GitLab shares surged in pre-market trading after reporting better-than-expected second-quarter results and issuing upbeat guidance. Other notable pre-market movers include WiSA Technologies, Conifer Holdings, LogicMark, Atara Biotherapeutics, and Tantech Holdings, all experiencing gains. On the losing side, Athira Pharma, Oragenics, Focus Universal, Shuttle Pharmaceuticals, Zscaler, Asana, PagerDuty, Elevai Labs, Motorsport Games, and Sify Technologies faced declines.
Shares of Zhibao Technology surged in pre-market trading after securing a contract with the People’s Insurance Company of China. This report highlights top pre-market gainers and losers, providing insights into market trends and potential investment opportunities.
Affirm Holdings, Inc. (AFRM) shares surged in pre-market trading after reporting strong fourth-quarter earnings and issuing upbeat guidance. Other stocks also saw significant price movements, including gains for BioCardia, Autozi Internet Technology, and Theriva Biologics, while Big Lots, SciSparc, and Pure Storage experienced declines.
Workday shares soared in pre-market trading after beating earnings estimates. Other notable pre-market movers include Sequans Communications, Portage Biotech, and Momentus, all experiencing significant gains. Several companies also saw notable declines, including WiMi Hologram Cloud, ShiftPixy, and Red Robin Gourmet Burgers.
U.S. pre-market futures are showing a positive trend, with the Dow, S&P 500, and Nasdaq all experiencing gains. Jobless claims remain relatively stable, although there are signs of a plateau in the labor market. Retail earnings are mixed, with Williams-Sonoma facing a sell-off despite exceeding earnings estimates while BJ’s Wholesale sees a ‘sell the news’ moment despite beating expectations on both top and bottom lines. Key economic data releases are expected later today, including S&P flash PMI Services and Manufacturing results, and Existing Home Sales for July.
US stock futures showed a slight upward trend this morning, with the S&P 500 futures gaining around 0.1%. However, pre-market trading saw several companies experience significant share drops, primarily driven by disappointing quarterly results. Urban Outfitters, Canadian Solar, Snowflake, and Lufax Holding led the decline, with shares falling by double digits.
Xperi Inc. shares jumped over 11% in pre-market trading after the company announced a deal to sell its assets to Amazon.com. Here’s a look at other stocks making moves in pre-market trading, including notable gainers like Applied DNA Sciences and GeoVax Labs.
Greenland Technologies Holding Corporation (GTEC) shares soared in pre-market trading after exceeding second-quarter earnings expectations. Other notable movers include Cingulate Inc. (CING), Seelos Therapeutics (SEEL), and Shimmick Corporation (SHIM).
Several stocks are poised to capture investor attention on Friday, with pre-market trading showing significant moves. Madison Square Garden, Applied Materials, CI&T, H&R Block, and Flowers Foods are among the companies making headlines. Learn about their expected earnings, revenue projections, and after-hours trading performance.
Lumentum Holdings Inc. (LITE) shares surged in pre-market trading after reporting better-than-expected fourth-quarter results and issuing strong first-quarter revenue guidance. Other notable pre-market movers include SciSparc Ltd. (SPRC), VS MEDIA Holdings Limited (VSME), and Altamira Therapeutics Ltd. (CYTO), all experiencing significant gains. On the other hand, Turnstone Biologics Corp. (TSBX) and Titan Machinery Inc. (TITN) saw declines after reporting disappointing financial results.
