Why Palantir Shares Are Trading Higher By 16%; Here Are 20 Stocks Moving Premarket

Palantir
Inno Holdings, Inc.
Ensysce Biosciences, Inc.
SU Group Holdings
Hydrofarm Holdings Group, Inc.

Palantir

PLTR

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Inno Holdings, Inc.

INHD

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Ensysce Biosciences, Inc.

ENSC

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SU Group Holdings

SUGP

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Hydrofarm Holdings Group, Inc.

HYFM

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Shares of Palantir Technologies Inc (NASDAQ:PLTR) rose sharply in pre-market trading, after the company posted upbeat financial results for the second quarter and raised its FY26 sales guidance.

Palantir reported second-quarter revenue of $1.94 billion, beating analyst estimates of $1.80 billion. The AI software company reported adjusted earnings of 41 cents per share for the quarter, beating estimates of 35 cents per share, according to Benzinga Pro.

Palantir shares jumped 16.1% to $145.85 in pre-market trading.

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

Gainers

  • Rain Enhancement Technologies Holdco Inc (NASDAQ:RAIN) gained 141.8% to $3.82 in pre-market trading after rising 6% on Monday.
  • Ensysce Biosciences Inc (NASDAQ:ENSC) rose 79.3% to $0.50 in pre-market trading after the company received a notice of allowance for a U.S. patent titled “COMPOSITIONS COMPRISING ENZYME-CLEAVABLE AMPHETAMINE PRODRUGS AND INHIBITORS THEREOF.”
  • eLong Power Holding Ltd (NASDAQ:ELPW) rose 61.1% to $0.17 in pre-market trading after declining 40% on Monday. The company announced the pricing of its registered offering of 11,466,666 units at $0.12 per Unit.
  • Decent Holding Inc (NASDAQ:DXST) rose 32.7% to $3.00 in pre-market trading.
  • Adagio Medical Holdings Inc (NASDAQ:ADGM) shares rose 30.3% to $0.60 in pre-market trading after the company announced the first patient was successfully treated with its next-generation vCLAS Ultra ablation system under the Food and Drug Administration’s Expanded Access authorization.
  • Ameresco Inc (NYSE:AMRC) gained 28.6% to $29.24 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY26 adjusted EPS guidance above estimates.
  • Backblaze Inc (NASDAQ:BLZE) rose 17.3% to $18.29 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY26 sales guidance above estimates.
  • Voyager Technologies Inc (NYSE:VOYG) gained 16.3% to $32.58 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY26 sales guidance above estimates.
  • Ethos Technologies Inc (NASDAQ:LIFE) rose 14.3% to $26.09 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY26 sales guidance above estimates.

Losers

  • Reitar Logtech Holdings Ltd (NASDAQ:RITR) tumbled 47.6% to $0.18 in pre-market trading after surging 495% on Monday. The company announced that its Jingxing HK unit signed an MoU with Cainiao to cooperate on smart warehousing and automated logistics projects overseas.
  • Hydrofarm Holdings Group Inc (NASDAQ:HYFM) fell 22.3% to $1.67 in pre-market trading. Hydrofarm Holdings Group shares jumped 298% on Monday after the company announced the sale of it Aurora Peat unit for $16 million, with proceeds going to pay down term loan debt.
  • SU Group Holdings Ltd (NASDAQ:SUGP) fell 21.6% to $0.38 in pre-market trading after the company announced it received a Nasdaq delisting notification.
  • LI Bang International Corporation Inc (NASDAQ:LBGJ) declined 20.6% to $3.33 in pre-market trading after gaining 12% on Monday.
  • Inno Holdings Inc (NASDAQ:INHD) fell 20.4% to $7.50 in pre-market trading after dipping 48% on Monday.
  • Kandal M Venture Ltd (NASDAQ:FMFC) fell 19.6% to $0.27 in pre-market trading after dipping 35% on Monday.
  • Wetour Robotics Ltd (NASDAQ:WETO) fell 17.7% to $5.50 in pre-market trading after declining over 25% on Monday.
  • Clearpoint Neuro Inc (NASDAQ:CLPT) fell 14.5% to $13.13 in pre-market trading after the company reported worse-than-expected second-quarter financial results and cut its FY26 sales guidance below estimates.
  • Powell Industries Inc (NASDAQ:POWL) fell 13.4% to $190.02 in pre-market trading after the company reported worse-than-expected quarterly financial results.
  • SS Innovations International Inc (NASDAQ:SSII) fell 12.4% to $3.46 in pre-market trading.

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