US Stock Market Move | Tianrui Company (TDC.US) plummeted over 20% as Q3 earnings guidance fell short of expectations.

On Wednesday, Teradata Corporation (TDC.US) plummeted over 20%, closing at $27.25. In terms of news, Teradata announced its second-quarter fiscal year 2026 performance, reporting revenue of $410 million, surpassing analysts' expectations of $396.1 million, and remaining flat year-on-year. The adjusted earnings per share were $0.69, exceeding analysts' expectations by 23.1%. Adjusted operating income was $88 million, significantly above expectations. However, the company's guidance for third-quarter revenue has a midpoint of $395.2 million, lower than analysts' expectation of $403.6 million. Although it raised its full-year adjusted EPS guidance to $2.69, the market still expresses concerns about future growth prospects.