JM Smucker, Baidu, and Other Major Stocks Decline in Pre-Market Trading on Wednesday
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 27 2025
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Source: Benzinga
U.S. Stock Futures: U.S. stock futures are up this morning, with Dow futures increasing by approximately 0.1% on Wednesday.
J. M. Smucker Company Earnings: The J. M. Smucker Company reported second-quarter earnings of $1.90 per share, missing the analyst estimate of $1.93, leading to a 7.7% drop in pre-market trading.
Other Stocks Declining: Several other stocks also experienced declines in pre-market trading, including Neonode Inc. (-14.8%), Summit Therapeutics Inc. (-5.1%), and Krispy Kreme, Inc. (-4.8%).
Market Overview: Overall, various companies saw significant drops in their stock prices during pre-market trading, indicating a cautious market sentiment.
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Analyst Views on NEON
About NEON
Neonode Inc. is a Sweden-based company, which provides advanced optical sensing solutions for contactless touch, touch, and gesture sensing. It also provide software solutions for scene analysis that feature advanced machine learning algorithms to detect and track persons and objects in video streams for cameras and other typ. The Company operates in three business areas: HMI Solutions, HMI Products and Remote Sensing Solutions. In HMI Solutions, Neonode offers customized optical touch and gesture control solutions for many different markets and segments. In HMI Products, the Company provides plug-and-play sensor modules that enable touch on any surface, in-air touch, and gesture control for a wide range of applications. In Remote Sensing Solutions, Neonode offers robust and cost-effective driver and cabin monitoring solutions for vehicles based on the Company’s software platform. Neonode Inc. is organized in four wholly owned subsidiaries located in Sweden, Japan, Korea and Taiwan.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Neonode Appoints Marec Gasiun as EVP of Sales & Marketing
- Executive Appointment: Neonode appointed Marec Gasiun as EVP of Sales & Marketing effective January 1, 2026, leveraging his extensive experience across automotive, technology, and telecommunications to enhance the company's commercial activities and execution efficiency.
- Technology Transformation: In December 2025, the company successfully converted a commercial vehicle design win into a production license agreement, marking the real-world deployment of MultiSensing driver monitoring technology, which is expected to accelerate growth in the automotive sector.
- Market Opportunities: Gasiun's recruitment will help consolidate Neonode's commercial activities across technology, automotive, and high-growth environments, thereby enhancing market competitiveness and accelerating the company's growth journey.
- Strategic Development: CEO Daniel Alexus noted that as legacy touch technologies decline, the MultiSensing computer vision and AI technology is poised for significant advancements in 2026, highlighting the company's strategic focus on technological innovation.
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Neonode Appoints Marec Gasiun as Executive VP of Sales & Marketing
- Executive Appointment: Neonode appointed Marec Gasiun as Executive VP of Sales & Marketing effective January 1, 2026, leveraging his extensive commercial leadership experience in automotive, technology, and telecommunications to drive significant advancements in MultiSensing computer vision and AI technology.
- Strategic Integration: Gasiun's recruitment will consolidate all commercial activities into a focused team, enhancing execution efficiency and utilizing his experience in high-growth environments to accelerate the company's growth trajectory.
- Market Transformation: The company successfully converted a commercial vehicle design win into a production license agreement in December 2025, marking a significant transition from validation to real-world adoption of MultiSensing driver monitoring technology in commercial vehicles.
- Growth Potential: With new design wins and strategic partnerships, Neonode is positioned to accelerate its automotive momentum, further solidifying its competitive position in a rapidly evolving market.
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