Robinhood Posts Downbeat Q1 Results, Joins Enphase Energy, Avis Budget And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Avis Budget Group, Inc. CAR	0.00	0.00%
Daqo New Energy Corp Sponsored ADR DQ	0.00	0.00%
Eagle Bancorp Montana, Inc. EBMT	0.00	0.00%
Enphase Energy, Inc. ENPH	0.00	0.00%
Robinhood HOOD	0.00	0.00%

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

Shares of Robinhood Markets Inc (NASDAQ:HOOD) fell sharply in pre-market trading after the company reported worse-than-expected first-quarter financial results.

Robinhood reported first-quarter revenue of $1.07 billion, up 15% year-over-year. The revenue total missed a Street consensus estimate of $1.18 billion, according to data from Benzinga Pro. The company reported earnings per share of 38 cents in the quarter, missing a Street consensus estimate of 46 cents per share.

Robinhood shares dipped 10.7% to $73.30 in pre-market trading.

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

O-i Glass, Inc (NYSE:OI) fell 20.9% to $8.10 in pre-market trading after the company reported mixed first-quarter financial results and cut its FY26 adjusted EPS guidance below estimates.
Rocky Brands Inc (NASDAQ:RCKY) fell 17.8% to $36.01 in pre-market trading following downbeat first-quarter earnings.
Western New England Bancorp Inc (NASDAQ:WNEB) fell 16% to $11.91 in pre-market trading following first-quarter results.
Syntec Optics Holdings Inc (NASDAQ:OPTX) dipped 12.2% to $7.20 in pre-market trading as the company announced pricing of $20 million underwritten public offering of common stock.
Eagle Bancorp Montana Inc (NASDAQ:EBMT) dipped 11.7% to $19.51 in pre-market trading after posting first-quarter results.
Enphase Energy Inc (NASDAQ:ENPH) dipped 11.1% to $30.50 in pre-market trading after the company reported mixed first-quarter financial results.
Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) declined 9.1% to $2.00 in pre-market trading. Trident Digital Tech posted a FY loss of 3 cents per share.
Orange County Bancorp Inc (NASDAQ:OBT) fell 9% to $33.00 in pre-market trading following quarterly results.
South Plains Financial Inc (NASDAQ:SPFI) declined 8.8% to $40.00 in pre-market trading following weak quarterly sales.
Daqo New Energy Corp (NYSE:DQ) fell 8.6% to $20.06 in pre-market trading after announcing unaudited first quarter financial results.
Intellia Therapeutics Inc (NASDAQ:NTLA) declined 7.4% to $12.23 in pre-market trading after announcing pricing of public offering of common stock.
Avis Budget Group Inc (NASDAQ:CAR) declined 6.7% to $169.82 in pre-market trading following first-quarter results.

Photo via Shutterstock

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