Stock futures pointed to a weaker open Tuesday after equities closed lower Monday, pausing Wall Street’s rally in November.
These stocks were poised to make moves Tuesday:
Zscaler reported fiscal first-quarter adjusted earnings, revenue, and calculated billings that beat analysts’ expectations and the cybersecurity company issued a forecast…
Stock futures pointed to a weaker open Tuesday after equities closed lower Monday, pausing Wall Street’s rally in November.
These stocks were poised to make moves Tuesday:
reported fiscal first-quarter adjusted earnings, revenue, and calculated billings that beat analysts’ expectations and the cybersecurity company issued a forecast for the second quarter that also topped estimates.
shares, however, were falling 6.1% in premarket trading as the company maintained its fiscal-year forecast for calculated billings at $2.52 billion to $2.56 billion versus estimates of $2.54 billion. Competitor
which is scheduled to report earnings after the closing bell Tuesday, was down 1.4%.
Earnings reports are also expected Tuesday from
Intuit
,
Workday
,
Splunk
,
NetApp
,
and
disclosed there was a programming error in a drug trial of izokibep, a treatment for psoriatic arthritis.
said the protocol was programmed incorrectly by a vendor, “resulting in a sequencing error that went further unidentified through the providers’ testing processes.” The company said it has addressed the programming error. Shares of the biopharmaceutical company fell 8.2% in after-hours trading Monday.
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was rising 1.5% in premarket trading after tumbling 17% on Monday following a “statement of objections” from the European Commission to the Roomba vacuum cleaner company’s pending deal to be acquired by
The EC said it was concerned the acquisition could restrict competition in the European market for robotic vacuum cleaners.
Write to Joe Woelfel at joseph.woelfel@barrons.com
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