Fortinet, Enphase Energy And Other Big Stocks Moving Higher In Wednesday's Pre-Market Session

U.S. stock futures traded lower this morning. Here are some big stocks recording gains in today’s pre-market trading session.

• Youdao, Inc. DAO jumped 22.2% to $8.46 in pre-market trading. Youdao is expected to report Q4 financial results on February 23.
• New Relic, Inc. NEWR gained 16.4% to $75.20 in pre-market trading after the company reported better-than-expected Q3 results and issued strong guidance.
• Manchester United plc MANU gained 13.4% to $23.98 in pre-market trading following a Daily Mail report suggesting Qatari investors could soon make an offer for the company.
• Zhihu Inc. ZH climbed 13.2% to $2.13 in pre-market trading after gaining around 32% on Tuesday.

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• Fortinet, Inc.. FTNT gained 11.3% to $60.16 in pre-market trading after the company reported better-than-expected Q4 EPS. The company also issued revenue and EPS guidance with a midpoint above consensus estimates.
• BigBear.ai Holdings, Inc. BBAI climbed 9.7% to $5.40 in pre-market trading after dropping over 19% on Tuesday.
• Enphase Energy, Inc. ENPH rose 9.6% to $250.78 in pre-market trading after the company reported better-than-expected Q4 results and issued strong Q1 guidance.
• Equinor ASA EQNR gained 6.2% to $31.10 in pre-market trading following Q4 results. Equinor proposed 50% increase in ordinary cash dividend to $0.30 per share.
• SolarEdge Technologies, Inc. SEDG gained 5.6% to $337.25 in pre-market trading.
• Bed Bath & Beyond Inc. BBBY climbed 5.3% to $3.17 in pre-market trading. Bed Bath & Beyond shares fell over 48% on Tuesday after the company announced a proposed $225 million offering of Series A Convertible Preferred Stock and warrants.

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