Dell Technologies, Open Text And Some Other Big Stocks Moving Lower In Today's Pre-Market Session

Author: Lisa Levin | August 26, 2022 07:49am

• Affirm Holdings, Inc. (NASDAQ:AFRM) shares fell 12.7% to $27.27 in pre-market trading after the company reported worse-than-expected Q4 EPS results and issued Q1 FY23 sales guidance below estimates.
• Danimer Scientific, Inc. (NASDAQ:DNMR) fell 8.4% to $4.59 in pre-market trading. Danimer Scientific filed for mixed-securities shelf offering of up to $100 million.
• Open Text Corporation (NASDAQ:OTEX) dropped 8.5% to $34.09 in pre-market trading as the company announced plans to acquire Micro Focus International plc (NYSE:MFGP) for $6 billion.
• Seagen Inc. (NASDAQ:SGEN) fell 8.1% to $151.00 in pre-market trading after Bloomberg reported acquisition talks with Merck stalled over purchase price.
• Golden Ocean Group Limited (NASDAQ:GOGL) fell 7% to $10.10 in pre-market trading. Golden Ocean Group recently reported a second-quarter FY22 revenue increase of 14.9% year-over-year to $316.66 million.
• Zhihu Inc (NYSE:ZH) declined 6.5% to $1.44 in pre-market trading after surging over 11% on Thursday.
• Bilibili Inc. (NASDAQ:BILI) shares fell 5.3% to $25.90 in pre-market trading after climbing 12% on Thursday.
• Dell Technologies Inc. (NYSE:DELL) fell 4.9% to $45.55 in pre-market trading. Dell Technologies reported upbeat earnings for its second quarter, while sales missed estimates.

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Posted In: AFRM BILI DELL DNMR GOGL MFGP OTEX SGEN ZH