nCino Posts Weak Earnings, Joins Tesla And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Benzinga
2025.04.02 11:32
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U.S. stock futures declined, with nCino, Inc. shares plummeting 31.5% to $19.30 after reporting weaker-than-expected fourth-quarter earnings. The company projected first-quarter revenues between $138.75 million and $140.75 million, with adjusted earnings of 15 to 16 cents per share. Other stocks also fell in pre-market trading, including Jayud Global Logistics (-78.3%), Waton Financial (-28%), and Tesla (-2.4%), as the market faced challenges from competition and economic factors.

U.S. stock futures were lower this morning, with the Dow futures falling more than 50 points on Wednesday.

Shares of nCino, Inc. NCNO fell sharply in today's pre-market trading after the company reported weaker-than-expected earnings for its fourth quarter.

The company also said it sees first-quarter total revenues of $138.75 million to $140.75 million and adjusted earnings of 15 cents to 16 cents per share.

nCino shares dipped 31.5% to $19.30 in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

  • Jayud Global Logistics Limited JYD shares fell 78.3% to $0.3490 in pre-market trading.
  • Waton Financial Limited WTF shares tumbled 28% to $14.30 in pre-market trading after jumping 396% on Tuesday.
  • Rapport Therapeutics, Inc. RAPP shares dipped 24.7% to $7.20 in pre-market trading following a 5% decline on Tuesday.
  • Newsmax, Inc. NMAX shares fell 21.2% to $183.73 in pre-market trading. Newsmax shares surged 179% on Tuesday on continued IPO launch strength.
  • Regencell Bioscience Holdings Limited RGC shares declined 9.6% to $26.21 in pre-market trading after falling 9% on Tuesday.
  • Microvast Holdings, Inc. MVST declined 7.7% to $1.43 in pre-market trading. Microvast Holdings shares jumped 32% on Tuesday after the company reported better-than-expected fourth-quarter financial results.
  • National CineMedia, Inc. NCMI fell 5.8% to $5.63 in pre-market trading.
  • MeridianLink, Inc. MLNK fell 5.7% to $17.70 in pre-market trading.
  • Hims & Hers Health, Inc. HIMS dipped 5.2% to $29.45 in pre-market trading. Hims & Hers Health shares gained 5% on Tuesday after the company announced it added Lilly’s Zepbound to its telehealth platform.
  • Tesla, Inc. TSLA fell 2.4% to $261.95 in pre-market trading. Tesla's sales in key European markets continued their downward trend in March, extending losses for a third consecutive month in multiple countries as the electric vehicle maker faces mounting challenges from Chinese competition and backlash against CEO Elon Musk‘s political activities

Now Read This:

  • UniFirst, BlackBerry And 3 Stocks To Watch Heading Into Wednesday

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