Why Pinterest Shares Are Trading Higher By 13%; Here Are 20 Stocks Moving Premarket

Shares of Pinterest, Inc. PINS rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter sales results and issued second-quarter sales guidance with its midpoint above estimates. Also, Pinterest’s reported an increase in its monthly average users.

Pinterest reported first-quarter revenue of $855 million, beating estimates of $846.59 million, according to Benzinga Pro. The idea discovery platform company reported first-quarter adjusted earnings of 23 cents per share, missing analyst estimates of 26 cents per share.

Pinterest shares jumped 12.7% to $31.40 in the pre-market trading session.

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

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Gainers

ZK International Group Co., Ltd. ZKIN rose 88.8% to $4.76 in pre-market trading after jumping 129% on Thursday.
SCWorx Corp. WORX surged 75.1% to $0.9595 in pre-market trading.
Corvus Pharmaceuticals, Inc. CRVS gained 37% to $4.59 in pre-market trading after it reported first-quarter EPS. The company also reported data from its Cohorts 1-3 of Placebo-Controlled phase 1 clinical trial.
Shuttle Pharmaceuticals Holdings, Inc. SHPH jumped 22.3% to $0.33 in pre-market trading after the company announced FDA orphan-drug nears patient enrollment milestone for phase 2 clinical trial.
PHX Minerals Inc. PHX gained 20.8% to $4.33 in pre-market trading after WhiteHawk announced plans to but the company for $4.35 per share.
TransMedics Group, Inc. TMDX surged 16.5% to $108.84 in pre-market trading after the company reported better-than-expected first-quarter financial results and raised its FY25 sales guidance above estimates.
Green Dot Corporation GDOT climbed 14.8% to $10.00 in pre-market trading after the company reported better-than-expected first-quarter financial results and raised its FY25 guidance above estimates.
The Trade Desk, Inc. TTD gained 14.2% to $68.36 in pre-market trading after the company reported better-than-expected quarterly financial results.
Clean Energy Technologies, Inc. CETY gained 12.6% to $0.5293 in pre-market trading after rising 18% on Thursday.

Losers

Jade Biosciences, Inc. JBIO shares dipped 44.4% to $5.00 in pre-market trading.
NuCana plc NCNA shares fell 39.2% to $0.0626 in pre-market trading after dipping 66% on Thursday. NuCana recently announced a registered direct offering with approximately $7 million gross proceeds.
Twin Vee Powercats Co. VEEE shares fell 38.7% to $4.57 in pre-market trading after the company announced the pricing of public offering.
Super League Enterprise, Inc. SLE fell 37.5% to $0.2033 in pre-market trading after the company announced the launch of a proposed public offering.
Iovance Biotherapeutics, Inc. IOVA shares tumbled 35.6% to $2.04 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
Profound Medical Corp. PROF dipped 34.7% to $3.25 in pre-market trading after posting downbeat quarterly earnings.
Solidion Technology Inc. STI fell 25.6% to $0.1170 in today's pre-market trading. Solidion Technology shares jumped 67% on Thursday after the company presented its patented technology for transforming lithium-ion facilities into battery producers.
Globus Medical, Inc. GMED fell 17.2% to $60.00 in pre-market trading after the company reported worse-than-expected first-quarter financial results and cut its FY25 adjusted EPS guidance below estimates.
FIGS, Inc. FIGS declined 16.2% to $4.22 in pre-market trading after reporting first-quarter results.
Wolfspeed, Inc. WOLF fell 13.2% to $3.84 in pre-market trading after reporting mixed quarterly results.