Major Stocks Including Mondelez International, Stride, and Varonis Systems Decline in Wednesday's Pre-Market Trading
U.S. Stock Futures: U.S. stock futures showed mixed results, with Dow futures dropping approximately 100 points on Wednesday.
Mondelez International Earnings: Mondelez International's shares fell 5.8% in pre-market trading after the company lowered its FY2025 earnings guidance despite reporting quarterly earnings and sales that exceeded analyst expectations.
Other Stocks Declining: Several other companies, including Stride Inc, Varonis Systems Inc, and Akebia Therapeutics Inc, experienced significant declines in pre-market trading due to disappointing sales guidance or earnings reports.
Market Reactions: The overall market sentiment was negative, with multiple stocks, including Caesars Entertainment and Enphase Energy, also reporting earnings below estimates, contributing to their respective declines.
Get Free Real-Time Notifications for Any Stock
Analyst Views on LRN
About LRN
About the author

STRIDE STOCK SOARS 22% FOLLOWING BETTER-THAN-EXPECTED Q2 RESULTS
- Company Performance: Stride shares increased by 22% following the release of their Q2 results.
- Earnings Report: The company's Q2 results exceeded market expectations, contributing to the surge in share price.

Stride Reports Q2 Earnings with Stable Demand and Improved Profitability
- Platform Stabilization: Stride's management reported a more than 90% drop in customer support call volumes following a login fix, alongside a significant reduction in negative social media commentary, indicating substantial progress in enhancing user experience.
- Strong Financial Performance: The company reported Q2 revenue of $631.3 million, an approximately 8% year-over-year increase, with adjusted operating income of $159 million and adjusted EPS of $2.50, reflecting sustained demand for online education and improved profitability.
- Stable Enrollment Trends: Total enrollments reached 248,500, remaining flat year-over-year, and despite prioritizing stability over aggressive growth, application volumes are near last year's record levels, highlighting organic demand for Stride's programs.
- Optimistic Future Guidance: Stride reaffirmed its full-year revenue guidance of $2.48 billion to $2.555 billion and raised adjusted operating income guidance to $485 million to $505 million, reflecting confidence in future performance.








