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Globant, Doximity, Applied Materials And Other Big Stocks Moving Lower In Friday's Pre-Market Session
GLOBGlobant(GLOB) Benzinga·2025-05-16 13:09

Group 1: Market Overview - U.S. stock futures were higher, with Dow futures gaining around 100 points on Friday [1] Group 2: Globant S.A. Performance - Globant reported quarterly earnings of 1.50pershare,missingtheanalystconsensusestimateof1.50 per share, missing the analyst consensus estimate of 1.58 per share [2] - The company reported quarterly sales of 611.09million,whichalsomissedtheanalystconsensusestimateof611.09 million, which also missed the analyst consensus estimate of 621.38 million [2] - Globant shares dipped 26.2% to 98.00inpremarkettradingfollowingthedisappointingresultsandloweredguidance[2]Group3:OtherCompaniesPerformanceDoximity,Inc.sharesdipped22.198.00 in pre-market trading following the disappointing results and lowered guidance [2] Group 3: Other Companies' Performance - Doximity, Inc. shares dipped 22.1% to 45.52 after issuing FY26 sales guidance below estimates [4] - Travere Therapeutics, Inc. declined 15.2% to 17.94aftertheFDAaccepteditssupplementalNewDrugApplicationforFILSPARI[4]ArriveAIInc.fell13.217.94 after the FDA accepted its supplemental New Drug Application for FILSPARI [4] - Arrive AI Inc. fell 13.2% to 11.50 after a significant drop of 67% on Thursday [4] - BRF S.A. dropped 11.1% to 3.19aftergaining33.19 after gaining 3% on Thursday [4] - Lithium Americas Corp. dipped 10.8% to 2.82 after filing for a mixed shelf of up to 1.0billion[4]KULRTechnologyGroup,Inc.fell10.11.0 billion [4] - KULR Technology Group, Inc. fell 10.1% to 1.33 after missing EPS and revenue estimates [4] - Applied Materials, Inc. fell 5.8% to 164.65despitereportingbetterthanexpectedearningsforitssecondquarter[4]TakeTwoInteractiveSoftware,Inc.fell3.7164.65 despite reporting better-than-expected earnings for its second quarter [4] - Take-Two Interactive Software, Inc. fell 3.7% to 223.68, reporting fourth-quarter net bookings of $1.58 billion, up 17% year-over-year [4]