Baidu, Informatica And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Author: Avi Kapoor | February 18, 2025 08:12am
U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Tuesday.
Shares of Baidu, Inc. (NASDAQ:BIDU) fell in today's pre-market trading after the company reported a 2% decline in fourth-quarter revenue.
For the three months through December, Baidu reported a revenue of 34.12 billion yuan ($4.69 billion), versus market expectations of 33.32 billion yuan.
Baidu shares fell 2.2% to $95.35 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Matrix Service Company (NASDAQ:MTRX) shares dipped 30.2% to $10.61 in pre-market trading.
- LiveWire Group, Inc. (NASDAQ:LVWR) tumbled 22.5% to $2.02 in pre-market trading.
- Emerald Holding, Inc. (NYSE:EEX) shares fell 10.7% to $3.9100 in pre-market trading.
- AirJoule Technologies Corporation (NASDAQ:AIRJ) fell 6.8% to $7.42 in pre-market trading following a 4% decline on Friday.
- WideOpenWest, Inc. (NYSE:WOW) fell 6.7% to $4.19 in pre-market trading.
- Celldex Therapeutics, Inc. (NASDAQ:CLDX) declined 6.6% to $21.20 in pre-market trading.
- Grupo Financiero Galicia S.A. (NASDAQ:GGAL) fell 6.4% to $55.05 in pre-market trading.
- Graphic Packaging Holding Company (NYSE:GPK) declined 6% to $25.11 in pre-market trading.
- Informatica Inc. (NASDAQ:INFA) slipped 2.9% to $19.18 in pre-market trading. Informatica shares dipped around 22% on Friday after the company reported worse-than-expected fourth-quarter sales results and issued FY25 revenue guidance below estimates. Multiple analysts downgraded the stock following the report.
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