U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Friday.
Shares of Akamai Technologies Inc (NASDAQ:AKAM) fell sharply in pre-market trading after the company reported fourth-quarter financial results and issued FY26 adjusted EPS guidance below estimates. Also, the company issued first-quarter adjusted EPS guidance below estimates.
Akamai Techs reported quarterly earnings of $1.84 per share which beat the analyst consensus estimate of $1.75 per share. The company reported quarterly sales of $1.095 billion which beat the analyst consensus estimate of $1.076 billion.
Akamai Technologies shares dipped 8.8% to $99.94 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Grail Inc (NASDAQ:GRAL) fell 47.7% to $52.99 in pre-market trading after the company reported worse-than-expected quarterly sales results. Topline results for HS-Galleri Trial did not meet its primary endpoint of statistically significant Stage III-IV reduction.
- Inseego Corp (NASDAQ:INSG) fell 16.1% to $8.86 in pre-market trading after the company reported fourth-quarter financial results and issued first-quarter sales guidance below estimates
- Vicor Corp (NASDAQ:VICR) fell 13% to $133.01 in pre-market trading after the company reported worse-than-expected quarterly sales results.
- Candel Therapeutics Inc (NASDAQ:CADL) dipped 11.3% to $5.27 in pre-market trading as the company announced the pricing of a public offering.
- Ardelyx Inc (NASDAQ:ARDX) declined 7.4% to $6.24 in pre-market trading following weak quarterly earnings.
- Select Water Solutions Inc (NYSE:WTTR) fell 7.4% to $13.17 in pre-market trading as the company announced pricing of public offering of common stock.
- Copart Inc (NASDAQ:CPRT) dipped 7.4% to $34.86 in pre-market trading after the company reported worse-than-expected second-quarter financial results.
- Dropbox Inc (NASDAQ:DBX) fell 4.2% to $23.70 in pre-market trading. Dropbox posted better-than-expected fourth-quarter earnings. The company also said it sees FY2026 sales of $2.485 billion to $2.500 billion, versus market estimates of $2.494 billion.
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