YELP - Akamai Technologies Issues Weak Outlook Joins Applied Optoelectronics JFrog And Other Big Stocks Moving Lower In Friday's Pre-Market Session | Benzinga
U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Friday.
Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) fell sharply in today's pre-market trading after the company issued weak guidance.
The company said it sees FY24 adjusted EPS of $6.20 to $6.40 compared to market estimates of $6.73. It expects revenue of $3.95 billion to $4.02 billion, versus expectations of $4.08 billion, according to data from Benzinga Pro.
Akamai Technologies shares dipped 10.4% to $91.73 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
- MacroGenics, Inc. (NASDAQ:MGNX) shares tumbled 64.5% to $5.20 ...