Airbnb Reports Weak Earnings, Joins Cryoport, Tripadvisor, Lyft And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session EBS, Lyft, Airbnb, Progyny, Cryoport, Nevro Corp., Tripadvisor, The RealReal, Trex Company, Ashland Inc., Expedia Group, Rivian Automotive, ACADIA Pharmaceuticals, National Vision Holdings by https://www.benzinga.com/
AI Insights:
Simple Explanation:
Some big companies like Airbnb, ZoomInfo Technologies, Emergent BioSolutions, and others had their stock prices go down a lot in the time before the stock market opens for the day. This happens because they did not do as well as people expected in their businesses, and people are worried that their stocks might not be worth as much money as before. Read from source...
Critical Perspective:
- The article does not provide a clear reason for the downgrade of Airbnb's stock, only mentioning that it joined other big stocks moving lower.
- The article does not provide a clear reason for the downgrade of ZoomInfo Technologies, only mentioning that it dipped in pre-market trading.
- The article does not provide a clear reason for the downgrade of Emergent BioSolutions, only mentioning that it dipped in pre-market trading and posted a loss for the second quarter.
- The article does not provide a clear reason for the downgrade of Nevro Corp., only mentioning that it dipped in pre-market trading and reported worse-than-expected second-quarter sales results.
- The article does not provide a clear reason for the downgrade of National Vision Holdings, only mentioning that it dipped in pre-market trading following weak quarterly sales.
- The article does not provide a clear reason for the downgrade of Cryoport, only mentioning that it slipped in pre-market trading after posting weak quarterly sales.
- The article does not provide a clear reason for the downgrade of The RealReal, only mentioning that it dipped in pre-market trading following second-quarter results.
- The article does not provide a clear reason for the downgrade of Trex Company, only mentioning that it dipped in pre-market trading after reporting worse-than-expected second-quarter sales results.
- The article does not provide a clear reason for the downgrade of ACADIA Pharmaceuticals, only mentioning that it dipped in pre-market trading following second-quarter results.
- The article does not provide a clear reason for the downgrade of Progyny, only mentioning that it dipped in pre-market trading after reporting worse-than-expected second-quarter revenue results.
- The article does not provide a clear reason for the downgrade of Tripadvisor, only mentioning that it dipped in pre-market trading after reporting worse-than-expected second-quarter sales results.
- The article does not provide a clear reason for the downgrade of Lyft, only mentioning that it dipped in pre-market trading following second-quarter financial results.
- The article does not provide a clear reason for the downgrade of Rivian Automotive, only mentioning that it dipped in pre-market trading after reporting worse-than-expected quarterly adjusted EPS results.
- The article does not provide a clear reason for the downgrade of Ashland Inc., only mentioning that it dipped in pre-market trading following weak quarterly sales.