Starbucks Posts Weak Earnings, Joins Super Micro Computer, Snap And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Wednesday.

Shares of Starbucks Corporation (NASDAQ:SBUX) fell sharply in today's pre-market trading as the company reported weaker-than-expected second-quarter financial results.

The coffee giant reported second-quarter adjusted earnings of 41 cents per share, missing analyst estimates of 50 cents per share.

Starbucks shares dipped 6.5% to $79.33 in the pre-market trading session.

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

• InnovAge Holding Corp. (NASDAQ:INNV) shares dipped 17.4% to $2.52 in pre-market trading. InnovAge will announce fiscal third quarter 2025 financial results and host conference call Tuesday, May 6.
• Tenable Holdings, Inc. (NASDAQ:TENB) shares fell 17% to $27.95 in pre-market trading after the company cut its FY25 sales guidance.
• Super Micro Computer, Inc. (NASDAQ:SMCI) declined 15.1% to $30.57 in pre-market trading after the company lowered its preliminary guidance.
• Snap Inc. (NYSE:SNAP) dipped 13.5% to $7.87 in pre-market trading as the company reported first-quarter financial results and announced it will not provide second-quarter guidance.
• Wabash National Corporation (NYSE:WNC) fell 13.3% to $8.64 in pre-market trading following weaker-than-expected quarterly results.
• First Solar, Inc. (NASDAQ:FSLR) dipped 13.1% to $119.25 in pre-market trading after the company reported worse-than-expected first-quarter EPS results and cut its FY25 guidance.
• Unum Group (NYSE:UNM) tumbled 9.1% to $72.00 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
• Vicor Corporation (NASDAQ:VICR) fell 7.3% to $48.12 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
• Garmin Ltd. (NASDAQ:GRMN) declined 5.4% to $193.00 in pre-market trading after posting weak earnings.
• Bausch + Lomb Corporation (NYSE:BLCO) fell 5.3% to $12.99 in pre-market trading following downbeat first-quarter results.

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