Microsoft, Snap, Texas Instruments And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Portfolio Pulse from Lisa Levin
Several major stocks including Microsoft, Snap, Texas Instruments, and others are trading lower in Wednesday's pre-market session. Snap shares fell 18.6% after reporting Q3 results. Aurora Acquisition shares dipped 15.3% after a 220% jump on Tuesday. Tupperware Brands declined 9% after a 16% decline on Tuesday. POSCO Holdings slipped 5.7% after a 12% gain on Tuesday. Vir Biotechnology fell 4.7% after releasing data from a Phase 2 trial. Waste Management slipped 4.5% after posting downbeat Q2 results. Markforged Holding fell 4.5% ahead of its Q2 results release. Orange S.A. fell 3.9% following Q2 results. Texas Instruments declined 3.8% after issuing Q3 EPS guidance below estimates. Microsoft declined 3.7% despite better-than-expected Q4 earnings and sales, due to a weak sales outlook for the current quarter.
July 26, 2023 | 10:41 am
News sentiment analysis
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NEGATIVE IMPACT
Aurora Acquisition shares dipped 15.3% in pre-market trading after a 220% jump on Tuesday.
After a significant jump on Tuesday, Aurora Acquisition's shares have dipped in pre-market trading.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Markforged Holding fell 4.5% in pre-market trading ahead of its Q2 results release.
Markforged Holding's shares have fallen in pre-market trading ahead of its Q2 results release.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Microsoft declined 3.7% in pre-market trading despite better-than-expected Q4 earnings and sales, due to a weak sales outlook for the current quarter.
Despite better-than-expected Q4 earnings and sales, Microsoft's shares have declined in pre-market trading due to a weak sales outlook for the current quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Orange S.A. fell 3.9% in pre-market trading following Q2 results.
Orange S.A.'s shares have fallen in pre-market trading following Q2 results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
POSCO Holdings slipped 5.7% in pre-market trading after a 12% gain on Tuesday.
After a gain on Tuesday, POSCO Holdings' shares have slipped in pre-market trading.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Snap shares fell 18.6% in pre-market trading after reporting Q3 results.
Snap's Q3 results have led to a significant drop in its share price in pre-market trading.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Tupperware Brands declined 9% in pre-market trading after a 16% decline on Tuesday.
Tupperware Brands' shares have continued to decline in pre-market trading after a significant drop on Tuesday.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Texas Instruments declined 3.8% in pre-market trading after issuing Q3 EPS guidance below estimates.
Texas Instruments' shares have declined in pre-market trading after the company issued Q3 EPS guidance below estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Vir Biotechnology fell 4.7% in pre-market trading after releasing data from a Phase 2 trial.
Vir Biotechnology's shares have fallen in pre-market trading following the release of data from a Phase 2 trial.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Waste Management slipped 4.5% in pre-market trading after posting downbeat Q2 results.
Waste Management's shares have slipped in pre-market trading following downbeat Q2 results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100