Shares of Xos, Inc. XOS rose sharply in today's pre-market trading after the company reported 2024 results.

The company reported its 2024 revenue surged to $56 million, compared to $44.5 million in 2023. The company delivered 297 units in 2024, up from 283 units in the previous year. Its GAAP gross margins improved from a negative 2.9% in 2023 to a positive 7.1% in 2024.

Xos shares jumped 9% to $3.75 in pre-market trading

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

Gainers

  • Treasure Global Inc. TGL gained 75.3% to $0.1402 in pre-market trading after falling over 22% on Friday.
  • Citius Oncology, Inc. CTOR rose 50.4% to $1.00 in pre-market trading.
  • Color Star Technology Co., Ltd. ADD rose 50% to $1.20 in pre-market trading after falling around 5% on Friday.
  • iCoreConnect Inc. ICCT gained 37.2% to $0.3910 in pre-market trading after dipping more than 17% on Friday.
  • QuantaSing Group Limited QSG gained 30.1% to $4.45 in pre-market trading after gaining around 12% on Friday. QuantaSing Group, last week, expanded into pop toys market with strategic acquisition of Letsvan.
  • Know Labs, Inc. KNW rose 19.2% to $0.8701 in pre-market trading after declining 5% on Friday.
  • AIM ImmunoTech Inc. AIM surged 15.5% to $0.1397 in pre-market trading. AIM ImmunoTech, last week, posted upbeat FY 2024 results.
  • China Yuchai International Limited CYD gained 7.7% to $17.96 in pre-market after declining 8% on Friday.
  • Interface, Inc. TILE gained 6.3% to $20.99 in pre-market trading.

Losers

  • Damon Inc. DMN shares fell 48.3% to $0.0176 in pre-market trading after dipping 23% on Friday.
  • Acuren Corporation TIC fell 37.7% to $7.00 in pre-market trading.
  • Capricor Therapeutics, Inc. CAPR fell 19.9% to $9.21 in pre-market trading. The company, last week, reported fourth-quarter financial results and beat its EPS and revenue estimates.
  • Hillman Solutions Corp. HLMN declined 19.5% to $7.00 in pre-market trading.
  • Enzo Biochem, Inc. ENZ fell 18.7% to $0.35 in pre-market trading. Enzo Biochem announced plans to voluntarily delist its common stock from the new York Stock Exchange.
  • Arhaus, Inc. ARHS dipped 18.3% to $7.00 in pre-market trading after tumbling over 8% on Friday.
  • NeOnc Technologies Holdings, Inc. NTHI shares dipped 17.7% to $14.00 in pre-market trading.
  • Digital Ally, Inc. DGLY shares tumbled 15.3% to $0.0288 in pre-market trading after falling over 20% on Friday.
  • CareDx, Inc CDNA fell 14.3% to $15.40 in today's pre-market trading.
  • Couchbase, Inc. BASE shares fell 8.1% to $14.40 in pre-market trading after gaining 7% on Friday.

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Got Questions? Ask
Which electric vehicle companies could benefit from Xos's growth?
How might suppliers of Xos be impacted by increased production?
Which competitors in the EV market may feel pressure from Xos's gains?
Could Xos's success lead to investment in EV infrastructure?
How will market sentiment shift towards other EV stocks?
Which stocks in clean energy might see a boost due to Xos's performance?
Are there opportunities in battery technology related to Xos's growth?
How might Xos's results affect investments in logistics companies?
What implications does Xos's growth have for public transportation solutions?
Which automotive supply chain companies are at risk or gain from EV market shifts?
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