Why AppLovin Shares Are Trading Higher By Around 22%; Here Are 20 Stocks Moving Premarket

Shares of AppLovin Corporation APP rose sharply in today’s pre-market trading after the company reported better-than-expected fourth-quarter financial results.

AppLovin reported quarterly earnings of 49 cents per share which beat the analyst consensus estimate of 36 cents. The company reported quarterly sales of $953.26 million, beating the analyst consensus estimate of $928.17 million.

AppLovin shares jumped 22.3% to $57.30 in pre-market trading

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

Gainers

  • China Natural Resources, Inc. CHNR gained 409% to $5.60 in pre-market trading after gaining around 10% on Wednesday.
  • Meihua International Medical Technologies Co., Ltd. MHUA shares jumped 70.2% to $1.89 in pre-market trading after surging around 19% on Wednesday.
  • SoundHound AI, Inc. SOUN gained 69.8% to $3.83 in pre-market trading. According to data from Benzinga Pro, BlackRock reported a 5.6% passive stake in SoundHound AI after the market close. Traders also appear to be circling a filing from Nvidia in which the company disclosed positions in several companies, including SoundHound AI.
  • Nano-X Imaging Ltd. NNOX shares rose 46.2% to $9.30 in pre-market trading. Nvidia reported a 59,632 share stake in Nano X Imaging.
  • Roma Green Finance Limited ROMA shares surged 38% to $1.49 in pre-market trading after falling 6% on Wednesday.
  • Dunxin Financial Holdings Limited DXF shares gained 34.2% to $0.49 in pre-market trading after gaining around 5% on Wednesday.
  • Greenpro Capital Corp. GRNQ shares rose 24.3% to $1.74 in pre-market trading after gaining around 23% on Wednesday.
  • JFrog Ltd. FROG shares gained 22.1% to $44.92 in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued first-quarter adjusted EPS and revenue guidance above estimates.
  • Informatica Inc. INFA gained 17.3% to $35.34 in pre-market trading after the company reported better-than-expected fourth-quarter financial results.

Losers

  • Treasure Global Inc. TGL shares dipped 40.4% to $0.0945 in pre-market trading following second-quarter results.
  • Cineverse Corp. CNVS shares fell 31.9% to $1.60 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
  • Upexi, Inc. UPXI shares declined 29.5% to $0.9724 in pre-market trading following weak quarterly results.
  • Nu Skin Enterprises, Inc. NUS shares fell 24% to $13.25 in pre-market trading after the company reported fourth-quarter financial results.
  • Fastly, Inc. FSLY shares tumbled 23.1% to $18.10 in pre-market trading after the company reported mixed fourth-quarter financial results.
  • enGene Holdings Inc. ENGN shares fell 13.3% to $14.30 in pre-market trading. enGene shares jumped around 116% on Wednesday after the company announced an oversubscribed $200 million private placement financing.
  • Herbalife Ltd. HLF shares declined 12.3% to $10.30 in pre-market trading following weak quarterly earnings.
  • Twilio Inc. TWLO dipped 12.1% to $63.51 in pre-market trading after the company reported fourth-quarter financial results.
  • Telomir Pharmaceuticals, Inc. TELO shares fell 10.7% to $10.64 in pre-market trading after jumping around 70% on Wednesday.
  • Cisco Systems, Inc. CSCO fell 5.2% to $47.67 in pre-market trading following second-quarter results.

 

Now Read This: Cisco, Deere And 3 Stocks To Watch Heading Into Thursday

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