U.S. stock futures were higher this morning, with the Dow futures gaining by around 100 points on Thursday.
Shares of Hello Group Inc. (NASDAQ: MOMO) fell sharply in today’s pre-market trading after the company reported fourth-quarter financial results and issued first-quarter revenue guidance.
Hello Group posted adjusted earnings of 37 cents per share, compared to estimates of 34 cents per share. The company’s quarterly sales came in at $422.95 million versus expectations of $405.61 million, according to data from Benzinga Pro.
Hello Group said it sees first-quarter net revenue of RMB2.45 billion to RMB2.55 billion.
Hello Group shares dipped 19.1% to $6.21 in ...