Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Avi Kapoor

Tesla Posts Downbeat Earnings, Joins Community Health Systems, Chipotle Mexican Grill And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Tesla Inc.

U.S. stock futures were mixed this morning, with the Dow futures falling around 100 points on Thursday.

Shares of Tesla, Inc. (NASDAQ:TSLA) fell sharply in pre-market trading as the company reported weaker-than-expected second-quarter financial results after market close Wednesday.

Tesla reported second-quarter revenue of $22.5 billion, down 12% year-over-year. The revenue missed a Street consensus estimate of $22.8 billion according to data from Benzinga Pro. Tesla's earnings per share were $0.40 in the quarter, missing the Street consensus estimate of $0.42 per share.

Tesla shares dipped 6.5% to $310.99 in the pre-market trading session.

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

  • Community Health Systems, Inc. (NYSE:CYH) dipped 21.9% to $3.03 in pre-market trading after the company posted second-quarter results.
  • Helix Energy Solutions Group, Inc. (NYSE:HLX) declined 14.1% to $5.97 in pre-market trading as the company posted downbeat second-quarter results and lowered its FY2025 sales guidance.
  • Galapagos NV (NASDAQ:GLPG) fell 13.4% to $28.78 in pre-market trading. Galapagos posted a second-quarter loss of $1.45 per share.
  • Chipotle Mexican Grill, Inc. (NYSE:CMG) fell 10.6% to $47.21 in pre-market trading after the company reported worse-than-expected quarterly sales results.
  • STMicroelectronics N.V. (NYSE:STM) fell 10.3% to $28.52 in pre-market trading following downbeat quarterly earnings.
  • Viking Therapeutics, Inc. (NASDAQ:VKTX) declined 7.4% to $30.93 in pre-market trading after the company reported worse-than-expected quarterly EPS results.
  • Krispy Kreme, Inc. (NASDAQ:DNUT) fell 6.3% to $4.0500 in pre-market trading following a 5% gain on Wednesday.
  • International Business Machines Corporation (NYSE:IBM) fell 5.3% to $267.10 in pre-market trading following quarterly results.
  • QuantumScape Corporation (NYSE:QS) declined 4.8% to $12.18 in pre-market trading after posting second-quarter results.

Now Read This:

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.