Pre-Bell Movers | PHGE Up by 45.5%; Here Are 20 Stocks Moving Premarket
S&P 500 index SPX | 6528.52 | +2.91% |
Dow Jones Industrial Average DJI | 46341.51 | +2.49% |
NASDAQ IXIC | 21590.63 | +3.83% |
Snap SNAP | 4.60 4.65 | +14.43% +1.09% Pre |
Advanced Micro Devices, Inc. AMD | 203.43 206.57 | +3.77% +1.54% Pre |
S&P 500 futures trades higher as investors assessed corporate earnings reports.
As of 04:11:46 on Aug 06 (ET), compare to the prices at 17:00:00 on the previous trading day, including any holiday-shortened sessions, the blue-chip Dow Jones Futures grow by 224.0 points or 0.51% to 44,460, the broad-based S&P 500 Futures pick up 30.5 points or 0.48% to 6,356, the tech-heavy Nasdaq Futures are moving higher by 81.75 points or 0.35% to 23,214. (Data source: Wind Quant)
The S&P 500 index(SPX) had its fifth down day in six sessions, and the Dow Jones Industrial Average(DJI) had its sixth negative session in seven. Tech stocks underperformed on Tuesday, with the NASDAQ(IXIC) sliding nearly 0.7%. Small caps bucked the trend, with the Russell 2000 up 0.6%.
In after-hours trading, Snap Inc.(SNAP) shares dropped 15% due to revenue missing expectations, while Advanced Micro Devices, Inc.(AMD) fell 5% after adjusted EPS missed estimates. Conversely, Arista Networks, Inc.(ANET) surged nearly 14% on a stronger-than-expected report.
Investors will watch earnings from The Walt Disney Company(DIS) , Uber Technologies, Inc.(UBER) , and Mcdonald'S Corporation(MCD) before the bell on Wednesday, and Airbnb, Inc.(ABNB) , Doordash, Inc.(DASH) , and Lyft, Inc.(LYFT) after the close. Federal Reserve officials, including Susan Collins and Mary Daly, will speak throughout the day.
Grocery Outlet Holding(GO.US) is experiencing gains in pre-market trading due to positive developments. The company recently increased its fiscal year 2025 adjusted EPS guidance, surpassing expectations, and maintained its sales projections. Furthermore, Grocery Outlet has successfully completed the 15th Independence from Hunger® campaign, raising over $5 million through its network of more than 540 stores, supporting local food banks, which highlights its commitment to community engagement and corporate responsibility. Grocery Outlet Holding share creeps up by 14.5% to US$14.91 in the pre-market trading session.
Additionally, BIOMX INC(PHGE.US) gains 45.5% pre-market, topping the ranking.
Here are some other stocks moving in pre-market trading as of 11:27 AM Riyadh Time.
Gainers
Change | Price(US$) | Ticker (🌙 means "Shariah Compliant") | Additional Information |
45.5% | 0.63 | 🌙 BIOMX INC(PHGE.US) | - |
37.9% | 24.5 | BFC Construction Corporation(BNC.US) | - |
28.3% | 1.45 | XCel Brands, Inc.(XELB.US) | - |
24.0% | 4.8 | 🌙 Myriad Genetics, Inc.(MYGN.US) | Better-than-expected Q2 EPS and sales. |
22.9% | 0.47 | ONTRAK INC(OTRK.US) | Stock was up 40.1% on last trading day |
17.4% | 12.19 | FLYWIRE CORP(FLYW.US) | Second-quarter results exceeded analyst expectations. |
17.3% | 158.99 | Astera Labs, Inc.(ALAB.US) | Due to record quarterly revenue surpassing estimates. |
15.0% | 5.37 | Lazydays Holdings, Inc. - Common Stock(GORV.US) | - |
14.8% | 3.41 | Bioxcel Therapeutics(BTAI.US) | - |
14.5% | 14.91 | Grocery Outlet Holding(GO.US) | Raised FY2025 adjusted EPS guidance above estimates. |
Losers
Change | Price(US$) | Ticker (🌙 means "Shariah Compliant") | Additional Information |
-25.7% | 1.39 | Fractyl Health, Inc.(GUTS.US) | Proposed public offering caused pre-market stock drop. |
-25.5% | 4.2 | Personalis(PSNL.US) | Q2 earnings report came out today. |
-24.1% | 8.99 | 🌙 LifeMD Inc Ordinary Shares(LFMD.US) | Worse-than-expected Q2 EPS and sales report. |
-24.0% | 6.77 | 🌙 Evolus(EOLS.US) | Missed Q2 estimates, lowered FY25 guidance. |
-19.4% | 2.03 | OpenDoor Technologies, Inc.(OPEN.US) | Due to weak Q3 sales guidance. |
-16.9% | 47.58 | 🌙 Super Micro Computer, Inc.(SMCI.US) | Due to disappointing quarterly earnings and weak outlook. |
-16.5% | 4.54 | Digital Turbine(APPS.US) | EPS miss by $0.03 impacts stock negatively. |
-16.3% | 19.37 | 🌙 Ramaco Resources, Inc.(METC.US) | Commenced $150M public offering of common stock. |
-15.9% | 7.9 | 🌙 Snap(SNAP.US) | - |
-15.8% | 10.95 | 🌙 Arteris, Inc.(AIP.US) | Due to Q2 earnings release today. |
Editor's note: This content was generated by Sahm's in-house AI-enabled SaaS tool and was reviewed by our editing team.
The table above reflects pre-market price changes only and does not constitute recommendations. Stocks, particularly those with smaller market caps, may see heightened volatility. Investors should conduct thorough research and consult advisors before decision-making based on this data.