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U.S. stock futures were mixed this morning, with the S&P 500 futures falling around 0.1% on Friday.
Shares of Applied Materials, Inc. (NASDAQ:AMAT) declined in today's pre-market trading following third-quarter results.
Applied Materials reported third-quarter revenue of $6.78 billion, beating the consensus estimate of $6.673 billion. The chip equipment company reported adjusted earnings of $2.12 per share, beating analyst estimates of 2.02 per share.
Applied Materials anticipates fourth-quarter revenue of $6.53 billion, plus or minus $400 million, versus estimates of $6.91 billion. The company expects fourth-quarter adjusted earnings to be between $2 and $2.36 per share, versus estimates of $2.14 per share.
Applied Materials shares fell 3.1% to $205.25 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.