U.S. stock futures were mixed this morning, with the Dow futures gaining over 100 points on Thursday.
Shares of Western Digital Corp (NASDAQ:WDC) fell sharply in pre-market trading following fourth-quarter results.
Western Digital reported quarterly earnings of $3.56 per share, which beat the Street estimate of $3.29 by 7.88%, according to Benzinga Pro data. Quarterly revenue came in at $3.75 billion, which beat the consensus estimate of $3.69 billion and was up from $2.61 billion in the same period last year.
Western Digital said it expects first quarter adjusted EPS of $3.85 to $4.15, versus the $3.81 estimate, and revenue of $4 billion to $4.2 billion, versus the $4.01 billion analyst estimate.
Western Digital shares dipped 14.5% to $443.99 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Yxt Com Group Holding (NASDAQ:YXT) shares dipped 49% to $11.95 in pre-market trading after surging 801% on Wednesday.
- ThredUp Inc (NASDAQ:TDUP) shares dipped 30% to $4.40 in pre-market trading after the company reported worse-than-expected second-quarter EPS results and lowered its FY2026 sales guidance below estimates.
- HubSpot Inc (NYSE:HUBS) declined 24.7% to $188.50 in pre-market trading after the company after the company reported second-quarter financial results and issued third-quarter guidance below estimates.
- LegalZoom.com Inc (NASDAQ:LZ) fell 23% to $6.24 in pre-market trading after the company reported worse-than-expected second-quarter sales results and lowered its FY2026 sales guidance below estimates.
- Akebia Therapeutics Inc (NASDAQ:AKBA) fell 23% to $0.99 in pre-market trading after the company reported second-quarter results.
- Fluence Energy Inc (NASDAQ:FLNC) fell 19% to $11.53 in pre-market trading after the company reported worse-than-expected third-quarter financial results and cut its FY26 sales guidance below estimates.
- UWM Holdings Corp (NYSE:UWMC) shares declined 18.5% to $1.50 in pre-market trading after the company reported second-quarter results and announced a $2.05 billion strategic capital partnership with the Ishbia Family and Oaktree. The company also suspended common dividend to prioritize debt reduction.
- Applovin Corp (NASDAQ:APP) shares fell 15.7% to $352.05 in pre-market trading after the company reported mixed second-quarter financial results.
- Figma Inc (NYSE:FIG) fell 15.1% to $23.91 in pre-market trading following second-quarter results.
- Celestica Inc (NYSE:CLS) declined 13.7% to $312.80 in pre-market trading after announcing pricing of equity offering.
- Honeywell Aerospace Inc (NASDAQ:HONA) dipped 12.6% to $178.00 in pre-market trading after the company reported a year-over-year decrease in second-quarter adjusted EPS results.
- Zillow Group Inc (NASDAQ:ZG) dipped 11% to $32.85 in pre-market trading after the company reported second-quarter financial results and issued FY26 sales guidance below estimates.
- Dutch Bros Inc (NYSE:BROS) declined 9.4% to $59.50 in pre-market trading after the company reported second-quarter financial results. The company agreed to acquire real estate and related site assets of up to 65 Salad and Go locations across Arizona, Nevada, Oklahoma and Texas.
- SanDisk Corp (NASDAQ:SNDK) fell 8.9% to $1,230.05 in pre-market trading. SanDisk posted better-than-expected fourth-quarter results after Wednesday’s closing bell.
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