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Tesla, IBM, Molina Healthcare And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
Benzingaยท2025-10-23 12:11

Group 1: Tesla Inc - Tesla reported third-quarter revenue of $28.095 billion, representing a 12% year-over-year increase, surpassing the Street consensus estimate of $26.239 billion [1] - The company's earnings per share for the third quarter were 50 cents, which missed the Street consensus estimate of 54 cents per share [1] - Tesla shares fell 3.2% to $424.88 in pre-market trading following the earnings report [2] Group 2: Other Companies - Molina Healthcare, Inc. shares dipped 19.8% to $156.00 after issuing FY2025 adjusted EPS guidance below expectations [4] - Beyond Meat, Inc. shares fell 17.8% to $2.94 after a significant surge earlier in the week due to its addition to the Roundhill Meme Stock ETF [4] - Ribbon Communications Inc. declined 11% to $3.56 after reporting worse-than-expected third-quarter results and issuing Q4 sales guidance below estimates [4] - Krispy Kreme, Inc. shares fell 8.9% to $3.67 in pre-market trading [4] - IBM reported better-than-expected third-quarter financial results and expects constant currency revenue growth of "more than" 5% for full-year 2025, up from prior guidance of "at least" 5% [4] - Centene Corporation declined 5.9% to $33.89, potentially affected by Molina Healthcare's guidance [4]