Urban Outfitters, Toll Brothers And Other Big Stocks Moving Higher In Wednesday's Pre-Market Session

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

• Apellis Pharmaceuticals, Inc. APLS shares jumped 29.3% to $39.77 in pre-market trading after the company said events of retinal vasculitis in treatment with SYFOVRE were rare, with an estimated real-world rate of 0.01% per injection.
• iTeos Therapeutics, Inc. ITOS climbed 23.6% to $14.52 in pre-market trading. ITeos Therapeutics recently reported a loss for the second quarter.
• Arcus Biosciences, Inc. RCUS shares gained 22.1% to $22.97 in pre-market trading. Arcus Biosciences recently posted downbeat quarterly results.
• Hitek Global Inc. HKIT shares rose 13.3% to $31.50 in pre-market trading after jumping 24% on Tuesday.
• AMTD Digital Inc. HKD gained 12.1% to $7.14 in pre-market trading. AMTD Digital shares gained 27% on Tuesday after the company announced a $30 million share repurchase program.
• Manchester United plc MANU shares rose 9.6% to $23.90 in pre-market trading.
• Arcos Dorados Holdings Inc. ARCO climbed 8.9% to $10.87 in pre-market trading. Blink Charging entered into an agreement with Arcos Dorados Holdings to provide EV charging solutions to five restaurants in Puerto Rico.
• Urban Outfitters, Inc. URBN gained 7.1% to $36.50 in pre-market trading as the company reported better-than-expected second-quarter earnings. Its total inventory decreased by 15.9% year-over-year as of July 31.
• VinFast Auto Ltd. VFS gained 6.6% to $39.13 in pre-market trading. VinFast shares jumped 109% on Tuesday following a Reuters report suggesting SGI, which supplies magnets to VinFast, is investing $80 million in its new Vietnam factory with production starting in 2024.
• Toll Brothers, Inc. TOL gained 3% to $78.18 in pre-market trading as the company reported upbeat results for its third quarter. The company expects to deliver between 2,650 and 2,750 units in the fourth quarter, up from 2,524 in the third quarter.

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