U.S. stock futures were lower this morning, with the Nasdaq 100 futures falling around 500 points on Thursday.
Shares of Tesla, Inc. (NASDAQ:TSLA) fell sharply in pre-market trading after the company reported results for the third quarter.
Tesla reported third-quarter revenue of $28.05 billion, flat from the prior year’s third quarter. The revenue total beat a Street consensus estimate of $27.88 billion, according to data from Benzinga Pro. Tesla reported adjusted earnings of 48 cents per share, beating a Street consensus estimate of 43 cents per share.
Tesla shares dipped 5.4% to $365.77 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- NVE Corporation (NASDAQ:NVEC) shares dipped 22.8% to $79.54 in pre-market trading after the company reported a year-over-year decrease in second-quarter financial results.
- Cypherpunk Technologies Inc. (NASDAQ:CYPH) fell 12.4% to $2.9200 in pre-market trading after gaining over 18% on Wednesday.
- Alpha Teknova, Inc. (NASDAQ:TKNO) dipped 9.4% to $5.30 in pre-market trading. Teknova will report third quarter financial results on Nov. 4.
- Quantum Corporation (NASDAQ:QMCO) fell 9.2% to $16.00 in pre-market trading after declining 7% on Wednesday.
- Lam Research Corporation (NASDAQ:LRCX) fell 9.2% to $236.90 in pre-market trading after reporting first-quarter results.
- Hesai Group (NASDAQ:HSAI) fell 8.4% to $12.08 in pre-market trading. Hesai Group will report third quarter 2026 financial results on Tuesday, Nov. 10.
- Rollins, Inc. (NYSE:ROL) declined 6.8% to $31.20 in pre-market trading after the company reported worse-than-expected quarterly sales results.
- Innio N.V. (NASDAQ:INIO) fell 6.6% to $15.75 in pre-market trading.
- AXT, Inc. (NASDAQ:AXTI) declined 6.5% to $55.40 in pre-market trading.
- MaxLinear, Inc. (NASDAQ:MXL) fell 6.4% to $70.94 in pre-market trading.
- Kaiser Aluminum Corporation (NASDAQ:KALU) dipped 6.2% to $144.40 in pre-market trading after the company reported worse-than-expected quarterly adjusted EPS results.
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