HomeMarket NewsSmall Caps MaxLinear Inc. Q4 Results: Pre-Market Stock Movement MaxLinear Inc. Q4 Results: Pre-Market Stock...

MaxLinear Inc. Q4 Results: Pre-Market Stock Movement MaxLinear Inc. Q4 Results: Pre-Market Stock Movement

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U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 90 points on Thursday.

MaxLinear, Inc. (MXL) shares fell sharply during Thursday’s pre-market trading after reporting fourth-quarter results, posting adjusted earnings of 1 cent per share, compared to market estimates of 1 cent per share and quarterly sales of $125.35 million versus expectations of $125.11 million, according to data from Benzinga Pro. MaxLinear shares dipped 13.4% to $18.00 in pre-market trading.

Below are some big stocks recording losses in today’s pre-market trading session.

  • ING Groep N.V. (ING) shares declined 8.7% to $12.97
  • Nyxoah S.A. (NYXH) shares tumbled 8.4% to $9.91
  • Arcutis Biotherapeutics, Inc. (ARQT) shares fell 8% to $5.40
  • Rocket Lab USA, Inc. (RKLB) shares declined 6.8% to $4.52
  • Wolfspeed, Inc. (WOLF) shares fell 6.5% to $30.45
  • ZoomInfo Technologies Inc. (ZI) fell 3.1% to $15.55
  • Aflac Incorporated (AFL) shares declined 2.1% to $82.55
  • Sanofi (SNY) fell 2% to $48.88

Now Read This: Apple, Honeywell International And 3 Stocks To Watch Heading Into Thursday

Don’t forget to check out our premarket coverage here.

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