U.S. stock futures were mixed this morning, with the Dow futures gaining around 100 points on Friday.
Shares of Broadcom Inc (NASDAQ: AVGO ) fell sharply in pre-market trading even after the semiconductor giant delivered fourth-quarter earnings beat and reported record artificial intelligence (AI) revenue .
Despite a 74% surge in AI sales, investors focused heavily on disappointing guidance regarding shrinking gross margins and a sharply higher tax rate for fiscal 2026.
Broadcom shares dipped 5% to $386.28 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
Beasley Broadcast Group Inc (NASDAQ: BBGI ) declined 12.2% to $7.76 in pre-market trading after declining 47% on Thursday. CapsoVision, Inc. (NASDAQ: CV ) fell 9% to $13.13 in pre-market trading after gaining 22% on Thursday. Fermi Inc. (NASDAQ: FRMI ) dipped 6.6% to $14.25 in pre-market trading. LightPath Technologies Inc (NASDAQ: LPTH ) dipped 6.1% to $8.57 in pre-market trading after the company announced a proposed public offering of common stock. Netskope, Inc. (NASDAQ: NTSK ) fell 5.7% to $22.17 in pre-market trading following third-quarter results. The company also said it sees FY25 adjusted loss of 53 cents to 51 cents per share and revenue of $701 million to $703 million. Sandisk Corporation (NASDAQ: SNDK ) declined 3.7% to $232.75 in pre-market trading. Vale SA (NYSE: VALE ) fell 3.6% to $12.81 in pre-market trading. RBC Capital analyst Marina Calero, on Wednesday, upgraded Vale from Sector Perform to Outperform and raised the price target from $11 to $14.2.Now Read This:
Lululemon, Broadcom And 3 Stocks To Watch Heading Into FridayPhoto via Shutterstock
AVGO Broadcom Inc $380.31 -6.41% Overview BBGI Beasley Broadcast Group Inc $8.48 -4.07% CV CapsoVision Inc $13.90 -3.61% FRMI Fermi Inc $8.84 -42.0% LPTH LightPath Technologies Inc $8.35 -8.44% NTSK Netskope Inc $21.71 -7.60% SNDK SanDisk Corp $236.05 -2.30% VALE Vale SA $12.66 0.32% 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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