Why Workday Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket

Shares of Workday, Inc. WDAY rose sharply in today's pre-market trading after the company reported its second-quarter financial results.

Workday reported second-quarter revenue of $2.08 billion, beating the consensus estimate of $2.07 billion. The company reported adjusted earnings of $1.75 per share, beating analyst estimates of $1.65 per share, according to Benzinga Pro.

Workday shares jumped 11.9% to $258.47 in pre-market trading.

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

Gainers

• Sequans Communications S.A. SQNS gained 146.5% to $1.34 in pre-market trading after reporting preliminary second quarter 2024 financial results.
• Portage Biotech Inc. PRTG rose 130.2% to $6.24 in today's pre-market trading.
• Momentus Inc. MNTS gained 87.6% to $1.07 in pre-market trading.
• Elevai Labs Inc. ELAB shares rose 34.1% to $0.3085 in pre-market trading.
• Mural Oncology PLC MURA gained 19.2% to $3.91 in pre-market trading.
• Perfect Moment Ltd. PMNT gained 18.7% to $1.33 in pre-market trading after declining over 6% on Thursday.
• Satellogic Inc SATL gained 17.7% to $1.20 in pre-market trading.
• Pono Capital Two, Inc. PTWO gained 15.3% to $13.26 in pre-market trading after jumping 18% on Thursday.
• Rezolve AI Limited RZLV climbed 12% to $11.55 in pre-market trading. Revolve AI shares jumped 17% on Thursday after the company announced a partnership with ePages.

Losers

• WiMi Hologram Cloud Inc. WIMI shares fell 20.1% to $0.8307 in pre-market trading after jumping 37% on Thursday.
• ShiftPixy, Inc. PIXY declined 14.2% to $0.97 in pre-market trading.
• SRIVARU Holding Limited SVMH shares declined 13.8% to $0.1363 in pre-market trading. SRIVARU Holding shares jumped 33% on Thursday after the company announced the formal launch of the PRANA 2.0 electric motorcycle at a major event in Chennai, India. Also, the company said it aims to increase production capacity to nearly 10,000 units per month by the end of 2024
• Red Robin Gourmet Burgers, Inc. RRGB fell 13.5% to $4.09 in pre-market trading as the company reported downbeat earnings for its second quarter and lowered its FY24 revenue guidance.
• Air Industries Group AIRI fell 12.7% to $6.26 in pre-market trading. Air Industries Group shares jumped 91% on Thursday after the company announced it received a $110 million contract for the production of Thrust Struts used in the GTF aircraft jet engine.
• N2OFF, Inc. NITO shares fell 12.5% to $0.2704 in pre-market trading after gaining around 6% on Thursday. N2OFF recently announced the 111 MW project in Germany as part of an agreement with Solterra Renewable Energy.
• ESS Tech, Inc. GWH shares declined 11.3% to $0.4792 in pre-market trading after declining 5% on Thursday.
• Beneficient  BENF fell 11.1% to $2.24 in today's pre-market trading after surging 9% on Thursday.
• BurgerFi International, Inc. BFI shares fell 10.4% to $0.2011 in pre-market trading.
• Staffing 360 Solutions, Inc. STAF shares dipped 9.2% to $2.78 in pre-market trading after surging 159% on Thursday.

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