Dell Reports Mixed Q3 Results, Joins Marvell Technology, Super Micro Computer And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Author: Lisa Levin | December 01, 2023 06:15am

U.S. stock futures traded higher this morning, with the Dow Jones futures gaining more than 80 points on Friday.

Shares of Dell Technologies Inc. (NYSE:DELL) moved lower in pre-market trading after the company reported results for its third quarter.

Dell reported quarterly earnings of $1.88 per share, topping the analyst consensus estimate of $1.47. Revenue of $22.25 billion missed the analyst consensus estimate of $23.00 billion.

Dell shares declined 5.1% to $72.00 in pre-market trading.

Here are some big stocks recording losses in today’s pre-market trading session.

• Incannex Healthcare Limited (NASDAQ:IXHL) shares dipped 32.6% to $5.38 in pre-market trading after gaining 85% on Thursday.
• MorphoSys AG (NASDAQ:MOR) shares declined 8.9% to $6.23 in pre-market trading after gaining 15% on Thursday.
• Ferroglobe PLC (NASDAQ:GSM) shares fell 6.7% to $5.40 in pre-market trading after gaining around 8% on Thursday.
• Marvell Technology, Inc. (NASDAQ:MRVL) shares fell 4.8% to $53.01 in pre-market trading after the company reported third-quarter earnings results.
• Super Micro Computer, Inc. (NASDAQ:SMCI) shares fell 3.4% to $264.32 in pre-market trading. Supermicro priced its public offering of 2,100,700 common shares at $262 per share.
• BioNTech SE (NASDAQ:BNTX) shares declined 3.2% to $97.18 in pre-market trading.

 

Now Read This: Dell Technologies, Genesco And 3 Stocks To Watch Heading Into Friday

Don’t forget to check out our premarket coverage here

Posted In: BNTX DELL GSM IXHL MOR MRVL SMCI