-+ 0.00%
-+ 0.00%
-+ 0.00%
Robinhood Posts Downbeat Q1 Results, Joins Enphase Energy, Avis Budget And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Share
Listen to the news

U.S. stock futures were higher this morning, with the Nasdaq 100 futures gaining around 100 points on Wednesday.

Shares of Robinhood Markets Inc (NASDAQ:HOOD) fell sharply in pre-market trading after the company reported worse-than-expected first-quarter financial results.

Robinhood reported first-quarter revenue of $1.07 billion, up 15% year-over-year. The revenue total missed a Street consensus estimate of $1.18 billion, according to data from Benzinga Pro. The company reported earnings per share of 38 cents in the quarter, missing a Street consensus estimate of 46 cents per share.

Robinhood shares dipped 10.7% to $73.30 in pre-market trading.

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

  • O-i Glass, Inc (NYSE:OI) fell 20.9% to $8.10 in pre-market trading after the company reported mixed first-quarter financial results and cut its FY26 adjusted EPS guidance below estimates.
  • Rocky Brands Inc (NASDAQ:RCKY) fell 17.8% to $36.01 in pre-market trading following downbeat first-quarter earnings.
  •  Western New England Bancorp Inc (NASDAQ:WNEB) fell 16% to $11.91 in pre-market trading following first-quarter results.
  • Syntec Optics Holdings Inc (NASDAQ:OPTX) dipped 12.2% to $7.20 in pre-market trading as the company announced pricing of $20 million underwritten public offering of common stock.
  • Eagle Bancorp Montana Inc (NASDAQ:EBMT) dipped 11.7% to $19.51 in pre-market trading after posting first-quarter results.
  • Enphase Energy Inc (NASDAQ:ENPH) dipped 11.1% to $30.50 in pre-market trading after the company reported mixed first-quarter financial results.
  • Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) declined 9.1% to $2.00 in pre-market trading. Trident Digital Tech posted a FY loss of 3 cents per share.
  • Orange County Bancorp Inc (NASDAQ:OBT) fell 9% to $33.00 in pre-market trading following quarterly results.
  • South Plains Financial Inc (NASDAQ:SPFI) declined 8.8% to $40.00 in pre-market trading following weak quarterly sales.
  • Daqo New Energy Corp (NYSE:DQ) fell 8.6% to $20.06 in pre-market trading after announcing unaudited first quarter financial results.
  • Intellia Therapeutics Inc (NASDAQ:NTLA) declined 7.4% to $12.23 in pre-market trading after announcing pricing of public offering of common stock.
  • Avis Budget Group Inc (NASDAQ:CAR) declined 6.7% to $169.82 in pre-market trading following first-quarter results.

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