Why Keysight Technologies Shares Are Trading Higher By Over 9%; Here Are 20 Stocks Moving Premarket

Shares of Keysight Technologies, Inc. KEYS rose sharply in today's pre-market trading reported better-than-expected earnings for its fourth quarter.

Keysight reported quarterly earnings of $1.65 per share which beat the analyst consensus estimate of $1.57. The company reported quarterly sales of $1.287 billion which beat the analyst consensus estimate of $1.258 billion.

The company said it sees first-quarter revenue of $1.265 billion to $1.285 billion and adjusted earnings of $1.65 to $1.71 per share.

Keysight shares jumped 9.3% to $166.20 in the pre-market trading session.

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

Gainers

• Tonix Pharmaceuticals Holding Corp. TNXP gained 63.6% to $0.2663 in pre-market trading after jumping 22% on Tuesday.
• Nauticus Robotics, Inc. KITT rose 59.3% to $1.45 in pre-market trading after the company entered into strategic collaboration with SeaTrepid to integrate and test its ToolKITT software on remotely operated vehicles.
• Tevogen Bio Holdings Inc. TVGN gained 41.2% to $1.92 in pre-market trading following third-quarter results.
• Digital Brands Group, Inc. DBGI gained 30.7% to $0.1524 in pre-market trading after jumping around 18% on Tuesday.
• JX Luxventure Ltd JXJT gained 26.2% to $1.64 in pre-market trading after declining around 12% on Tuesday.
• KORE Group Holdings, Inc. KORE gained 25.1% to $2.29 in pre-market trading after the company reported better-than-expected quarterly sales results.
• Algorhythm Holdings, Inc. RIME gained 23.4% to $0.3150 in pre-market trading after reporting third-quarter results.
• Hoth Therapeutics, Inc. HOTH climbed 22.2% to $0.9993 in pre-market trading after the company was granted U.S. Patent No. 12,144,815 titled “Use of Aprepitant for Treating Alzheimer’s Disease.”
• Kingsoft Cloud Holdings Limited KC gained 20.8% to $5.55 in pre-market trading. Kingsoft Cloud, on Tuesday, reported a fiscal third-quarter 2024 revenue of 1.89 billion Chinese yuan ($268.7 million), up by 16.0% year-on-year, beating the analyst consensus estimate of $247.46 million.

Losers

• PainReform Ltd. PRFX shares tumbled 26.4% to $1.03 in pre-market trading after jumping 162% on Tuesday. The company announced a 1-for-4 reverse stock split.
• X3 Holdings Co., Ltd. XTKG fell 27.4% to $0.1050 in pre-market trading. XTKG announced a 1-for-20 share consolidation.
• Solidion Technology Inc. STI shares fell 21.2% to $0.5003 in pre-market trading following third-quarter results.
• Volato Group, Inc. SOAR declined 16.7% to $0.3912 in pre-market trading after jumping 123% on Tuesday. Volato Group, on Monday, reported a year-over-year increase in third-quarter financial results.
• HCW Biologics Inc. HCWB shares fell 16.6% to $0.9180 in pre-market trading after dipping 11% on Tuesday. The company announced a $6.9 million direct offering and private placement.
• Powell Industries, Inc. POWL dipped 15.4% to $264.00 in pre-market trading after the company reported worse-than-expected fourth-quarter revenue results.
• Destiny Tech100 Inc. DXYZ shares dipped 13.4% to $39.18 in pre-market trading after jumping 24% on Tuesday.
• Workhorse Group Inc. WKHS fell 13.1% to $1.06 in pre-market trading after posting quarterly results.
• Silvercorp Metals Inc. SVM fell 11.3% to $3.59 in pre-market trading after the company announced a $130 million convertible senior notes offering.
• QuidelOrtho Corporation QDEL fell 6.7% to $36.01 in today's pre-market trading after the company announced the pricing of secondary offering of common stock by the Carlyle Group.

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