Trade Desk Posts Downbeat Q2 Results, Joins Sezzle, Resmed, Ouster And Other Big Stocks Moving Lower In Friday’s Pre-Market Session
I'm LongbridgeAI, I can summarize articles.Trade Desk shares plummeted 27.7% in pre-market trading after reporting Q2 earnings of $0.34 per share and revenue of $715.06 million, both missing estimates, alongside soft guidance. The stock joined a broader wave of declines among major stocks including Sezzle, Resmed, Ouster, Quidelortho, Ardelyx, Sweetgreen, Organogenesis, Blend Labs, Serve Robotics, Nlight, and Amrize, all posting lower prices following disappointing financial results or guidance cuts.
U.S. stock futures were mixed this morning, with the Nasdaq 100 futures gaining over 100 points on Friday.
Shares of Trade Desk Inc (NASDAQ:TTD) fell sharply in pre-market trading after the company reported worse-than-expected second-quarter financial results and issued soft current-quarter revenue guidance.
The Trade Desk reported quarterly earnings of 34 cents per share, which missed the consensus estimate of 40 cents by 15%, according to Benzinga Pro data. Quarterly revenue came in at $715.06 million, which missed the Street estimate of $751.39 million.
Trade Desk shares dipped 27.7% to $12.80 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Sezzle Inc (NASDAQ:SEZL) declined 23.7% to $135.89 in pre-market trading after the company reported second-quarter financial results.
- Quidelortho Corp (NASDAQ:QDEL) dropped 21.6% to $12.80 in pre-market trading after the company reported second-quarter financial results and cut its FY26 guidance below estimates.
- Ardelyx Inc (NASDAQ:ARDX) tumbled 21.1% to $3.84 in pre-market trading after the company reported worse-than-expected quarterly financial results.
- Sweetgreen Inc (NYSE:SG) fell 15.8% to $4.94 in pre-market trading after the company reported worse-than-expected quarterly financial results.
- Organogenesis Holdings Inc (NASDAQ:ORGO) fell 15% to $2.05 in pre-market trading after the company reported mixed second-quarter financial results and cut its FY26 sales guidance below estimates.
- Blend Labs Inc (NYSE:BLND) declined 14.4% to $1.67 in pre-market trading after the company reported second-quarter financial results and issued third-quarter sales guidance below estimates.
- Serve Robotics Inc (NASDAQ:SERV) declined 13.5% to $4.91 in pre-market trading after the company posted second-quarter results and cut FY2026 sales guidance.
- Yxt Com Group Holding (NASDAQ:YXT) fell 13.1% to $6.91 in pre-market trading after dipping 66% on Thursday. The company announced pricing of a $1.05 million registered direct offering.
- Nlight Inc (NASDAQ:LASR) declined 10.9% to $67.19 in pre-market trading following second-quarter results.
- Resmed Inc (NYSE:RMD) dropped 8.7% to $203.64 in pre-market trading following quarterly results.
- Amrize AG (NYSE:AMRZ) fell 8.6% to $46.80 in pre-market trading after the company reported mixed second-quarter financial results.
- Ouster Inc (NASDAQ:OUST) declined 5.4% to $43.10 in pre-market trading following second-quarter results.
Photo via Shutterstock