ZI - MaxLinear Reports Q4 Results Joins ING Wolfspeed And Other Big Stocks Moving Lower In Thursday's Pre-Market Session | Benzinga
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 90 points on Thursday.
Shares of MaxLinear, Inc. (NYSE: MXL) shares fell sharply during Thursday’s pre-market trading after reporting fourth-quarter results.
MaxLinear posted adjusted earnings of 1 cent per share, compared to market estimates of 1 cent per share. The company’s quarterly sales came in at $125.35 million versus expectations of $125.11 million, according to data from Benzinga Pro.
MaxLinear shares dipped 13.4% to $18.00 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading session.
- ING Groep N.V. ...