Why AppLovin Shares Are Trading Higher By Around 22%; Here Are 20 Stocks Moving Premarket
AppLovin Corporation APP | 0.00 | |
China Natural Resources, Inc. CHNR | 0.00 | |
Cineverse Corp. - Class A Common Stock CNVS | 0.00 | |
Cisco Systems, Inc. CSCO | 0.00 | |
Eason Technology Ltd. ADR DXF | 0.00 |
Shares of AppLovin Corporation (NASDAQ:APP) rose sharply in today’s pre-market trading after the company reported better-than-expected fourth-quarter financial results.
AppLovin reported quarterly earnings of 49 cents per share which beat the analyst consensus estimate of 36 cents. The company reported quarterly sales of $953.26 million, beating the analyst consensus estimate of $928.17 million.
AppLovin shares jumped 22.3% to $57.30 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- China Natural Resources, Inc. (NASDAQ:CHNR) gained 409% to $5.60 in pre-market trading after gaining around 10% on Wednesday.
- Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) shares jumped 70.2% to $1.89 in pre-market trading after surging around 19% on Wednesday.
- SoundHound AI, Inc. (NASDAQ:SOUN) gained 69.8% to $3.83 in pre-market trading. According to data from Benzinga Pro, BlackRock reported a 5.6% passive stake in SoundHound AI after the market close. Traders also appear to be circling a filing from Nvidia in which the company disclosed positions in several companies, including SoundHound AI.
- Nano-X Imaging Ltd. (NASDAQ:NNOX) shares rose 46.2% to $9.30 in pre-market trading. Nvidia reported a 59,632 share stake in Nano X Imaging.
- Roma Green Finance Limited (NASDAQ:ROMA) shares surged 38% to $1.49 in pre-market trading after falling 6% on Wednesday.
- Dunxin Financial Holdings Limited (NYSE:DXF) shares gained 34.2% to $0.49 in pre-market trading after gaining around 5% on Wednesday.
- Greenpro Capital Corp. (NASDAQ:GRNQ) shares rose 24.3% to $1.74 in pre-market trading after gaining around 23% on Wednesday.
- JFrog Ltd. (NASDAQ:FROG) shares gained 22.1% to $44.92 in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued first-quarter adjusted EPS and revenue guidance above estimates.
- Informatica Inc. (NYSE:INFA) gained 17.3% to $35.34 in pre-market trading after the company reported better-than-expected fourth-quarter financial results.
Losers
- Treasure Global Inc. (NASDAQ:TGL) shares dipped 40.4% to $0.0945 in pre-market trading following second-quarter results.
- Cineverse Corp. (NASDAQ:CNVS) shares fell 31.9% to $1.60 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
- Upexi, Inc. (NASDAQ:UPXI) shares declined 29.5% to $0.9724 in pre-market trading following weak quarterly results.
- Nu Skin Enterprises, Inc. (NYSE:NUS) shares fell 24% to $13.25 in pre-market trading after the company reported fourth-quarter financial results.
- Fastly, Inc. (NYSE:FSLY) shares tumbled 23.1% to $18.10 in pre-market trading after the company reported mixed fourth-quarter financial results.
- enGene Holdings Inc. (NASDAQ:ENGN) shares fell 13.3% to $14.30 in pre-market trading. enGene shares jumped around 116% on Wednesday after the company announced an oversubscribed $200 million private placement financing.
- Herbalife Ltd. (NYSE:HLF) shares declined 12.3% to $10.30 in pre-market trading following weak quarterly earnings.
- Twilio Inc. (NYSE:TWLO) dipped 12.1% to $63.51 in pre-market trading after the company reported fourth-quarter financial results.
- Telomir Pharmaceuticals, Inc. (NASDAQ:TELO) shares fell 10.7% to $10.64 in pre-market trading after jumping around 70% on Wednesday.
- Cisco Systems, Inc. (NASDAQ:CSCO) fell 5.2% to $47.67 in pre-market trading following second-quarter results.
Now Read This: Cisco, Deere And 3 Stocks To Watch Heading Into Thursday
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