Pre-Bell Movers | VTAK Surged by 83.7%; Here Are 20 Stocks Moving Premarket (Jun/24)
Cerebras Systems CBRS | 0.00 | |
FedEx Corporation FDX | 0.00 | |
Atlantic International Corp ATLN | 0.00 | |
Backblaze, Inc. Class A BLZE | 0.00 | |
Tesla Motors, Inc. TSLA | 0.00 |
In pre-market trading, futures for the three major U.S. stock indices were mixed: Nasdaq 100 futures rose 0.52%, Dow Jones futures fell 0.13%, and S&P 500 futures rose 0.12%.
Cerebras Systems(CBRS.US)
Shares of Cerebras Systems fell 13% in premarket trading. The company reported better-than-expected first-quarter 2026 financial results, posting a loss of $0.04 per share compared to an anticipated $0.16 loss, alongside revenue of $193.4 million that topped the consensus estimate of $181.6 million. Core revenue surged 92% year-over-year to $191.3 million, fueled by a 60% increase in hardware sales and a 167% jump in cloud and services revenue. For the full year 2026, the company projected core revenue between $855 million and $865 million—representing about 69% year-over-year growth at the midpoint—and expects core gross margins to range from 38% to 41%.
FedEx Corporation(FDX.US)
FedEx shares declined by more than 7% in the premarket. In the previous session, the stock ended the day down 3.51% at $317.24, fluctuating between an intraday high of $327.40 and a low of $316.36. Its 52-week range stands at $174.01 to $345.37. The delivery giant posted a stronger-than-anticipated fourth quarter, generating $25 billion in revenue to beat the $24.04 billion consensus, while adjusted earnings reached $6.31 per share, exceeding the $5.96 estimate. Looking ahead to 2026, FedEx projected 11% revenue growth and adjusted earnings per share of $16.90 to $18.10. The company concluded the quarter with $13.3 billion in cash and cash equivalents and announced plans to repurchase up to $1 billion in stock through the remainder of 2026.
Atlantic International Corp(ATLN.US)
Atlantic International dropped over 12% in premarket trading, following a massive 202.41% surge in the prior session to close at $1.33. The stock hit an intraday high of $1.82 and a low of $0.98, with a 52-week high of $5.25 and a low of $0.41. The company's Circle8 Group recently secured a public-sector framework agreement after a competitive procurement process involving 16 participants. The four-year deal has a minimum contract value of roughly $52 million and expands the firm's public-sector presence in Europe. This new agreement, combined with a previously announced public-sector contract estimated at $380 million, pushes the total value of its recent public-sector wins past $430 million. CEO Jeffrey Jagid stated that these awards highlight the company's capability to deliver workforce solutions to large organizations throughout Europe.
Backblaze, Inc. Class A(BLZE.US)
Backblaze shares rose more than 1% in the premarket. In the previous session, the stock closed up 43.60% at $11.66, trading between $9.62 and $11.84. Its 52-week high is $11.84 and its low is $3.26. The company announced a five-year, $335 million contract to provide multi-exabyte data storage services to CoreWeave. This agreement will support portions of the AI cloud provider's managed storage infrastructure, giving customers access to additional storage tiers without the need to modify their code.
Tesla Motors, Inc.(TSLA.US)
Tesla stock gained nearly 1% in premarket trading. Previously, shares ended the day down 5.79% at $381.61, after hitting an intraday high of $392.87 and a low of $379.06. The stock's 52-week high and low are $498.82 and $288.77, respectively. On Tuesday, CEO Elon Musk and AI chief Ashok Elluswamy pushed back against allegations that Tesla's Full Self-Driving system was responsible for a fatal June 19 crash in Katy, Texas, which killed 76-year-old Martha Avila Mantilla. They stated that the driver had manually bypassed the system by pressing the accelerator to the floor, pushing the vehicle to 73 mph before the collision. The National Highway Traffic Safety Administration announced it has launched an investigation into the crash following the driver's assertion that the vehicle was operating on Autopilot at the time.
Catheter Precision, Inc.(VTAK.US) shares rise markedly by 83.7% to US$1.69 in the pre-market trading session.
Here are some other stocks moving in pre-market trading as of 11:53:01, Jun. 24 (Wednesday) Riyadh Time.
Gainers
Change | Price(US$) | Ticker (🌙 means "Shariah Compliant") | Additional Information |
83.7% | 1.69 | Catheter Precision, Inc.(VTAK.US) | Partnership with GSE Worldwide and new technology patents. |
66.7% | 0.29 | 🌙 Megan Holdings Limited Class A(MGN.US) | Seeking approval for a 1-for-400 reverse stock split.; Stock ballooned by 29.7% on last trading day |
66.0% | 6.54 | 🌙 Cuprina Holdings (Cayman) Limited Class A(CUPR.US) | Received 510(k) clearance from FDA for MEDIFLY Maggots. |
42.5% | 4.63 | 🌙 Quoin Pharmaceuticals. Ltd Sponsored ADR(QNRX.US) | Due to FDA conditional approval for QYLEKI to treat Netherton syndrome. |
35.4% | 0.2 | Profusa, Inc.(PFSA.US) | - |
29.5% | 4.61 | Wunong Net Technology Co. Ltd.(WNW.US) | - |
22.0% | 12.71 | Churchill Capital Corp. XI Class A(CCXI.US) | - |
18.8% | 2.66 | 🌙 LEIFRAS Co(LFS.US) | Signed agreement to acquire SWIFT JAPAN. |
16.6% | 5.0 | 🌙 Modular Medical Inc(MODD.US) | - |
15.6% | 0.17 | LM Funding America Inc(LMFA.US) | - |
Losers
Change | Price(US$) | Ticker (🌙 means "Shariah Compliant") | Additional Information |
-28.7% | 0.72 | 🌙 XCHG Limited ADR(XCH.US) | Due to Anker Innovations' $295M cornerstone investor subscription. |
-18.9% | 0.46 | 🌙 Mobile-health Network Solutions Class A(MNDR.US) | Due to Skylink partnership announcement with Contfinity. |
-17.6% | 0.73 | 🌙 Tianci International Inc(CIIT.US) | Year-over-year increase in third-quarter financial results. |
-17.3% | 0.32 | Rubico Inc.(RUBI.US) | Due to 1-for-25 reverse stock split compliance strategy. |
-15.2% | 0.19 | 🌙 Jinxin Technology Holding Company ADR(NAMI.US) | - |
-14.9% | 10.64 | RTB Digital, Inc.(RTB.US) | Due to a 14.8% pre-market price decline. |
-14.2% | 194.51 | Cerebras Systems(CBRS.US) | Due to weak second-quarter gross margin guidance. |
-13.0% | 0.25 | 🌙 CISO Global, Inc.(CISO.US) | - |
-12.8% | 1.16 | Atlantic International Corp(ATLN.US) | - |
-12.6% | 0.05 | 🌙 INLIF Ltd.(INLF.US) | Due to 49% decline on Tuesday.; Stock improved significantly by 49.3% on last trading day |
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.