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Why Lyft Shares Are Trading Higher By Over 21%; Here Are 20 Stocks Moving Premarket
Benzinga·11/07/2024 10:17:26
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Shares of Lyft, Inc. (NASDAQ:LYFT) rose sharply in today's pre-market trading after the company reported better-than-expected quarterly results.
Lyft reported quarterly losses of three cents per share which beat the analyst consensus estimate for losses of four cents. Quarterly revenue came in at $1.52 billion which beat the analyst consensus estimate of $1.44 billion and is an increase over sales of $1.15 billion from the same period last year.
Lyft shares rose 21.5% to $17.49 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- AtlasClear Holdings, Inc. (NYSE:ATCH) gained 89.6% to $0.3412 in pre-market trading after gaining around 13% on Wednesday.
- Interactive Strength Inc. (NASDAQ:TRNR) rose 81.5% to $0.1650 in pre-market trading. Interactive Strength will release third quarter results before the market opens on Thursday, Nov. 14.
- MDJM Ltd (NASDAQ:MDJH) shares surged 49.7% to $0.2252 in pre-market trading after declining around 6% on Wednesday.
- Ensysce Biosciences, Inc. (NASDAQ:ENSC) gained 32.6% to $0.7305 in pre-market trading after gaining 5% on Wednesday.
- AppLovin Corporation (NASDAQ:APP) climbed 27.5% to $214.84 in pre-market trading after the company reported better-than-expected third-quarter financial results.
- Laird Superfood, Inc. (NYSE:LSF) shares rose 22% to $8.99 in pre-market trading after the company reported better-than-expected third-quarter financial results.
- Emergent BioSolutions Inc. (NYSE:EBS) gained 19.8% to $11.03 in pre-market trading after posting strong quarterly earnings.
- Freshworks Inc. (NASDAQ:FRSH) gained 17.7% to $15.40 in pre-market trading following better-than-expected quarterly earnings.
- The Oncology Institute, Inc (NASDAQ:TOI) gained 17.6% to $0.3469 in pre-market trading. The Oncology Institute will release its third quarter financial results after the market close on Wednesday, Nov. 13.
- Dutch Bros Inc. (NYSE:BROS) gained 15.8% to $40.49 in pre-market trading following strong quarterly results.
Losers
- Digital Turbine, Inc. (NASDAQ:APPS) shares tumbled 41.1% to $1.91 in pre-market trading after reporting downbeat quarterly results.
- FOXO Technologies Inc. (NASDAQ:FOXO) shares fell 32% to $0.5321 in pre-market trading after surging 475% on Wednesday.
- Cardlytics, Inc. (NASDAQ:CDLX) dipped 31.9% to $3.55 in pre-market trading following third-quarter results.
- Wolfspeed, Inc. (NYSE:WOLF) shares fell 24.5% to $10.35 in pre-market trading after the company reported third-quarter financial results.
- SolarEdge Technologies, Inc. (NASDAQ:SEDG) declined 19% to $11.89 in pre-market trading following third-quarter results.
- Burford Capital Limited (NYSE:BUR) shares dipped 16.4% to $12.21 in pre-market trading. Burford Capital will release its financial results for the three and nine months ended Sept. 30, on Thursday, Nov. 7.
- ARB IOT Group Limited (NASDAQ:ARBB) fell 15.4% to $0.6879 in pre-market trading after surging 44% on Wednesday.
- Corsair Gaming Inc (NASDAQ:CRSR) fell 14.1% to $6.12 in today's pre-market trading after the company reported worse-than-expected financial results.
- Match Group, Inc. (NASDAQ:MTCH) fell 12.8% to $33.00 in pre-market trading following mixed third-quarter financial results.
- Sutro Biopharma, Inc. (NASDAQ:STRO) fell 11.6% to $3.66 in pre-market trading after gaining around 8% on Wednesday.
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① During the campaign period, US stocks, US stocks short selling, US stock options, Hong Kong stocks, and A-shares trading will maintain at $0 commission, and no subscription/redemption fees for mutual fund transactions. $0 fee offer has a time limit, until further notice. For more information, please visit: https://www.webull.hk/pricing
② More than 40M Downloads Globally : data based on Webull Technologies Limited's internal statistics as of July 14, 2023.
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.
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