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Why Cemtrex Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket

Benzinga·12/31/2024 10:33:26
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Shares of Cemtrex, Inc. (NASDAQ:CETX) rose sharply in today's pre-market trading after the company posted stronger-than-expected sales for the fourth quarter, reporting quarterly sales of $18.10 million which beat the analyst consensus estimate of $16.39 million.

Cemtrex shares jumped 16.6% to $3.65 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

Gainers

  • Eyenovia, Inc. (NASDAQ:EYEN) gained 135.7% to $0.2671 in pre-market trading after surging over 20% on Monday.
  • Aptorum Group Limited (NASDAQ:APM) gained 86.1% to $2.55 in pre-market trading after gaining 30% on Monday. Aptorum posted a H1 loss of 50 cents per share, versus a year-ago loss of $1.43 per share.
  • Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) rose 94.2% to $0.24 in pre-market trading after gaining around 6% on Monday.
  • IT Tech Packaging, Inc. (NYSE:ITP) gained 62.5% to $0.4711 in pre-market trading after gaining 7% on Monday.
  • Nxu, Inc. (NASDAQ:NXU) gained 54% to $2.31 in pre-market trading after surging around 516% on Monday.
  • Mullen Automotive, Inc. (NASDAQ:MULN) rose 53.6% to $1.69 in pre-market trading after climbing around 15% on Monday.
  • Actelis Networks, Inc. (NASDAQ:ASNS) gained 46.9% to $1.91 in pre-market trading after gaining around 17% on Monday.
  • Brand Engagement Network, Inc. (NASDAQ:BNAI) gained 41.1% to $1.27 in pre-market trading after gaining around 11% on Monday.
  • Ocean Power Technologies, Inc. (NYSE:OPTT) gained 35.2% to $1.19 in pre-market trading after adding 85% on Monday.

Losers

  • Sangamo Therapeutics, Inc. (NASDAQ:SGMO) fell 50% to $1.17 in pre-market trading as the company announced its collaboration and license agreement with Pfizer on giroctocogene fitelparvovec will terminate effective April 21, 2025.
  • Ambow Education Holding Ltd. (NYSE:AMBO) shares tumbled 12.3% to $2.99 in pre-market trading after the company posted net income of $0.1 million for the second quarter, versus a year-ago net loss of $1.0 million. Its net revenues fell by 11.1% to $2.4 million during the quarter.
  • Energous Corporation (NASDAQ:WATT) declined 28.3% to $1.90 in pre-market trading after jumping more than 550% on Monday.
  • Alset Inc. (NASDAQ:AEI) shares dipped 20.5% to $1.01 in pre-market trading after jumping 52% on Monday.
  • The Real Good Food Company, Inc. (NASDAQ:RGF) fell 22.1% to $0.25 in pre-market trading as the company announced a reverse stock split.
  • SMX (Security Matters) Public Limited Company (NASDAQ:SMX) shares fell 21.2% to $0.6460 in pre-market trading after climbing 132% on Monday.
  • Inspired Entertainment, Inc. (NASDAQ:INSE) shares fell 20.9% to $7.00 in pre-market trading.
  • Blackboxstocks Inc. (NASDAQ:BLBX) fell 14.2% to $2.29 in today's pre-market trading after jumping more than 62% on Monday.
  • Design Therapeutics, Inc. (NASDAQ:DSGN) dipped 13.8% to $5.32 in pre-market trading.
  • Richtech Robotics Inc. (NASDAQ:RR) fell 12.3% to $3.06 in pre-market trading after surging over 20% on Monday.

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