Why Palantir Shares Are Trading Higher By Over 16%; Here Are 20 Stocks Moving Premarket

Shares of Palantir Technologies Inc. PLTR rose sharply in today's pre-market trading following better-than-expected fourth-quarter results.

Palantir reported fourth-quarter revenue of $827.52 million, beating the consensus estimate of $775.91 million. The company reported fourth-quarter adjusted earnings of 14 cents per share, beating analyst estimates of 11 cents per share.

Palantir Technologies shares jumped 16.5% to $97.56 in the pre-market trading session.

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

Gainers

Evaxion Biotech A/S EVAX gained 72.5% to $4.14 in pre-market trading.
Kairos Pharma, Ltd. KAPA rose 40.1% to $2.13 in pre-market trading after jumping more than 6% on Monday.
Azitra, Inc. AZTR gained 40% to $0.3900 in pre-market trading after gaining around 15% on Monday.
Invivyd, Inc. IVVD gained 27.4% to $1.35 in pre-market trading. Invivyd shares jumped 196% on Monday after the company provided preliminary fourth-quarter PEMGARDA net product revenue results.
CleanCore Solutions, Inc. ZONE shares jumped 25.5% to $1.28 in pre-market trading following a 3% gain on Monday.
Reborn Coffee, Inc. REBN rose 17.8% to $6.00 in pre-market trading after jumping 54% on Monday. Reborn Coffee recently announced it approve a franchisor in the U.S. and is intending to expand across the country.
American Rebel Holdings, Inc. AREB shares climbed 16% to $1.38 in pre-market trading.
Tempus AI, Inc. TEM gained 8% to $66.44 in pre-market trading. Tempus AI, Inc. announced it has completed its acquisition of Ambry Genetics.
XPeng Inc. XPEV rose 7% to $16.79 in pre-market trading after adding 3% on Monday. XPeng witnessed a jump of 268% year-over-year. The company delivered 30,350 vehicles last month, marking a drop of 17.3% from December.

Losers

Universe Pharmaceuticals INC UPC shares fell 28.2% to $0.3012 in pre-market trading after announcing Nasdaq delisting notice.
MDJM Ltd UOKA dipped 27.2% to $0.1730 in pre-market trading after jumping 83% on Monday.
E-Home Household Service Holdings Limited EJH fell 25% to $0.7652 in today's pre-market trading after gaining 34% on Monday.
BriaCell Therapeutics Corp. BCTX shares fell 22.6% to $3.90 in pre-market trading as the company priced its $3.05 million public offering of 762,500 common shares at $4/share.
Tonix Pharmaceuticals Holding Corp. TNXP shares tumbled 20.2% to $0.1555 in pre-market trading. Tonix Pharmaceuticals shares dipped over 54% on Monday after the company announced a 1-for-100 reverse stock split.
HCW Biologics Inc. HCWB fell 16.1% to $0.5335 in pre-market trading. HCW Biologics shares jumped 129% on Monday after the company announced FDA clearance for its Phase 1 trial of HCW9302.
XChange TEC.INC XHG fell 14.2% to $0.7166 in pre-market trading after declining around 4% on Monday.
UBS Group AG UBS fell 6.1% to $32.81 in pre-market trading. UBS Group reported stronger-than-expected earnings for its fourth quarter and disclosed a share buyback program of up to $3 billion.
Ponce Financial Group, Inc. PDLB declined 5.3% to $12.61 in pre-market trading.
Illumina, Inc. ILMN shares dipped 5.2% to $124.31 in pre-market trading after the Chinese Ministry of Commerce added the company, along with Calvin Klein owner PVH Corp. PVH to the unreliable entities list amid the ongoing trade war with the U.S..