Stock futures are down, pointing to Wall Street indexes extending Thursday’s selloff that came after data showed inflation hitting a new four-decade high. Here’s what we’re watching in Friday’s trading:
- Affirm Holdings shares dropped 10% premarket. A Twitter slip-up on Thursday sent the buy-now-pay-later company’s shares on a wild ride that ended with its worst one-day drop on record.
- HubSpot shares jumped 10% premarket after it reported a 47% rise in quarterly revenue on the year.
- GoDaddy gained 7.7% ahead of the bell after the company reported full-year revenue growth and announced a share repurchase plan.
- Zendesk added 3.4% premarket. Thoma Bravo and other firms have made takeover approaches to Zendesk, which is also facing a proxy fight from an activist investor seeking to scuttle a proposed acquisition of SurveyMonkey ’s …