Mattel Posts Downbeat Earnings, Joins Lyft, Robinhood And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

-0.02%

+3.01%

-0.53%

+0.12%

+0.47%

Alamos Gold Inc. AGI	49.88	-0.02%
AgomAb Therapeutics NV ADR AGMB	14.03	+3.01%
Astera Labs ALAB	118.56	-0.53%
Amentum Holdings Inc TEMP AMTM	30.05	+0.12%
Robinhood Markets, Inc. Class A HOOD	77.45	+0.47%

U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Wednesday.

Shares of Mattel Inc (NASDAQ:MAT) fell sharply in pre-market trading as the company posted downbeat earnings for the fourth quarter.

The company reported quarterly earnings of 39 cents per share, which missed the consensus estimate of 54 cents by 27.64%, according to data from Benzinga Pro. Quarterly revenue came in at $1.77 billion, which missed the analyst consensus estimate of $1.84 billion.

Mattel shares dipped 31% to $14.53 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

Angi Inc (NASDAQ:AGI) dipped 20.2% to $9.55 in pre-market trading after the company reported worse-than-expected quarterly EPS results.
Rapid7 Inc (NASDAQ:RPD) fell 19.2% to $8.40 in pre-market trading after the company reported fourth-quarter financial results and issued first-quarter guidance below estimates. Also, the company issued FY26 guidance below estimates.
LYFT Inc (NASDAQ:LYFT) shares dipped 17.7% to $13.86 in pre-market trading after the company reported worse-than-expected quarterly sales results.
Astera Labs Inc (NASDAQ:ALAB) fell 12.4% to $160.00 in pre-market trading after posting fourth-quarter results.
Amentum Holdings Inc (NYSE:AMTM) fell 12.8% to $31.90 in pre-market trading after the company reported mixed quarterly financial results.
Agomab Therapeutics NV (NASDAQ:AGMB) dipped 11.6% to $13.75 in pre-market trading.
Moderna Inc (NASDAQ:MRNA) declined 9.6% to $37.96 in pre-market trading as the company received Refusal-to-File letter from the U.S. Food and Drug Administration for its investigational seasonal influenza vaccine, mRNA-1010.
Centrus Energy Corp (NYSE:LEU) declined 8.3% to $242.90 in pre-market trading after the company released its fourth-quarter earnings report, missing estimates on the top and bottom lines.
Pegasystems Inc (NASDAQ:PEGA) fell 6.4% to $40.27 in pre-market trading following fourth-quarter results.
Robinhood Markets Inc (NASDAQ:HOOD) declined 6.1% to $80.41 in pre-market trading after the company reported worse-than-expected quarterly sales results.
NetEase Inc (NASDAQ:NTES) fell 4.4% to $118.10 in pre-market trading following weak quarterly results.

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