U.S. stock futures were mixed this morning, with the Nasdaq futures trading
higher by around 100 points on Friday.
Shares of Yelp Inc. YELP fell sharply in today’s pre-market
trading after the company reported mixed fourth-quarter financial results.
Yelp reported quarterly earnings of 37 cents per share which missed the
analyst consensus estimate of 38 cents. The company reported quarterly sales of $342.38 million,
beating the analyst consensus estimate of $341.32 million.
Yelp also announced its board of directors authorized a $500 million
increase to its share repurchase program.
Yelp shares dipped 11.2% to $39.44 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading
session.
- Semper Paratus Acquisition Corporation TVGN shares dipped 18% to $8.20 in
pre-market trading after surging 119% on Thursday. Tevogen Bio announced a $8 million equity
investment. - Bloom Energy Corporation BE shares declined 17.2% to $9.91 in
pre-market trading after the company reported worse-than-expected fourth-quarter financial
results. - Inventiva S.A. IVA shares fell 16.6% to $3.32 in pre-market trading after
the company reported preliminary 2023 fiscal year financial results and issued an update on its
clinical trial NATiV3. - Roku, Inc. ROKU shares declined 16% to $79.41 in pre-market trading
after the company reported fourth-quarter financial results. - Dropbox, Inc. DBX shares declined 9.6% to $29.43 in pre-market trading
after reporting fourth-quarter results. - D-Wave Quantum Inc. QBTS shares fell 8.6% to $1.81 in
pre-market trading after gaining 7% on Thursday. - Iris Energy Limited IREN fell 8.4% to $7.09 in
pre-market trading following second-quarter results. - DoorDash, Inc. DASH dipped 7.8% to $116.46 in
pre-market trading as the company reported mixed financial results for its fourth quarter. The
company said it expects first-quarter marketplace GOV to be between $18.5 billion and $18.9
billion and adjusted EBITDA in the range of $320 million to $380 million. - Minerals Technologies Inc. MTX shares fell 5% to $69.07 in
pre-market trading. - DraftKings Inc. DKNG fell 3.5% to $42.90 in
pre-market trading following weak quarterly sales.
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