Why Flexsteel Industries Shares Are Trading Higher By 9%; Here Are 20 Stocks Moving Premarket

Amylyx Pharmaceuticals, Inc.
Fabrinet
Flexsteel Industries, Inc.
BioXcel Therapeutics, Inc.
AXT, Inc.

Amylyx Pharmaceuticals, Inc.

AMLX

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Fabrinet

FN

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Flexsteel Industries, Inc.

FLXS

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BioXcel Therapeutics, Inc.

BTAI

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AXT, Inc.

AXTI

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Shares of Flexsteel Industries Inc (NASDAQ:FLXS) rose sharply in pre-market trading as the company posted better-than-expected fourth-quarter financial results.

The company reported quarterly earnings of $1.33 per share, which beat the analyst consensus estimate of $1.09 per share. The company reported quarterly sales of $115.365 million, which beat the analyst consensus estimate of $109.663 million.

Flexsteel Industries shares jumped 9% to $77.25 in pre-market trading.

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

Gainers

  • Profusa Inc (NASDAQ:PFSA) gained 136.2% to $10.70 in pre-market trading after rising around 27% on Monday. Profusa recently announced a 1-for-4 reverse stock split.
  • E-Home Household Service Holdings Ltd (NASDAQ:EJH) rose 69.1% to $2.45 in pre-market trading after declining 17% on Monday.
  • Xos Inc (NASDAQ:XOS) rose 69.4% to $3.54 in pre-market trading after the company announced a prototype contract with the U.S. Air Force to develop and deliver a deployable mobile charging solution.
  • Wetour Robotics Ltd (NASDAQ:WETO) rose 48.1% to $36.42 in pre-market trading after gaining 397% on Monday.
  • Singularity Future Technology Ltd (NASDAQ:SGLY) rose 37.6% to $6.18 in pre-market trading after declining 9% on Monday.
  • Vogenx (NASDAQ:VOGX) rose 35.7% to $21.37 in pre-market trading after gaining more than 6% on Monday.
  • WF Holding Ltd (NASDAQ:WFF) gained 33.7% to $2.70 in pre-market trading after adding 40% on Monday.
  • Amylyx Pharmaceuticals Inc (NASDAQ:AMLX) shares gained 21% to $25.93 in pre-market trading after the company announced it will reveal its topline results from its Phase 3 LUCIDITY Clinical Trial of Avexitide in Post-Bariatric Hypoglycemia on Aug. 18.
  • Einride AB (NASDAQ:ENRD) rose 14.3% to $7.04 in pre-market trading. Soros Fund Management recently reported a share stake of 3.0 million in Einride AB.

Losers

  • Synergy CHC Corp (NASDAQ:SNYR) tumbled 28% to $0.11 in pre-market trading after dipping 7% on Monday.
  • Expion360 Inc (NASDAQ:XPON) fell 17.6% to $3.65 in pre-market trading after jumping 22% on Monday.
  • Nomadar Corp (NASDAQ:NOMA) declined 16.7% to $2.29 in pre-market trading after falling over 5% on Monday.
  • BioXcel Therapeutics Inc (NASDAQ:BTAI) fell 14.6% to $0.76 in pre-market trading after dipping 25% on Monday.
  • Youlife Group Inc – ADR (NASDAQ:YOUL) fell 14.1% to $0.46 in pre-market trading after gaining 8% on Monday. Youlife Group recently announced it received a Nasdaq non-compliance notice.
  • Super League Enterprise Inc (NASDAQ:SLE) fell 13.9% to $2.60 in pre-market trading after gaining 33% on Monday. Super League Enterprise recently reported mixed second-quarter financial results.
  • Farmmi Inc (NASDAQ:FAMI) fell 10.3% to $0.12 in pre-market trading after dipping 17% on Monday.
  • Fabrinet (NYSE:FN) fell 9.1% to $544.06 in pre-market trading after the company issued first-quarter GAAP EPS guidance below estimates.
  • Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) fell 6.7% to $1.80 in pre-market trading after gaining 2% on Monday.
  • AXT Inc (NASDAQ:AXTI) fell 6.7% to $89.55 in pre-market trading after jumping around 18% on Monday.

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