Shares of Affirm Holdings, Inc. (AFRM) rose sharply in today’s pre-market trading, fueled by a strong fourth-quarter earnings report and positive first-quarter guidance. The company reported a quarterly loss of 14 cents per share, beating analyst estimates of a 51-cent loss. Revenue for the quarter came in at $659 million, exceeding expectations by 9.17%. This positive news sent Affirm Holdings shares soaring 18% to $37.24 in pre-market trading.
Here are some other notable movers in pre-market trading:
Gainers
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BioCardia, Inc. (BCDA)
gained a substantial 109.5% to $4.61 after receiving FDA clearance to market its Morph DNA Steerable Introducer product family. This clearance signifies a significant step forward for the company, potentially driving future growth.*
Autozi Internet Technology (Global) Ltd. (AZI)
surged 101.5% to $5.28. The company’s shares had dipped around 35% on Wednesday but rebounded after announcing the pricing of its initial public offering (IPO) of 2,500,000 Class A ordinary shares at a price of $4 per share.*
Theriva Biologics, Inc. (TOVX)
saw a 24.3% jump to $4.35 after receiving a US patent application notice of allowance for treating C. Difficile disease and other antibiotic-induced gastrointestinal tract adverse effects. This patent approval strengthens the company’s position in this therapeutic area.*
BranchOut Food Inc. (BOF)
gained 21.2% to $2.00. Building on a 14% jump on Wednesday, the company continued to rise after reporting year-over-year growth in its H1 revenue results.*
Nutanix, Inc. (NTNX)
surged 16.5% to $61.00 following the release of better-than-expected fourth-quarter financial results and an FY25 revenue guidance that surpassed estimates.*
Quantum BioPharma Ltd. (QNTM)
saw a 13% increase to $5.50, adding to a 10% gain on Wednesday.*
23andMe Holding Co. (ME)
rose 11.5% to $0.35 in pre-market trading after declining 4% on Wednesday.*
Mesoblast Ltd (MESO)
gained 7.5% to $6.85 after reporting its FY24 results.*
Five Below, Inc. (FIVE)
saw a 7% increase to $84.50 after reporting better-than-expected quarterly revenue results.Losers
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Big Lots, Inc. (BIG)
shares plummeted 30.5% to $0.6463 in pre-market trading after a report suggested the company might be considering a bankruptcy filing.*
SciSparc Ltd. (SPRC)
shares fell 19.7% to $0.3405 in pre-market trading.*
Pure Storage, Inc. (PSTG)
declined 15.3% to $50.60 after reporting second-quarter financial results.*
Bolt Projects Holdings, Inc. (BSLK)
fell 14.3% to $1.74 in today’s pre-market trading.*
TC Biopharm (Holdings) Plc (TCBP)
saw a 12.7% decrease to $3.58 after announcing the closing of an upsized $6.0 million public offering.*
JBDI Holdings Limited (JBDI)
shares dropped 11.9% to $13.34 after gaining 50% on Wednesday. The decline came following the announcement of a $11.25 million initial public offering (IPO).*
Applied Digital Corporation (APLD)
shares declined 11.8% to $3.89 after posting a wider-than-expected quarterly loss.*
ARCA biopharma, Inc. (ABIO)
saw a 11.5% drop to $1.67, following a 10% decline on Wednesday.*
Guess?, Inc. (GES)
shares dipped 8.6% to $18.49 after reporting worse-than-expected second-quarter adjusted EPS results and a reduction in its FY25 adjusted EPS guidance.*
