-+ 0.00%
-+ 0.00%
-+ 0.00%
Rambus Posts Downbeat Q1 Earnings, Joins Erasca, Spotify, Amkor Technology And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Share
Listen to the news

U.S. stock futures were mixed this morning, with the Nasdaq futures falling around 1% on Tuesday.

Shares of Rambus Inc (NASDAQ:RMBS) fell sharply in pre-market trading as the company reported mixed first-quarter results after Monday's closing bell.

Rambus reported quarterly earnings of 63 cents per share, which missed the consensus estimate of 64 cents. Quarterly revenue came in at $180.19 million, which beat the Street estimate of $177.93 million, according to Benzinga Pro data.

Rambus shares dipped 15.1% to $120.03 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

  • Vistance Networks Inc (NASDAQ:VISN) shares dipped 49.9% to $9.79 in pre-market trading.
  • Erasca Inc (NASDAQ:ERAS) fell 37% to $12.07 in pre-market trading after the company announced preliminary Phase 1 dose escalation data for its potentially best-in-class, pan-RAS molecular glue ERAS-0015 in patients with RAS-mutant solid tumors.
  • Greenland Energy Co (NASDAQ:GLND) fell 23.8% to $4.13 in pre-market trading as the company announced pricing of $70 million public offering.
  • High-Trend International Group (NASDAQ:HTCO) dipped 18.1% to $31.31 in pre-market trading after gaining 240% on Monday.
  • Guardian Metal Resources (NASDAQ:GMTL) dipped 13.1% to $17.89 in pre-market trading.
  • Robinhood Ventures Fund I (NYSE:RVI) declined 11.3% to $31.67 in pre-market trading.
  • Spotify Technology SA (NYSE:SPOT) dipped 11.3% to $439.87 in pre-market trading after the company reported mixed first-quarter financial results and issued second-quarter sales guidance below estimates.
  • Amkor Technology Inc (NASDAQ:AMKR) fell 10.5% to $67.66 in pre-market trading following first-quarter results.
  • Corning Inc (NYSE:GLW) declined 10.4% to $150.47 in pre-market trading after the company reported first-quarter financial results and issued second-quarter sales guidance below estimates
  •  Celestica Inc (NYSE:CLS) dipped 10% to $380.00 in pre-market trading after reporting first-quarter results.
  • Sportradar Group AG (NASDAQ:SRAD) fell 8.8% to $12.70 in pre-market trading following weak quarterly results.
  • Astera Labs, Inc (NASDAQ:ALAB) declined 8.6% to $179.70 in pre-market trading.
  • Vishay Intertechnology Inc (NYSE:VSH) fell 7.7% to $25.61 in pre-market trading.

Photo via Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending