Why Grab Holdings Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket

Shares of Grab Holdings Limited GRAB rose sharply in today's pre-market trading after the company posted better-than-expected results for its third quarter and raised its 2024 outlook.

The company reported quarterly earnings of 1 cent per share, compared to consensus estimates of a loss of 1 cent per share.

Grab shares surged 12.3% to $4.92 in the pre-market trading session.

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

Gainers

• XBP Europe Holdings, Inc. XBP gained 79.3% to $1.63 in pre-market trading after Reaktr announced the availability of SecAi on Oracle Cloud Infrastructure and in the Oracle Cloud Marketplace.
• BTC Digital Ltd. BTCT rose 48% to $3.73 in pre-market trading after gaining around 36% on Monday.
• MSP Recovery, Inc. LIFW gained 45.6% to $0.1845 in pre-market trading. LifeWallet announced $5.9 million in comprehensive settlements, beta tests new clearinghouse solution to tackle medicare waste.
• LogicMark, Inc. LGMK shares rose 31.7% to $0.1752 in pre-market trading after gaining 8% on Monday.
• Bridger Aerospace Group Holdings, Inc. BAER gained 28.6% to $4.50 in pre-market trading after the company reported better-than-expected third-quarter revenue results and raised its FY24 revenue guidance.
• MultiMetaVerse Holdings Limited MMV climbed 24.4% to $0.5200 in pre-market trading. MultiMetaVerse recently provided updates on its joint venture with Zhenghe.
• Taoping Inc. TAOP gained 13.7% to $0.4561 in pre-market trading.
• Luminar Technologies, Inc. LAZR rose 13.7% to $1.16 in pre-market trading after the company provided a business update for the third quarter after the bell on Monday. Luminar said it continues to meet all key deliverables for the Volvo EX90 production ramp. The lidar company said it shipped more product in the third quarter than it did in the past three quarters combined.
• Taysha Gene Therapies, Inc. TSHA gained 11.6% to $1.82 in pre-market trading. Taysha Gene Therapies will report its financial results for the third quarter ended Sept. 30, on Wednesday, Nov. 13.

Losers

• Neurogene Inc. NGNE shares tumbled 32.9% to $47.99 in pre-market trading after the company reported interim efficacy data from first four low-dose pediatric participants in NGN-401 gene therapy clinical trial for Rett syndrome
• 1847 Holdings LLC EFSH shares fell 30.7% to $1.38 in pre-market trading after jumping 727% on Monday.
• Destiny Tech100 Inc. DXYZ declined 21.3% to $33.40 in pre-market trading after gaining 17% on Monday.
• Signing Day Sports, Inc. SGN shares fell 19.8% to $0.2000 in pre-market trading after gaining 35% on Monday.
• Agora, Inc. API fell 13.8% to $4.32 in pre-market trading. Agora will release its financial results for the third quarter ended Sept. 30 after the closing bell on Nov. 25.
• CERo Therapeutics Holdings, Inc. CERO dipped 13.3% to $0.17 in pre-market trading. CERo Therapeutics shares jumped 180% on Monday after the company announced the presentation of preclinical data demonstrating the capability of CER-1236 to kill ovarian cancer cells in preclinical models
• Matinas BioPharma Holdings, Inc. MTNB fell 12.7% to $0.7850 in pre-market trading after surging over 29% on Monday.
• Oragenics, Inc. OGEN fell 10.7% to $0.3320 in today's pre-market trading.
• Bionomics Limited BNOX shares dipped 10.5% to $0.32 in pre-market trading after falling 9% on Monday.
• Zeta Global Holdings Corp. ZETA fell 9.8% to $33.15 in pre-market trading following third-quarter results.

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