U.S. stock futures were mixed this morning, with the Dow futures falling over 400 points on Friday.
Shares of DraftKings Inc (NASDAQ:DKNG) fell sharply in pre-market trading after the company reported worse-than-expected quarterly financial results and cut its FY26 sales guidance below estimates.
DraftKings reported third-quarter revenue of $1.329 billion, up 16% year-over-year. The revenue total missed a Street consensus estimate of $1.398 billion according to data from Benzinga Pro. The company reported an adjusted loss of 53 cents per share, missing a Street estimate of a loss of 39 cents per share.
DraftKings shares dipped 20.6% to $18.65 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Antelope Enterprise Holdings Ltd (NASDAQ:AEHL) shares dipped 38.4% to $10.74 in pre-market trading after jumping 178% on Thursday.
- Biodesix Inc (NASDAQ:BDSX) fell 36.4% to $12.60 in pre-market trading after the company reported third-quarter 2026 financial results and lowered its full-year revenue guidance to be between $101 million and $103 million.
- Funko Inc (NASDAQ:FNKO) fell 20.7% to $4.86 in pre-market trading following third-quarter results.
- Nerdwallet Inc (NASDAQ:NRDS) declined 17.6% to $9.40 in pre-market trading after the company reported worse-than-expected quarterly financial results.
- Workiva Inc. (NYSE:WK) fell 17% to $71.00 in pre-market trading following weak quarterly earnings.
- Five9 Inc (NASDAQ:FIVN) declined 16.9% to $28.38 in pre-market trading after the company reported third-quarter financial results and cut its FY26 adjusted EPS guidance below estimates.
- Turtle Beach Corp (NASDAQ:TBCH) dipped 16.3% to $13.94 in pre-market trading after the company reported worse-than-expected quarterly financial results.
- Kura Sushi USA Inc (NASDAQ:KRUS) declined 15.2% to $31.45 in pre-market trading after the company reported worse-than-expected quarterly financial results.
- Atlassian Corp (NASDAQ:TEAM) shares fell 14.3% to $157.00 in pre-market trading after the company reported first-quarter financial results and expects its second-quarter data center revenue growth guidance to decline by approximately 14% year over year.
- Natera, Inc. (NASDAQ:NTRA) dipped 12.6% to $318.00 in pre-market trading after the company reported mixed quarterly financial results.
- DENTSPLY SIRONA Inc. (NASDAQ:XRAY) fell 11.1% to $8.97 in pre-market trading after the company reported worse-than-expected third-quarter financial results and cut its FY26 adjusted EPS guidance below estimates.
- Axon Enterprise, Inc. (NASDAQ:AXON) dipped 11% to $340.41 in pre-market trading after the company reported worse-than-expected quarterly financial results and cut its FY26 sales guidance below estimates.
- Acadia Pharmaceuticals Inc. (NASDAQ:ACAD) fell 8.3% to $19.47 in pre-market trading.
- Lyft, Inc. (NASDAQ:LYFT) shares declined 8.1% to $16.40 in pre-market trading following quarterly results.
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