Block Posts Downbeat Q3 Results, Joins Archer Aviation, DraftKings And Other Big Stocks Moving Lower In Friday's Pre-Market Session
Author: Avi Kapoor | November 07, 2025 06:29am
U.S. stock futures were lower this morning, with the Nasdaq futures falling around 100 points on Friday.
Shares of Block, Inc. (NYSE:XYZ) fell sharply in pre-market trading after the company reported worse-than-expected third-quarter financial results.
Block reported quarterly earnings of 54 cents per share, which missed the consensus estimate of 67 cents. Quarterly revenue came in at $6.11 billion, which missed the Street estimate of $6.312 billion.
Block shares dipped 14.4% to $60.75 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Treace Medical Concepts, Inc. (NASDAQ:TMCI) shares dipped 36.4% to $3.96 in pre-market trading after the company reported third-quarter financial results and cut its FY25 sales guidance below estimates.
- AirSculpt Technologies, Inc. (NASDAQ:AIRS) declined 28.6% to $7.48 in pre-market trading after the company posted downbeat quarterly results.
- Intellia Therapeutics, Inc. (NASDAQ:NTLA) tumbled 27.5% to $8.89 in pre-market trading after the company reported weak quarterly sales.
- Fox Factory Holding Corp. (NASDAQ:FOXF) fell 26.2% to $16.21 in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued fourth-quarter guidance below estimates. Also, the company cut its FY25 guidance below estimates.
- Power Solutions International, Inc. (NASDAQ:PSIX) shares fell 22.5% to $63.00 in pre-market trading after reporting third-quarter results.
- Opendoor Technologies Inc. (NASDAQ:OPEN) declined 22.5% to $5.05 in pre-market trading after the company reported third-quarter results.
- Universal Display Corporation (NASDAQ:OLED) fell 15.4% to $114.50 in pre-market trading after the company posted weak quarterly results.
- Archer Aviation Inc. (NYSE:ACHR) declined 11.4% to $7.85 in pre-market trading after the company reported third-quarter financial results. The company announced it will acquire Hawthorne Airport.
- DraftKings Inc. (NASDAQ:DKNG) fell 8% to $25.77 in pre-market trading after the company reported worse-than-expected third-quarter sales results and cut its FY25 sales guidance below estimates.
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Posted In: ACHR AIRS DKNG FOXF NTLA OLED OPEN PSIX TMCI XYZ
