WB - Pure Storage Issues Weak Forecast Joins Frontline Weibo And Other Big Stocks Moving Lower In Thursday's Pre-Market Session | Benzinga
U.S. stock futures traded higher this morning, with the Dow Jones futures gaining more than 150 points on Thursday.
Shares of Pure Storage, Inc. (NYSE: PSTG) shares tumbled in pre-market trading after the company reported worse-than-expected third-quarter revenue results and issued FY24 revenue guidance below estimates.
The company posted quarterly revenue of $762.8 million missing estimates of $763.362 million. The company’s quarterly earnings came in at 50 cents per share, versus estimates of 40 cents per share.
Pure Storage shares ...