Charter Communications
(CHTR) shares surged in pre-market trading on Friday, fueled by the company’s strong third-quarter earnings report. The cable giant reported revenue growth of 1.6% year-on-year to $13.8 billion, topping analyst expectations of $13.7 billion. Earnings per share (EPS) also beat estimates, coming in at $8.82 versus the anticipated $8.67. This positive performance drove CHTR shares up by a significant 11.1% to $364.01 in pre-market trading.Beyond Charter, several other stocks made notable moves in the pre-market session.
Gainers:
*
Globalstar, Inc. (GSAT)
soared 41.9% to $1.49 following the announcement of a proposed public offering.*
Theriva Biologics, Inc. (TOVX)
climbed 41.1% to $2.06 after being selected as a finalist for Merck KGaA’s EMEA Advance Biotech Grant.*
Athira Pharma, Inc. (ATHA)
shares surged 31.1% to $0.5610.*
VS MEDIA Holdings Limited (VSME)
climbed 30% to $1.43, rebounding after a 11% decline on Thursday.*
Atlassian Corporation (TEAM)
gained 22.5% to $231.06 after exceeding first-quarter financial expectations and issuing strong second-quarter revenue guidance.*
Nuburu, Inc. (BURU)
gained 18.6% to $0.5340.*
Proto Labs, Inc. (PRLB)
gained 18.3% to $32.43 after reporting better-than-expected third-quarter financial results and issuing a fourth-quarter adjusted EPS guidance above estimates.*
comScore, Inc. (SCOR)
shares rose 17.3% to $6.45.*
Halozyme Therapeutics, Inc. (HALO)
gained 12.8% to $57.04 after releasing strong third-quarter financial results and issuing FY24 adjusted EPS guidance above estimates.Losers:
*
ESSA Pharma Inc. (EPIX)
shares plummeted 69.2% to $1.60 after the company terminated its Phase 2 study evaluating Masofaniten combined with Enzalutamide in patients with mCRPC.*
Lexicon Pharmaceuticals, Inc. (LXRX)
fell 37.4% to $1.2207.*
Elevai Labs Inc. (ELAB)
fell 35% to $0.0383.*
MultiMetaVerse Holdings Limited (MMV)
declined 24.1% to $0.3331.*
Arbe Robotics Ltd. (ARBE)
declined 18.7% to $1.4800 after announcing a public offering.*
Advent Technologies Holdings, Inc. (ADN)
fell 15.8% to $1.9899, reversing its 34% jump on Thursday.*
ASPI Isotopes Inc. (ASPI)
fell 8.4% to $6.40 after announcing a proposed public offering.*
BJ’s Restaurants, Inc. (BJRI)
fell 6.3% to $34.75 after reporting worse-than-expected third-quarter EPS results.*
nVent Electric plc (NVT)
shares fell 6.1% to $70.00 following the release of third-quarter results.*
DigitalBridge Group, Inc. (DBRG)
declined 6% to $14.75 after reporting weaker-than-expected third-quarter results.Investors and traders will be closely watching these stocks as the market opens. The pre-market action can often offer insights into the broader market sentiment and provide clues about which sectors are poised for potential gains or losses.
