Apple Reports Q1 Results, Joins Skechers, Atlassian And Other Big Stocks Moving Lower In Friday’s Pre-Market Session

U.S. stock futures were mostly higher this morning, with the Nasdaq futures gaining around 175 points on Friday.

U.S. stock futures were mostly higher this morning, with the Nasdaq futures gaining around 175 points on Friday.

Shares of Apple Inc. (NASDAQ:AAPL) shares fell in today’s pre-market trading following quarterly results.

Apple reported better-than-expected earnings and revenue for its first quarter. The iPhone maker reported first-quarter earnings per share of $2.18 and revenue of $119.6 billion, thanks to record Services revenue and iPhone revenue. However, the company reported a revenue decline in China.

Apple shares declined 2.5% to $182.18 in pre-market trading.

Here are some big stocks recording losses in today’s pre-market trading session.

  • Skechers U.S.A., Inc. (NYSE:SKX) shares fell 10.9% to $56.65 in pre-market trading after the company reported mixed fourth-quarter financial results.
  • Atlassian Corporation (NASDAQ:TEAM) shares declined 7.4% to $236.00 in pre-market trading after the company reported second-quarter financial results.
  • Eve Holding, Inc. (NYSE:EVEX) shares fell 3.1% to $5.70 in pre-market trading after declining 5% on Thursday.
  • Mitek Systems, Inc. (NASDAQ:MITK) shares declined 2.9% to $12.61 in pre-market trading after gaining 3% on Thursday.
  • GigaCloud Technology Inc. (NASDAQ:GCT) shares fell 2.8% to $24.00 in pre-market trading after jumping 11% on Thursday.
  • Microchip Technology Incorporated (NASDAQ:MCHP) shares declined 2.5% to $83.50 in pre-market trading after the company issued weak forecast for the fourth quarter.

 

Now Read This: Investor Optimism Improves Following Earnings, Economic Reports; Dow Jumps Over 350 Points

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