premarket decline

5 articles
BenzingaBenzinga··Lekha Gupta

IBM Stock Tumbles 7.6% Despite Earnings Beat as Revenue Growth Sharply Decelerates

IBM stock fell 7.64% despite beating earnings as revenue growth slowed to 9% and software segment cooled, raising AI disruption concerns.
NOWIBMAI disruptionpremarket decline
BenzingaBenzinga··Lekha Gupta

Local Bounti Shares Plummet 21% Despite Strong Q4 Results and Growth Outlook

$LOCL drops 21% in premarket despite 27% revenue growth and better-than-expected earnings, citing technical overbought conditions.
LOCLtechnical analysisrevenue growth
BenzingaBenzinga··Lekha Gupta

DuPont Shares Slip Despite Innovation Push as Market Risk Appetite Fades

$DD declined 1.47% on weak market sentiment, though new ultrafiltration modules signal product innovation. Stock trades above key moving averages with Buy ratings intact.
XLBDDDGTtechnical analysispremarket decline
BenzingaBenzinga··Lekha Gupta

Plug Power Shares Slip Despite Revenue Growth and Leadership Transition

$PLUG drops 2.82% in premarket trading as technical weakness overshadows 12.9% revenue growth and new CEO appointment.
PLUGrevenue growthpremarket decline
BenzingaBenzinga··Lekha Gupta

Rackspace Stock Tumbles on Disappointing 2026 Guidance Despite Q4 Earnings Beat

Rackspace stock fell 6% after beating Q4 earnings but issuing weak 2026 guidance, projecting negative EPS and lower revenue than expected.
RXTearningsguidance