Lyft, Atlassian, Microchip Technology And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures traded higher this morning. Here are some big stocks recording losses in today’s pre-market trading session.

• Trupanion, Inc. (NASDAQ: TRUP) shares dipped 45.9% to $19.45 in pre-market trading after the company reported mixed Q1 results and said veterinary inflation pressured margins.
• Qurate Retail, Inc. (NASDAQ: QRTEB) dropped 18.5% to $5.83 in pre-market trading after jumping 75% on Thursday.
• Lyft, Inc. (NASDAQ: LYFT) shares declined 16.5% to $8.92 in pre-market trading after the company issued Q2 revenue guidance below estimates. Additionally, gross profit margin fell year over year.
• Atlassian Corporation (NASDAQ: TEAM) shares dipped 15.7% to $126.52 in pre-market trading after the company issued soft FY23 guidance.

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• TOP Financial Group Limited (NASDAQ: TOP) shares fell 7.8% to $16.12 in pre-market trading after dropping over 79% on Thursday.
• Silicon Motion Technology Corporation (NASDAQ: SIMO) shares dropped 6.6% to $54.58 in pre-market trading following downbeat Q1 results.
• MasTec, Inc. (NYSE: MTZ) shares dropped 5.5% to $81.00 in pre-market trading after the company lowered its FY23 earnings outlook.
• Microchip Technology Incorporated (NASDAQ: MCHP) fell 5.4% to $71.90 in pre-market trading after the company reported Q4 results.

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