Rubrik Reports Q2 Results, Joins Ionis Pharmaceuticals, Hewlett Packard Enterprise And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Author: Avi Kapoor | September 10, 2024 08:32am

U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Tuesday.

Shares of Rubrik, Inc. (NYSE:RBRK) fell sharply in today's pre-market trading after reporting second-quarter results.

Rubrik reported quarterly losses of 40 cents per share which beat the analyst consensus estimate of losses of 49 cents. Quarterly sales came in at $204.951 million, which beat the analyst consensus estimate of $196.209 million by 4.46%.

Rubrik shares dipped 8.1% to $29.45 in pre-market trading.

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

Ionis Pharmaceuticals Inc (NASDAQ:IONS) declined 7% to $ 44.98 in pre-market trading. Ionis priced its $500.3 million public offering of 11.5 million common shares at $43.50/share.
Applied Digital Corporation (NASDAQ:APLD) shares dipped 6.2% to $6.17 in pre-market trading after jumping 45% on Monday.
VNET Group Inc – ADR (NASDAQ:VNET) shares fell 5.4% to $2.63 in pre-market trading.
Hewlett Packard Enterprise Company (NYSE:HPE) shares fell 5.2% to $16.69 in pre-market trading. The company announced it has commenced a public offering of $1.35 billion (27 million shares) of Series C mandatory convertible preferred stock.
Extreme Networks, Inc. (NASDAQ:EXTR) shares fell 4.6% to $13.00 in pre-market trading.
PureTech Health plc (NASDAQ:PRTC) shares fell 3.5% to $19.99 in pre-market trading after gaining 6% on Monday.
Dropbox Inc (NASDAQ:DBX) shares slipped 2.7% to $22.51 in pre-market trading.