Shares of outdoor lifestyle and equipment company Clarus (NASDAQ:CLAR)
fell 10.9% in the morning session after the company reported disappointing second-quarter 2025 financial results, including a wider net loss and a drop in sales.
Shares of outerwear manufacturer Columbia Sportswear (NASDAQ:COLM)
fell 14.6% in the morning session after the company issued a disappointing financial forecast for its third quarter and the full year, which overshadowed a second-quarter earnings beat.
Shares of semiconductor manufacturer Magnachip Semiconductor (NYSE:MX) fell 24.6% in the morning session after the company issued a weak financial outlook for the third quarter and lowered its full-year revenue forecast.
Shares of online payroll and human resource software provider Asure (NASDAQ:ASUR)
fell 14.1% in the morning session after the company reported second-quarter financial results that fell short of Wall Street's expectations for both revenue and profit. The payroll and HR software provider announced revenue of $30.1 million and a loss of $0.22 per share, both of which missed analyst estimates. The company’s adjusted EBITDA and its guidance for third-quarter adjusted EBITDA also came in below projections. Further clouding the outlook, bookings for the quarter declined 53% compared to the prior year. While Asure did raise its full-year revenue forecast, this positive note was overshadowed by the immediate shortfalls and a weaker profit outlook. The report landed amid broader market turmoil, as new global tariffs and a poor jobs report soured investor sentiment toward technology stocks.
Shares of professional consulting firm ICF International (NASDAQ:ICFI) jumped 9.1% in the afternoon session after it reported second-quarter results that showed stronger-than-expected profits, fueled by significant growth in its commercial energy business. Investors looked past a slight revenue miss, focusing instead on earnings per share of $1.66, which beat analyst forecasts. The company's commercial energy division delivered a remarkable 27% year-over-year revenue increase, offsetting challenges in the federal government sector. A strong book-to-bill ratio of 1.30 pointed to a healthy pipeline of future work. Management also reaffirmed its full-year guidance and signaled a return to growth in 2026, which further boosted investor sentiment.
Shares of genomics company Illumina (NASDAQ:ILMN) fell 6.1% in the afternoon session as investors reacted to its second-quarter earnings report, where a year-over-year revenue decline overshadowed beats on profit and sales forecasts. The life sciences company reported that revenue fell 3% from the prior year, sparking concerns about its growth trajectory. Management pointed to challenges in the research market, citing uncertainty around National Institutes of Health (NIH) funding and ongoing export restrictions that limited sales in China. These company-specific issues were compounded by broader market fears over new tariffs and weak U.S. jobs data. While Illumina did raise its full-year profit guidance and announced the acquisition of SomaLogic, investors focused on the top-line revenue weakness.
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN)
fell 7.8% in the afternoon session after the company reported disappointing second-quarter results and provided a weak forecast for future growth.
Shares of Rocket Companies are surging in Friday morning trading. The fintech giant reported second-quarter financial results that surpassed Wall Street expectations.
