Adobe, FibroGen And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling more than 500 points on Friday.

Shares of Adobe Inc (NASDAQ:ADBE) fell in today's pre-market trading after the company reported second-quarter financial results and raised its FY25 guidance.

The company reported second-quarter revenue of $5.87 billion, beating analyst estimates of $5.79 billion, according to Benzinga Pro. The company reported second-quarter adjusted earnings of $5.06 per share, surpassing the estimated $4.96 per share.

Adobe slipped 1.8% to $406.55 in the pre-market trading session.

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

• Liminatus Pharma, Inc. (NASDAQ:LIMN) shares tumbled 16.2% to $17.03 in pre-market trading after jumping over 82% on Thursday.
• The Generation Essentials Group (NYSE:TGE) fell 10.6% to $8.46 in pre-market trading after dipping 14% o Thursday.
• VEON Ltd (NASDAQ:VEON) shares dipped 9.9% to $42.36 in pre-market trading after jumping 5% on Thursday.
• Arrive AI Inc. (NASDAQ:ARAI) fell 8.8% to $8.50 in pre-market trading after gaining around 10% on Thursday. Arrive AI recently announced it obtained another patent for its AI-powered smart mailbox platform designed for autonomous and conventional package delivery.
• SEALSQ Corp (NASDAQ:LAES) fell 7.3% to $3.94 in pre-market trading.
• Planet Labs PBC (NYSE:PL) fell 7.1% to $5.07 in pre-market trading. The company, on Thursday, announced a seven-figure NATO contract for daily monitoring and intelligence capabilities.
• Omada Health, Inc. (NASDAQ:OMDA) dipped 6.8% to $16.00 in pre-market trading.
• COMPASS Pathways plc (NASDAQ:CMPS) fell 6% to $4.2500 in pre-market trading.
• FibroGen, Inc. (NASDAQ:FGEN) fell 4.4% to $0.2949 in pre-market trading as the company reported a 1-for-25 reverse stock split.

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