Why Palantir Shares Are Trading Higher By Over 16%; Here Are 20 Stocks Moving Premarket

Shares of Palantir Technologies Inc. (NASDAQ:PLTR) rose sharply in today's pre-market trading following better-than-expected fourth-quarter results.

Palantir reported fourth-quarter revenue of $827.52 million, beating the consensus estimate of $775.91 million. The company reported fourth-quarter adjusted earnings of 14 cents per share, beating analyst estimates of 11 cents per share.

Palantir Technologies shares jumped 16.5% to $97.56 in the pre-market trading session.

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

Gainers

• Evaxion Biotech A/S (NASDAQ:EVAX) gained 72.5% to $4.14 in pre-market trading.
• Kairos Pharma, Ltd. (NYSE:KAPA) rose 40.1% to $2.13 in pre-market trading after jumping more than 6% on Monday.
• Azitra, Inc. (NYSE:AZTR) gained 40% to $0.3900 in pre-market trading after gaining around 15% on Monday.
• Invivyd, Inc. (NASDAQ:IVVD) gained 27.4% to $1.35 in pre-market trading. Invivyd shares jumped 196% on Monday after the company provided preliminary fourth-quarter PEMGARDA net product revenue results.
• CleanCore Solutions, Inc. (NYSE:ZONE) shares jumped 25.5% to $1.28 in pre-market trading following a 3% gain on Monday.
• Reborn Coffee, Inc. (NASDAQ:REBN) rose 17.8% to $6.00 in pre-market trading after jumping 54% on Monday. Reborn Coffee recently announced it approve a franchisor in the U.S. and is intending to expand across the country.
• American Rebel Holdings, Inc. (NASDAQ:AREB) shares climbed 16% to $1.38 in pre-market trading.
• Tempus AI, Inc. (NASDAQ:TEM) gained 8% to $66.44 in pre-market trading. Tempus AI, Inc. announced it has completed its acquisition of Ambry Genetics.
• XPeng Inc. (NYSE:XPEV) rose 7% to $16.79 in pre-market trading after adding 3% on Monday. XPeng witnessed a jump of 268% year-over-year. The company delivered 30,350 vehicles last month, marking a drop of 17.3% from December.

Losers

• Universe Pharmaceuticals INC (NASDAQ:UPC) shares fell 28.2% to $0.3012 in pre-market trading after announcing Nasdaq delisting notice.
• MDJM Ltd (NASDAQ:UOKA) dipped 27.2% to $0.1730 in pre-market trading after jumping 83% on Monday.
• E-Home Household Service Holdings Limited (NASDAQ:EJH) fell 25% to $0.7652 in today's pre-market trading after gaining 34% on Monday.
• BriaCell Therapeutics Corp. (NASDAQ:BCTX) shares fell 22.6% to $3.90 in pre-market trading as the company priced its $3.05 million public offering of 762,500 common shares at $4/share.
• Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) shares tumbled 20.2% to $0.1555 in pre-market trading. Tonix Pharmaceuticals shares dipped over 54% on Monday after the company announced a 1-for-100 reverse stock split.
• HCW Biologics Inc. (NASDAQ:HCWB) fell 16.1% to $0.5335 in pre-market trading. HCW Biologics shares jumped 129% on Monday after the company announced FDA clearance for its Phase 1 trial of HCW9302.
• XChange TEC.INC (NASDAQ:XHG) fell 14.2% to $0.7166 in pre-market trading after declining around 4% on Monday.
• UBS Group AG (NYSE:UBS) fell 6.1% to $32.81 in pre-market trading. UBS Group reported stronger-than-expected earnings for its fourth quarter and disclosed a share buyback program of up to $3 billion.
• Ponce Financial Group, Inc. (NASDAQ:PDLB) declined 5.3% to $12.61 in pre-market trading.
• Illumina, Inc. (NASDAQ:ILMN) shares dipped 5.2% to $124.31 in pre-market trading after the Chinese Ministry of Commerce added the company, along with Calvin Klein owner PVH Corp. (NYSE:PVH) to the unreliable entities list amid the ongoing trade war with the U.S..

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