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Groupon Posts Downbeat Q3 Results, Joins GeneDx Holdings, Qualys And Other Big Stocks Moving Lower In Tuesday’s Pre-Market Session

Avi Kapoor 1 hour ago

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Groupon plunged 20% premarket after missing quarterly earnings and sales estimates, while Digital Turbine, Daqo and others also traded lower.

U.S. stock futures were mixed this morning, with the Dow futures gaining over 100 points on Tuesday.

Shares of Groupon, Inc. (NASDAQ:GRPN) fell sharply in pre-market trading after the company reported worse-than-expected quarterly financial results.

Groupon reported a quarterly loss of 3 cents per share which missed the analyst consensus estimate of loss of 1 cent per share year. The company reported quarterly sales of $125.450 million which missed the analyst consensus estimate of $129.393 million.

Groupon shares dipped 20% to $13.00 in pre-market trading.

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

  • Digital Turbine, Inc. (NASDAQ:APPS) shares dipped 23.3% to $8.67 in pre-market trading after reporting second-quarter results.
  • Daqo New Energy Corp (NYSE:DQ) shares fell 16.2% to $10.26 in pre-market trading.
  • GFL Environmental Inc. (NYSE:GFL) declined 14.2% to $39.35 in pre-market trading.
  • Life360 Inc (NASDAQ:LIF) dipped 10.7% to $40.21 in pre-market trading following third-quarter results.
  • Janus International Group Inc (NYSE:JBI) declined 9.7% to $4.30 in pre-market trading. Janus International Group will report third quarter results on Nov. 10.
  • JBS NV (NYSE:JBS) fell 9.3% to $11.90 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
  • GeneDx Holdings Corp. (NASDAQ:WGS) declined 8.7% to $59.99 in pre-market trading after reporting third-quarter results.
  • Qualys Inc (NASDAQ:QLYS) fell 7.1% to $188.00 in pre-market trading following third-quarter results.
  • Rocket Lab Corp (NASDAQ:RKLB) dropped 5.5% to $55.60 in pre-market trading after the company reported mixed quarterly financial results.
  • Evolution Metals & Technologies Corp (NASDAQ:EMAT) declined 5.5% to $2.06 in pre-market trading.

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