Why PriceSmart Shares Are Trading Higher By Around 5%; Here Are 20 Stocks Moving Premarket

Shares of PriceSmart, Inc. PSMT rose sharply in today’s pre-market trading as the company posted better-than-expected earnings for its second quarter.

The company reported quarterly earnings of $1.31 per share, beating market estimates of $1.25 per share. PriceSmart’s quarterly sales came in at $1.29 billion versus expectations of $1.28 billion, according to data from Benzinga Pro.

PriceSmart shares surged 4.6% to $86.90 in pre-market trading.

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

• Marin Software Incorporated MRIN shares rose 76.1% to $0.5054 in pre-market trading after the company announced upgrades to its Microsoft Corp MSFT advertising integration.
• iCoreConnect Inc. ICCT shares rose 46.4% to $1.64 in pre-market trading. iCoreConnect, last month, closed $2,375,000 convertible note financing.
• Nano Labs Ltd NA gained 35.1% to $2.00 in pre-market trading. Nano Labs recently filed annual report on Form 20-F for fiscal year 2023.
• IN8bio, Inc. INAB shares gained 20.2% to $1.31 in pre-market trading after the company announced new preclinical data from its non-signaling gamma-delta T cell based Chimeric Antigen Receptor-T cell platform.
• Jaguar Health, Inc. JAGX gained 18.8% to $0.1069 in pre-market trading after the company reported approval for all proposals at its special meeting of stockholders.
• Immuron Limited IMRN climbed 16.2% to $3.20 in pre-market trading after the company disclosed record sales (unaudited) of Travelan®.
• Desktop Metal, Inc. DM shares gained 12.5% to $1.17 in pre-market trading after declining around 4% on Tuesday.
• Yatsen Holding Limited YSG rose 11.2% to $3.48 in pre-market trading.
• Galmed Pharmaceuticals Ltd. GLMD gained 10.3% to $0.43 in pre-market trading.

Losers

• Ascent Solar Technologies, Inc. ASTI declined 50% to $0.1374 in pre-market trading after the company announced pricing of a $6 million public offering of shares at $0.14 per share.
• Destiny Tech100 Inc. DXYZ fell 25.8% to $47.50 in pre-market trading after dipping over 35% on Tuesday.
• PainReform Ltd. PRFX fell 23.2% to $1.16 in pre-market trading after declining 11% on Tuesday. PainReform recently announced results from new studies demonstrating the superior in-vitro release (IVR) rates of PRF-110 compared to topical post-surgical pain management products available in the market.
• Velo3D, Inc. VLD fell 22.4% to $0.3601 in pre-market trading after announcing a proposed public offering.
• Selina Hospitality PLC SLNA shares declined 21.4% to $0.0617 in pre-market trading after jumping over 96% on Tuesday.
• Mobile Global Esports Inc. MGAM fell 19.1% to $0.1748 pre-market trading after surging around 78% on Tuesday.
• VIA optronics AG VIAO shares fell 18.8% to $0.7298 in pre-market trading. VIA optronics announced intention to voluntarily delist its ADSs from the New York Stock Exchange.
• Biophytis S.A. BPTS fell 10.6% to $0.3522 in pre-market trading. Biophytis shares jumped around 32% on Tuesday after the company reported a year-over-year increase in FY23 EPS results.
• Enzo Biochem, Inc. ENZ shares fell 7.5% to $1.11 in pre-market trading. Eco Wave.
• SMART Global Holdings Inc. SGH fell 7.4% to $24.00 pre-market trading. Smart Global posted better-than-expected results for its second quarter. The company saw third-quarter earnings of 30 cents per share, plus or minus 15 cents, versus the 28 cent estimate. The company expects third-quarter revenue of $300 million, plus or minus $25 million, versus the $307.864 million estimate.

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