Mondelez International, Stride, Varonis Systems And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Summary of Key Points Core Viewpoint - U.S. stock futures showed mixed results, with a notable decline in Dow futures, while Mondelez International faced a significant drop in share price following a reduction in FY2025 earnings guidance [1][2]. Mondelez International - Mondelez International reported quarterly earnings of 73 cents per share, surpassing the analyst consensus estimate of 71 cents per share [1]. - The company achieved quarterly sales of $9.744 billion, exceeding the analyst consensus estimate of $9.713 billion [1]. - Mondelez cut its FY2025 adjusted EPS guidance from $3.02 to $2.86, leading to a 5.8% decline in its share price to $56.74 in pre-market trading [2]. Other Companies - Stride Inc experienced a 36.4% drop in share price to $97.69 after providing second-quarter sales guidance below analyst estimates [4]. - Varonis Systems Inc saw a 30.1% decline to $44.06 following third-quarter revenue that fell short of estimates and a disappointing fourth-quarter guidance [4]. - Akebia Therapeutics Inc's shares fell 29.9% to $2.17 after announcing it would not initiate the VALOR trial due to FDA alignment issues [4]. - Inventiva's shares dipped 15.2% to $4.47 after a previous 24% drop [4]. - DBV Technologies SA saw a 10.7% decline to $13.90 following third-quarter results [4]. - Caesars Entertainment Inc's shares fell 8.9% to $20.13 after reporting third-quarter earnings and revenue below estimates [4]. - Enphase Energy Inc's shares dropped 8.5% to $33.59 after providing fourth-quarter sales guidance below analyst expectations [4]. - Ryerson Holding Corp declined 7.1% to $21.90 following a merger announcement with Olympic Steel [4]. - Modine Manufacturing Co dipped 6.3% to $151.83 after second-quarter results [4]. - Nokia Oyj's shares fell 5.2% to $7.37 in pre-market trading [4].