NetApp shares fall 8.2% after quarterly results; Ultragenyx tumbles 45.4%

  • NetApp shares fell after the company released first-quarter results.
  • NetApp reported $2.58 earnings per share and $2.03 billion in quarterly revenue.
  • Ultragenyx said its Phase 3 Aspire study missed both specified endpoints.

U.S. stock futures were higher Thursday morning, with Dow futures gaining around 100 points, even as several companies fell in pre-market trading. NetApp shares dropped 8.2% to $165.97 after the company reported first-quarter earnings of $2.58 per share, beating the $2.12 consensus estimate by 21.7%, according to Benzinga Pro data. Revenue reached $2.03 billion, above the Street estimate of $1.84 billion and up from $1.56 billion a year earlier. Ultragenyx Pharmaceutical plunged 45.4% to $14.48 after reporting that its Phase 3 Aspire study for apazunersen missed its primary endpoint, the change from baseline in the Bayley-4 cognitive raw score, and its key secondary endpoint, net response in the Multidomain Responder Index. Methode Electronics fell 10% to $16.24 after mixed quarterly results. Viking Acquisition Corp I declined 8.4% to $9 after falling around 7% Wednesday, while SL Science Holding dropped 7% to $3.08 after rising more than 18% the previous day. Hewlett Packard Enterprise fell 4.7% to $49.40 following third-quarter results, and Trip.com Group declined 4.5% to $41.65. Trip.com said it will report second-quarter and first-half 2026 financial results on Sept. 15. Titan Mining fell 3.3% to $2.98 after gaining around 10% Wednesday. SK Hynix declined 3% to $160.23, while JinkoSolar fell 2.7% to $12.12 after recently reporting worse-than-expected quarterly financial results.

本网站上的信息是使用AI生成的,我们无法保证其准确性。 请仅作为参考信息使用。