Nutanix Posts Downbeat Q1 Results, Joins HP, Ambarella, Pagerduty And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session - Deere (NYSE:DE), Ambarella (NASDAQ:AMBA)

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Wednesday.

Shares of Nutanix Inc (NASDAQ: NTNX ) fell sharply in pre-market trading after the company reported worse-than-expected first-quarter financial results and cut its FY26 sales guidance below estimates .

Nutanix reported quarterly earnings of 21 cents per share which missed the analyst consensus estimate of 41 cents per share. The company reported quarterly sales of $670.576 million which missed the analyst consensus estimate of $676.750 million.

Nutanix shares tumbled 16.8% to $48.86 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

Jiayin Group Inc – ADR (NASDAQ: JFIN ) dipped 7.8% to $6.83 in pre-market trading. Zscaler Inc (NASDAQ: ZS ) fell 7.2% to $269.00 in pre-market trading as the company reported financial results for the first quarter. Ambarella Inc (NASDAQ: AMBA ) fell 6.7% to $84.84 in pre-market trading after posting quarterly results. Workday, Inc. (NASDAQ: WDAY ) declined 6.3% to $219.00 in pre-market trading following third-quarter results. Pagerduty Inc (NYSE: PD ) dipped 5.8% to $14.30 in pre-market trading after the company reported mixed third-quarter financial results and lowered its FY26 sales guidance below estimates. HP Inc (NYSE: HPQ ) fell 5.7% to $22.94 in pre-market trading after the company issued first-quarter EPS guidance with a midpoint below estimates. Deere & Company (NYSE: DE ) declined 4.7% to $474.95 in pre-market trading after the company reported fourth-quarter financial results and issued worse-than-expected FY26 outlook. Vera Therapeutics, Inc. (NASDAQ: VERA ) fell 3.5% to $28.40 in pre-market trading.

Now Read This:

HP, Dell And 3 Stocks To Watch Heading Into Wednesday

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Loading... Loading... AMBA Ambarella Inc $85.00 -6.56% Overview DE Deere & Co $471.50 -5.35% HPQ HP Inc $23.70 -2.55% JFIN Jiayin Group Inc $7.05 -4.86% NTNX Nutanix Inc $51.98 -11.6% PD PagerDuty Inc $13.67 -9.95% VERA Vera Therapeutics Inc $28.00 -4.86% WDAY Workday Inc $219.10 -6.24% ZS Zscaler Inc $272.25 -6.03% Market News and Data brought to you by Benzinga APIs

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