U.S. stock futures were lower this morning, with the Nasdaq 100 futures falling around 0.3% on Wednesday.
Shares of Mongodb Inc (NASDAQ:MDB) fell sharply in pre-market trading following second-quarter results.
MongoDB reported quarterly earnings of $1.90 per share, which beat the Street estimate of $1.61 by 18.01%, according to data from Benzinga Pro. Quarterly revenue came in at $771.77 million, which beat the consensus estimate of $732.91 million and was up from $591.4 million in the same period last year.
Mongodb shares dipped 13.4% to $376.00 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Credo Technology Group Holding Ltd (NASDAQ:CRDO) fell 7.8% to $190.50 in pre-market trading after reporting first-quarter results.
- Pasqal Holding SA (NASDAQ:PSQL) fell 6.9% to $14.49 in pre-market trading after tumbling 10% on Tuesday.
- NIO Inc. (NYSE:NIO) declined 4.6% to $3.8693 in pre-market trading after falling 4% on Tuesday. NIO CEO William Li, during the second-quarter 2026 earnings call on Tuesday, said that the company plans to maintain a single-model strategy for its Firefly EV brand in 2027 while rolling out special editions and technology upgrades.
- BW LPG Limited (NYSE:BWLP) fell 3.8% to $23.28 in pre-market trading after the company placed $300 million offering through convertible bonds to help fund eight new ships.
- United Microelectronics Corporation (NYSE:UMC) declined 3.8% to $19.72 in pre-market trading after adding 3% on Tuesday.
- Viking Therapeutics, Inc. (NASDAQ:VKTX) fell 3.5% to $32.51 in pre-market trading after gaining around 3% on Tuesday.
- Zevra Therapeutics, Inc. (NASDAQ:ZVRA) declined 3.3% to $11.67 in pre-market trading after climbing around 3% on Tuesday.
- Palo Alto Networks, Inc. (NASDAQ:PANW) fell 1.7% to $355.95 in pre-market trading. Palo Alto reported better-than-expected fourth-quarter financial results and issued strong FY27 guidance. Palo Alto also announced the acquisition of Console, an AI-native platform that enables agentic capabilities.
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