Home Market News Micro Cap Stocks Big Stock Movements: Mattel, Meta, Align Technology, and Others Experience Pre-Market Losses

Big Stock Movements: Mattel, Meta, Align Technology, and Others Experience Pre-Market Losses

0
Big Stock Movements: Mattel, Meta, Align Technology, and Others Experience Pre-Market Losses

As the U.S. stock futures trade lower this morning, several big stocks are recording losses in the pre-market trading session. Here are some key stocks that investors should keep an eye on:

Align Technology, Inc. (NASDAQ: ALGN)

Align Technology shares have tumbled 25.3% to $189.50 in pre-market trading. This can be attributed to the company’s worse-than-expected third-quarter financial results and guidance.

MaxLinear, Inc. (NASDAQ: MXL)

MaxLinear shares have dipped 21.2% to $14.50 in pre-market trading after reporting downbeat results for the third quarter. Roth MKM downgraded MaxLinear from Buy to Neutral and lowered the price target from $35 to $18.

Mattel, Inc. (NASDAQ: MAT)

Mattel shares have declined 10.2% to $18.05 in pre-market trading after reporting third-quarter results.

Pure Storage, Inc. (NYSE: PSTG)

Pure Storage shares have declined 6.9% to $30.91 in pre-market trading.

Gogoro Inc. (NASDAQ: GGR)

Gogoro shares have fallen 6.3% to $2.68 in pre-market trading after a 10% gain on Wednesday.

Arista Networks, Inc. (NYSE: ANET)

Arista Networks shares have fallen 5.4% to $176.05 in pre-market trading.

DraftKings Inc. (NASDAQ: DKNG)

DraftKings shares have declined 4.9% to $26.00 in pre-market trading.

Lithium Americas (Argentina) Corp. (NYSE: LAAC)

Lithium Americas shares have fallen 4.9% to $5.82 in pre-market trading after declining 4% on Wednesday.

Meta Platforms, Inc. (NASDAQ: META)

Meta shares have declined 3.3% to $289.65 in pre-market trading. The company reported better-than-expected results for its third quarter and expects fourth-quarter revenue to be in the range of $36.5 billion to $40 billion.

Tesla, Inc. (NASDAQ: TSLA)

Tesla shares have fallen 2.7% to $206.73 in pre-market trading. The company recently reported third-quarter financial results that were below analysts’ estimates.

Keep an eye on these stocks as they continue to experience fluctuations in the pre-market session. For more stock updates and news, be sure to check out our pre-market coverage.