HomeMarket NewsMicro Cap StocksStock Market Update: Pre-Market Session Sees Robinhood, eBay, Upstart and More Declining

Stock Market Update: Pre-Market Session Sees Robinhood, eBay, Upstart and More Declining

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The U.S. stock market showed lower trading in today’s pre-market session. Here are some of the big stocks recording losses in today’s pre-market trading:

  • Sleep Number Corporation (SNBR) shares dipped 31.4% to $11.00 in pre-market trading following the company’s third-quarter financial results.
  • Nerdy, Inc. (NRDY) shares tumbled 27.7% to $2.24 in pre-market trading after the company issued a weak revenue forecast.
  • Upstart Holdings, Inc. (UPST) shares declined 22.7% to $22.75 in pre-market trading due to worse-than-expected third-quarter financial results.
  • Toast, Inc. (TOST) shares dipped 18.7% to $14.03 in pre-market trading post company’s third-quarter financial results.
  • Magic Software Enterprises Ltd. (MGIC) shares fell 18.4% to $8.59 in pre-market trading.
  • Flywire Corporation (FLYW) declined 17.3% to $22.88 in pre-market trading after the company’s third-quarter financial results.
  • Spirit AeroSystems Holdings, Inc. (SPR) fell 14.3% to $21.10 in pre-market trading post the company’s proposed public offering of Class A common stock. The company also announced a proposed private offering of exchangeable senior notes.
  • Array Technologies, Inc. (ARRY) declined 11.7% to $16.08 in pre-market trading following weak quarterly sales.
  • Masimo Corporation (MASI) fell 10.1% to $72.45 in pre-market trading after the company reported mixed third-quarter financial results.
  • Cardlytics, Inc. (CDLX) dropped 8.6% to $12.88 in pre-market trading.
  • Bumble Inc. (BMBL) declined 7.6% to $12.40 in pre-market trading following weak quarterly sales.
  • eBay Inc. (EBAY) declined 7.5% to $37.71 in pre-market trading. eBay posted upbeat earnings for its third quarter. However, the company said it sees fourth-quarter earnings of $1.00 to $1.05 per share on revenue of $2.47 billion to $2.53 billion.
  • Robinhood Markets, Inc. (HOOD) fell 7.5% to $9.03 in pre-market trading following third-quarter results.
  • Coupang, Inc. (CPNG) declined 6.9% to $15.89 in pre-market trading after the company reported third-quarter financial results.
  • Sumitomo Mitsui Financial Group, Inc. (SMFG) fell 5.5% to $9.18 in pre-market trading.

For more updates, check out our premarket coverage here.


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