HP Posts Downbeat Earnings, Joins SentinelOne, Best Buy And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Benzinga · 05/29 12:33
U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Thursday.
Shares of HP Inc. (NYSE:HPQ) fell sharply in today's pre-market trading after the company reported worse-than-expected second-quarter adjusted EPS results and issued third-quarter adjusted EPS guidance below estimates.
HP reported second-quarter revenue of $13.22 billion, beating analyst estimates of $13.15 billion. The company reported second-quarter adjusted earnings of 71 cents per share, missing estimates of 80 cents per share, according to Benzinga Pro.
HP shares dipped 7.8% to $25.08 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Brooge Energy Limited (NASDAQ:BROG) shares dipped 59.1% to $1.74 in pre-market trading. Brooge Energy announced voluntarily delisting from the Nasdaq.
- SentinelOne, Inc. (NYSE:S) declined 13.7% to $16.98 in today's pre-market trading after the company reported first-quarter results and lowered its FY2026 sales guidance.
- Movado Group, Inc. (NYSE:MOV) fell 12.6% to $15.22 in pre-market trading following weaker-than-expected quarterly results.
- Intellia Therapeutics, Inc. (NASDAQ:NTLA) shares declined 12.4% to $8.46 in pre-market trading.
- Caleres, Inc. (NYSE:CAL) fell 10% to $14.74 in pre-market trading following downbeat quarterly earnings.
- Joby Aviation, Inc. (NYSE:JOBY) fell 4.7% to $8.44 in pre-market trading. Joby Aviation shares jumped more than 28% on Wednesday after the company completed a round of raising capital, which included a $250 million investment from Toyota Motor.
- Best Buy Co., Inc. (NYSE:BBY) slipped 3% to $69.36 in pre-market trading after the company reported a first-quarter earnings miss and lowered its guidance.
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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.