Shares of Dell Technologies (NYSE:DELL) are moving sharply lower in pre-market trading after the PC maker reported fiscal third quarter earnings that exceeded estimates but provided disappointing fiscal fourth quarter guidance.

Human resources software company Workday (NASDAQ:WDAY) may also come under pressure after reporting better than expected fiscal third quarter results but forecasting fiscal fourth quarter subscription revenue below analyst estimates.

Meanwhile, shares of Urban Outfitters (NASDAQ:URBN) are likely to see initial strength after the retailer reported fiscal third quarter results that exceeded expectations on both the top and bottom lines.