Why Rush Street Interactive Shares Are Trading Higher By Around 25%; Here Are 20 Stocks Moving Premarket

Shares of Rush Street Interactive, Inc. RSI rose sharply in today’s pre-market trading as the company reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for 2024.

Rush Street Interactive posted adjusted earnings of 1 cent per share, versus market expectations for a loss of 3 cents per share. The company’s quarterly sales came in at $193.85 million, topping estimates of $178.56 million.

Rush Street Interactive shares surged 25.2% to $6.75 in pre-market trading

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

Gainers

• Lytus Technologies Holdings PTV. Ltd. LYT gained 275.6% to $8.68 in pre-market trading after the company announced the launch of Lytus Cloud.
• Brera Holdings PLC BREA shares rose 199% to $3.05 in pre-market trading. Brera Holdings said its Executive Chairman Daniel McClory acquired a majority stake in the company.
• Beneficient BENF shares rose 61.1% to $0.1611 in pre-market trading. Beneficient agreed to the financing of liquidity transactions for three separate funds managed by ff Venture Capital.
• Mustang Bio, Inc. MBIO gained 41.2% to $1.92 in pre-market trading.
• The Honest Company, Inc. HNST rose 30.5% to $4.11 in pre-market trading after the company reported better-than-expected fourth-quarter financial results.
• OneSpan Inc. OSPN climbed 27.5% to $12.21 in pre-market trading after the company reported better-than-expected fourth-quarter financial results.
• AudioEye, Inc. AEYE shares gained 20.4% to $8.34 in pre-market trading after the company reported mixed fourth-quarter financial results and issued guidance.
• Yext, Inc. YEXT shares gained 18.5% to $7.06 in pre-market trading after the company reported better-than-expected fourth-quarter financial results.
• Avinger, Inc. AVGR shares rose 16.2% to $4.30 in pre-market trading after the company entered into strategic partnership and up to $15 million equity funding agreement with Zylox-Tonbridge to access Greater China market.

Losers

• Victoria's Secret & Co. VSCO fell 29.1% to $18.16 pre-market trading after reporting fourth-quarter results.
• Avid Bioservices, Inc. CDMO shares tumbled 27.4% to $6.38 in pre-market trading after the company reported certain preliminary third-quarter financial results and announced a proposed $160 million private placement of convertible notes.
• Solowin Holdings SWIN fell 22.1% to $36.64 in pre-market trading after jumping 135% on Wednesday.
• Aptorum Group Limited APM shares dipped 21.8% to $7.42 in pre-market trading. Aptorum shares jumped 468% on Wednesday after the company announced it entered into an agreement and plan of merger with YOOV and also announced a spin-off agreement to separate its legacy business.
• Solowin Holdings SWIN dipped 21.3% to $37.00 in pre-market trading after jumping 135% on Wednesday.
• Enviva Inc. EVA shares tumbled 20.6% to $0.7480 after surging over 27% on Wednesday.
• Emergent BioSolutions Inc. EBS fell 17.8% to $2.68 pre-market trading after posting weak quarterly results.
• Airship AI Holdings, Inc. AISP fell 17.6% to $5.70 in pre-market trading. Airship AI Holdings filed amended S-1 registration statement.
• ADT Inc. ADT shares fell 12.9% to $6.51 in pre-market trading as the company reported pricing of secondary public offering of common stock and concurrent share repurchase.
• TriplePoint Venture Growth BDC Corp. TPVG declined 8% to $10.00 in pre-market trading after the company reported worse-than-expected fourth-quarter financial results.

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