Shares of Symbotic Inc. SYM rose sharply in today's pre-market trading after the company reported better-than-expected fourth-quarter financial results. Symbotic reported quarterly earnings of five cents per share, which beat the analyst consensus estimate of three cents.
Quarterly revenue came in at $576.76 million, which beat the analyst consensus estimate of $470.27 million and is an increase over sales of $391.
88 million from the same period last year. Symbotic shares jumped 28.6% to $39.
30 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers PainReform Ltd.
PRFX gained 165.4% to $1.42 in pre-market trading.
PainReform announced a 1:4 reverse share split of the company’s ordinary shares will take effect after the closing bell on Wednesday, Nov. 20. noco-noco Inc.
NCNC rose 115.5% to $0.2090 in pre-market trading after gaining around 9% on Monday.
TFF Pharmaceuticals, In c. TFFP gained 49.9% to $0.
5457 in pre-market trading. TFF Pharmaceutical recently announced it will wind down its operations. Volato Group, In c.
SOAR gained 49.4% to $0.3153 in pre-market trading.
Volato Group shares gained around 4% on Monday after the company reported a year-over-year increase in third-quarter financial results. HCW Biologics Inc . HCWB gained 33.
9% to $1.66 in pre-market trading. HCW Biologics announced a $6.
9 million direct offering and private placement priced above market. Quantum Computing Inc . QUBT gained 18.
7% to $2.84 in pre-market trading after dipping 23% on Monday. The company recently disclosed a securities purchase agreement to sell 16 million shares of common stock at $2.
50 per share in a registered direct offering. J-Long Group Ltd JL gained 13.8% to $0.
42 in pre-market trading after declining around 4% on Monday. Zenvia Inc. ZENV climbed 13.
7% to $1.32 in pre-market trading after the company posted third-quarter results. Fresh2 Group Limited FRES gained 9.
5% to $1.0400 in pre-market trading. Losers Hanmi Financial Corporation HAFC shares tumbled 20.
9% to $20.24 in pre-market trading. Guardian Pharmacy Services, Inc .
(NYSE: GRDN fell 20.7% to $16.96 in pre-market trading.
Helius Medical Technologies, Inc. HSDT shares fell 16.5% to $0.
40 in pre-market trading. Helius Medical Technologies shares dipped around 9% on Monday after the company announced it initiated the process to explore a range of strategic alternatives. Eco Wave Power Global AB WAVE shares fell 15.
1% to $8.01 in pre-market trading. Eco Wave Power Global shares jumped around 44% on Monday after the company announced it received the final Nationwide Permit from the U.
S. Army Corps of Engineers. AtlasClear Holdings, Inc.
ATCH dipped 14.9% to $0.1870 in pre-market trading.
AtlasClear shares jumped 22% on Monday higher after the company reported a year-over-year increase in first-quarter financial results. Flushing Financial Corporation FFIC declined 12.2% to $15.
25 in pre-market trading. Eterna Therapeutics Inc . ERNA fell 12.
1% to $0.6036 in pre-market trading after dipping 18% on Monday. Enveric Biosciences, Inc .
ENVB fell 11.2% to $0.3135 in pre-market trading after declining around 5% on Monday.
CleanCore Solutions, Inc. ZONE shares dipped 9.4% to $1.
55 in pre-market trading. CleanCore Solutions recently announced the launch of a pilot program with an international hotel chain. Incyte Corporation INCY fell 10.
3% to $68.98 in today's pre-market trading after the company issued an update on early Phase MRGPRX2 and MRGPRX4 programs. Now Read This: Jim Cramer: Super Group Finally ‘Broke Out,’ This Basic Materials Stock Is ‘Very Hard To Own Here’ © 2024 Benzinga.
com. Benzinga does not provide investment advice. All rights reserved.
.
Why Symbotic Shares Are Trading Higher By Over 28%; Here Are 20 Stocks Moving Premarket
Shares of Symbotic Inc. (NASDAQ:SYM) rose sharply in today's pre-market trading after the company reported better-than-expected fourth-quarter financial results.Symbotic reported quarterly earnings of five cents per share, which beat the analyst consensus estimate of three cents. Quarterly revenue came in at $576.76 million, which beat the analyst consensus estimate of $470.27 million and is an increase over sales of $391.88 million from the same period last year.Symbotic shares jumped 28.6% to $39.30 in the pre-market trading session.Here are some other stocks moving in pre-market trading.GainersPainReform Ltd. (NASDAQ:PRFX) gained 165.4% to $1.42 in pre-market trading. PainReform announced a 1:4 reverse share split of the company’s ordinary shares will take effect after the closing bell on Wednesday, Nov. 20.noco-noco Inc. (NASDAQ:NCNC) rose 115.5% to $0.2090 in pre-market trading after gaining around 9% on Monday.TFF Pharmaceuticals, Inc. (NASDAQ:TFFP) gained 49.9% to $0.5457 in pre-market trading. TFF Pharmaceutical recently announced it will wind down its operations.Volato Group, Inc. (NYSE:SOAR) gained 49.4% to $0.3153 in ...Full story available on Benzinga.com