DLocal Soars in Pre-Market: Revenue Beats, But Earnings Miss, Plus Other Movers

DLocal Limited (DLO) shares experienced a significant surge in today’s pre-market trading session, fueled by the company’s better-than-expected third-quarter revenue results. Despite exceeding analysts’ revenue forecasts, DLocal fell short on earnings, reporting quarterly earnings of 9 cents per share, missing the consensus estimate of 11 cents per share.

The company announced quarterly sales of $185.774 million, surpassing the analyst consensus estimate of $181.463 million. This positive revenue performance drove DLocal shares up by an impressive 18.3%, reaching $10.70 in the pre-market trading session.

Beyond DLocal, several other stocks were making notable moves in the pre-market:

Gainers:

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Elevai Labs Inc. (ELAB):

The stock gained a substantial 91.1% to $0.0472 in pre-market trading, following a 32% surge on Wednesday.
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SRIVARU Holding Limited (SVMH):

This stock climbed by 40% to $0.0339 in pre-market trading.
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XTI Aerospace, Inc. (XTIA):

XTIA gained 35.7% to $0.0777 in pre-market trading, building upon an 18% increase on Wednesday.
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Nuburu, Inc. (BURU):

The stock gained 28.7% to $0.5335 in pre-market trading.
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Zoomcar Holdings, Inc. (ZCAR):

This company’s stock saw a 26.9% jump to $8.25 in pre-market trading following the release of its second-quarter results.
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Quantum Computing Inc. (QUBT):

QUBT climbed 25.8% to $3.34 in pre-market trading, adding to its more than 92% increase on Wednesday.
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Zeta Global Holdings Corp. (ZETA):

ZETA gained 20.5% to $21.40 in pre-market trading, bolstered by the announcement of its expanded share repurchase program with a $100 million buyback authorization through 2026.
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1847 Holdings LLC (EFSH):

EFSH gained 17.7% to $0.5301 in pre-market trading after experiencing a 58% dip on Wednesday.
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D-Wave Quantum Inc. (QBTS):

QBTS gained 14.6% to $2.04 in pre-market trading.

Losers:

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Calidi Biotherapeutics, Inc. (CLDI):

CLDI shares tumbled 27% to $2.47 in pre-market trading, influenced by the company’s announcement of a proposed public offering.
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Digital Brands Group, Inc. (DBGI):

DBGI shares fell 26.5% to $0.1329 in pre-market trading, following a jump of over 40% on Wednesday.
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Harrow, Inc. (HROW):

HROW declined 25.8% to $38.45 in pre-market trading after reporting disappointing third-quarter sales results.
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Ibotta, Inc. (IBTA):

IBTA shares fell 22.9% to $57.75 in pre-market trading following the release of its quarterly results.
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Cyclacel Pharmaceuticals, Inc. (CYCC):

CYCC fell 18.7% to $0.3658 in pre-market trading, after gaining around 10% on Wednesday.
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Bluejay Diagnostics, Inc. (BJDX):

BJDX dipped 18.3% to $0.0850 in pre-market trading following a 1-for-50 reverse stock split announcement.
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Matinas BioPharma Holdings, Inc. (MTNB):

MTNB shares dipped 15.9% to $0.5969 in pre-market trading, following a decline of around 5% on Wednesday.
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ESS Tech, Inc. (GWH):

GWH fell 13.8% to $7.68 in pre-market trading following its third-quarter results.
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Taysha Gene Therapies, Inc. (TSHA):

TSHA fell 10.8% to $1.9700 in pre-market trading following its third-quarter results.
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Super Micro Computer, Inc. (SMCI):

SMCI fell 10.1% to $18.27 in today’s pre-market trading. Super Micro Computer shares experienced a 6% decline on Wednesday after the company announced its inability to file its quarterly report for the period ending September 30th in a timely manner.

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