Alibaba Posts Downbeat Earnings, Joins Guardian Pharmacy, Micron And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were slightly lower this morning, with the S&P 5000 futures falling around 0.1% on Thursday.Shares of Alibaba Group Holding Ltd – ADR (NYSE:BABA) fell sharply in pre-market trading after the company announced downbeat quarterly results.Alibaba reported third-quarter earnings of $1.01 per share which missed the analyst consensus estimate of $1.73 per share. The company reported quarterly sales of $40.732 billion which missed the analyst consensus estimate of $41.260 billion.Alibaba shares ...