceuticals, Inc. (NASDAQ: TERN ) dipped 13.3% to $7.00 in pre-market trading after CEO Amy Burroughs said that the Phase 2 topline 12-week results for TERN-601 did not meet the threshold for a truly differentiated oral GLP-1RA therapy and will likely preclude further development. Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH ) shares declined 11.9% to $9.01 in pre-market trading as the company announced pricing of secondary offering of common stock. Critical Metals Corp. (NASDAQ: CRML ) dipped 11.3% to $14.44 in pre-market trading. Critical Metals shares fell 17% on Tuesday after the company announced an offering of 18.03 million shares. Bgin Blockchain Limited (NASDAQ: BGIN ) declined 9.5% to $4.49 in pre-market trading after falling 17% on Tuesday. Genprex, Inc. (NASDAQ: GNPX ) declined 8.7% to $10.50 in pre-market trading. Genprex shares fell 18% on Tuesday after the company implemented previously disclosed 1-for-50 reverse stock split, reducing outstanding shares to 1,004,326. Texas Instruments Incorporated (NASDAQ: TXN ) declined 7.7% to $167.00 in pre-market trading after the company issued fourth-quarter EPS and sales guidance below analyst estimates. Almonty Industries Inc. (NASDAQ: ALM ) fell 7.5% to $7.75 in pre-market trading after declining 7% on Tuesday.Now Read This:
Top 2 Materials Stocks That Are Ticking Portfolio BombsPhoto via Shutterstock
Loading... Loading... ALEC Alector Inc $1.55 -51.7% Overview ALM Almonty Industries Inc $7.67 -8.44% AVAH Aveanna Healthcare Holdings Inc $9.21 -9.93% BGIN BGIN Blockchain Ltd $4.42 -10.9% CRML Critical Metals Corp $15.07 -7.39% GNPX Genprex Inc $10.11 -12.1% NEGG Newegg Commerce Inc $42.51 -15.3% NFLX Netflix Inc $1163.98 -6.23% TERN Terns Pharmaceuticals Inc $7.19 -11.4% TXN Texas Instruments Inc $167.00 -7.65% Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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