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Major Stocks Slide in Pre-Market Despite Broader Market Gains

MarketDash Editorial Team
11 hours ago
Several big-name stocks are heading lower in Friday's pre-market session, with BlackBerry falling despite beating earnings expectations, Nike sliding on margin concerns, and FedEx dropping even after raising guidance.

U.S. stock futures started Friday on a positive note, with Nasdaq 100 futures climbing around 100 points. But not every stock got the memo about the good vibes.

The standout decliner was BlackBerry Ltd (BB), which fell despite actually delivering solid quarterly results. The company reported third-quarter revenue of $141.8 million, topping analyst estimates of $137.4 million. Adjusted earnings came in at 5 cents per share, beating the 4 cent consensus. Total revenue dipped about 1% year-over-year, but the company's QNX division showed momentum with 10% growth during the quarter.

So why the sell-off? Sometimes beating expectations isn't enough, especially when investors are looking for stronger growth signals. BlackBerry shares dropped 4.6% to $4.13 in pre-market trading.

Here's a look at other notable stocks moving lower before the opening bell:

Aimei Health Technology Co Ltd (AFJK) tumbled 15.8% to $44.00 in pre-market trading, giving back some of Thursday's explosive 100%-plus surge. What goes up dramatically often comes down just as fast.

Nike Inc (NKE) slid 9.9% to $59.11 despite reporting better-than-expected earnings and sales for the second quarter. The problem? Gross margins declined for the second straight quarter, raising concerns about pricing power and cost pressures at the athletic wear giant.

Aura Biosciences Inc (AURA) fell 5.2% to $5.48 in pre-market trading.

Strata Critical Medical Inc (SRTA) declined 4.1% to $5.00 in pre-market trading.

4D Molecular Therapeutics Inc (FDMT) dropped 3.2% to $8.41 in pre-market trading. Chardan Capital analyst Geulah Livshits maintained a Buy rating on the stock Thursday with a $26 price target, suggesting the analyst sees significant upside from current levels.

FedEx Corp (FDX) fell 2.2% to $281.00 in pre-market trading, illustrating one of the market's occasional head-scratchers. The shipping giant posted strong financial results for the second quarter of fiscal 2026 and raised its full-year guidance. Sometimes good news just isn't enough to satisfy investors looking for perfection.

DICK'S Sporting Goods Inc (DKS) slipped 2% to $206.00 in pre-market trading.

Back to News

Major Stocks Slide in Pre-Market Despite Broader Market Gains

MarketDash Editorial Team
11 hours ago
Several big-name stocks are heading lower in Friday's pre-market session, with BlackBerry falling despite beating earnings expectations, Nike sliding on margin concerns, and FedEx dropping even after raising guidance.

U.S. stock futures started Friday on a positive note, with Nasdaq 100 futures climbing around 100 points. But not every stock got the memo about the good vibes.

The standout decliner was BlackBerry Ltd (BB), which fell despite actually delivering solid quarterly results. The company reported third-quarter revenue of $141.8 million, topping analyst estimates of $137.4 million. Adjusted earnings came in at 5 cents per share, beating the 4 cent consensus. Total revenue dipped about 1% year-over-year, but the company's QNX division showed momentum with 10% growth during the quarter.

So why the sell-off? Sometimes beating expectations isn't enough, especially when investors are looking for stronger growth signals. BlackBerry shares dropped 4.6% to $4.13 in pre-market trading.

Here's a look at other notable stocks moving lower before the opening bell:

Aimei Health Technology Co Ltd (AFJK) tumbled 15.8% to $44.00 in pre-market trading, giving back some of Thursday's explosive 100%-plus surge. What goes up dramatically often comes down just as fast.

Nike Inc (NKE) slid 9.9% to $59.11 despite reporting better-than-expected earnings and sales for the second quarter. The problem? Gross margins declined for the second straight quarter, raising concerns about pricing power and cost pressures at the athletic wear giant.

Aura Biosciences Inc (AURA) fell 5.2% to $5.48 in pre-market trading.

Strata Critical Medical Inc (SRTA) declined 4.1% to $5.00 in pre-market trading.

4D Molecular Therapeutics Inc (FDMT) dropped 3.2% to $8.41 in pre-market trading. Chardan Capital analyst Geulah Livshits maintained a Buy rating on the stock Thursday with a $26 price target, suggesting the analyst sees significant upside from current levels.

FedEx Corp (FDX) fell 2.2% to $281.00 in pre-market trading, illustrating one of the market's occasional head-scratchers. The shipping giant posted strong financial results for the second quarter of fiscal 2026 and raised its full-year guidance. Sometimes good news just isn't enough to satisfy investors looking for perfection.

DICK'S Sporting Goods Inc (DKS) slipped 2% to $206.00 in pre-market trading.