XPeng, Baidu, Nio And Some Other Big Stocks Moving Higher In Today's Pre-Market Session

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

• Zhihu Inc. ZH shares climbed 19.8% to $1.63 in pre-market trading after jumping 33% on Friday. Zhihu, last week, reported better-than-expected Q3 results.
• Bilibili Inc. BILI shares surged 14.9% to $22.80 in pre-market trading after jumping over 16% on Friday. Bilibili, last week, reported better-than-expected Q3 adjusted EPS and sales results.
• XPeng Inc. XPEV gained 13.3% to $12.97 in pre-market trading after jumping 15% on Friday. XPeng recently reported third-quarter FY22 sales growth of 19.3% year-on-year, to RMB6.82 billion ($0.96 billion). China relieved some of its COVID-19 restrictions, easing testing rules in some cities.
• Niu Technologies NIU jumped 11.3% to $4.74 in pre-market trading after gaining over 10% on Friday. Niu Technologies recently reported worse-than-expected Q3 EPS results.
• iQIYI, Inc. IQ gained 11% to $3.71 in pre-market trading after jumping around 15% on Friday.
• Kingsoft Cloud Holdings Limited KC surged 10.4% to $3.68 in pre-market trading after jumping over 14% on Friday. Kingsoft Cloud recently reported a third-quarter FY22 revenue decline of 18.4% year-on-year to $276.8 million, missing the consensus of $313.2 million.
• Atour Lifestyle Holdings Limited ATAT gained 9% to $19.28 in pre-market trading after gaining over 11% on Friday.
• RLX Technology Inc. RLX climbed 8.8% to $2.84 in pre-market trading after jumping over 14% on Friday.
• MINISO Group Holding Limited MNSO gained 8.2% to $12.94 in pre-market trading. Miniso Group, last month, reported better-than-expected Q1 financial results.
• Lufax Holding Ltd LU gained 7.7% to $2.11 in pre-market trading after gaining around 13% on Friday.
• NIO Inc. NIO surged 7.3% to $14.09 in pre-market trading as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.

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• Prudential plc PUK climbed 6.6% to $27.02 in pre-market trading.
• Li Auto Inc. LI gained 5.8% to $24.09 in pre-market trading as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.
• Baidu, Inc. BIDU rose 5.4% to $119.98 in pre-market trading as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.
• Alibaba Group Holding Limited BABA surged 5.2% to $94.71 in pre-market trading as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.

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