Benzinga - by Avi Kapoor, Benzinga Staff Writer.
U.S. stock futures were mixed this morning, with the Dow futures trading lower by around 15 points on Friday.
Shares of Expedia Group, Inc. (NASDAQ: EXPE) fell sharply in today’s pre-market trading after the company reported fourth-quarter financial results and named Ariane Gorin as CEO.
Expedia Group reported quarterly earnings of $1.72 per share which beat the analyst consensus estimate of $1.68. The company reported quarterly sales of $2.89 billion, beating the analyst consensus estimate of $2.88 billion, according to data from Benzinga Pro.
Expedia reported record full year lodging gross bookings which grew by 11% and record hotel gross bookings which grew 18%, compared to 2022.
Expedia shares dipped 13.3% to $138.23 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading session.
- The Children's Place, Inc. (NASDAQ: PLCE) shares fell 17.5% to $16.30 in pre-market trading.
- Pinterest, Inc. (NYSE: PINS) shares tumbled 10.4% to $36.50 in pre-market trading. Pinterest reported upbeat earnings for its fourth quarter, while sales missed estimates. The company said it sees first-quarter revenue in the range of $690 million to $705 million versus estimates of $702.36 million.
- Affirm Holdings, Inc. (NASDAQ: AFRM) shares dipped 10.4% to $44.11 in pre-market trading after the company reported second-quarter financial results.
- Take-Two Interactive Software, Inc. (NASDAQ: TTWO) declined 8.9% to $154.50 in pre-market trading. Take-Two reported third-quarter total net bookings of $1.34 billion, down 3% year-over-year. The company also revised its 2024 net bookings forecast to $5.25 billion and $5.3 billion, down from $5.45 billion and $5.55 billion earlier.
- Sasol Limited (NYSE: SSL) shares fell 6.5% to $7.60 in pre-market trading.
- Airbnb, Inc. (NASDAQ: ABNB) shares declined 3.4% to $145.47 in pre-market trading after gaining 2% on Thursday.
- Spirit Airlines, Inc. (NYSE: SAVE) shares fell around 3% to $6.97 in pre-market trading. Spirit Airlines recently reported a fourth-quarter fiscal 2023 revenue decline of 5% Y/Y to $1.322 billion, beating the consensus of $1.317 billion.
- Illumina, Inc. (NASDAQ: ILMN) shares declined 2.7% to $139.47 in pre-market trading following fourth-quarter results.
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