Why Five Below Shares Are Trading Higher By 12%; Here Are 20 Stocks Moving Premarket

Shares of Five Below, Inc. FIVE rose sharply in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates.

Five Below reported adjusted earnings of $3.48 per share, beating market estimates of $3.38 per share. The company's sales came in at $1.391 billion versus expectations of $1.386 billion.

Five Below shares jumped 11.9% to $84.59 in the pre-market trading session.

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

Gainers

SAG Holdings Limited SAG gained 77.8% to $1.20 in pre-market trading after jumping 7% on Wednesday.
OptiNose, Inc. OPTN rose 59.3% to $9.56 in pre-market trading. Paratek Pharmaceuticals announced plans to acquire Optinose in a deal worth up to $330 million.
ProAssurance Corporation PRA gained 50.6% to $23.41 in pre-market trading after the company announced it will be acquired by The Doctors Company for $25.00 per share in cash.
AGM Group Holdings Inc. AGMH gained 40.3% to $0.1010 in pre-market. AGM Group Holdings announced the receipt of Nasdaq notification regarding minimum bid requirements.
DevvStream Corp. DEVS gained 28.7% to $0.4761 in pre-market trading after jumping 8% on Wednesday.
Emerson Radio Corp. MSN gained 27.2% to $0.56 in pre-market trading.
CIMG Inc. IMG gained 21.1% to $0.5812 in pre-market trading after the company announced its subsidiary signed a business cooperation intent agreement with Shanghai Huomao.
IO Biotech, Inc. IOBT rose 12.1% to $1.02 in pre-market trading.
Brookdale Senior Living Inc. BKD rose 8.1% to $6.60 in pre-market trading.

Losers

Zoomcar Holdings, Inc. ZCAR fell 28.4% to $0.2196 in pre-market trading after the company announced a 1-for-20 reverse stock split.
Akebia Therapeutics, Inc. AKBA shares fell 26.2% to $2.09 in pre-market trading after the company priced its $50 million public offering of 25 million common shares at $2 per share.
Leishen Energy Holding Co., Ltd. LSE fell 17.1% to $10.37 in pre-market trading after gaining around 66% on Wednesday. Leishen Energy recently reported FY24 financial results.
Riverview Bancorp, Inc. RVSB declined 13.2% to $4.66 in pre-market trading.
Benson Hill, Inc. BHIL dipped 13.2% to $0.56 in pre-market trading after dipping 15% on Wednesday.
Virpax Pharmaceuticals, Inc. VRPX shares tumbled 13.2% to $0.0944 in pre-market trading. Virpax Pharmaceuticals shares fell 16% on Wednesday after the company announced a 1-for-25 reverse stock split.
Meihua International Medical Technologies Co., Ltd. MHUA shares fell 12.3% to $0.2884 in pre-market trading.
Maze Therapeutics, Inc MAZE fell 11.8% to $10.70 in today's pre-market trading.
JOYY Inc. YY shares dipped 10.8% to $41.78 in pre-market trading following weak quarterly sales.
Enerflex Ltd. EFXT fell 7.1% to $7.00 in pre-market trading after the company reported that Marc Rossiter has stepped down as President, CEO, and Director.