Why Coherent Shares Are Trading Higher By Over 15%; Here Are 20 Stocks Moving Premarket

Shares of Coherent Corp. COHR rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results.

Coherent reported quarterly earnings of 95 cents per share which beat the analyst consensus estimate of 69 cents per share. The company reported quarterly sales of $1.44 billion which beat the analyst consensus estimate of $1.37 billion.

Coherent shares jumped 15.5% to $104.04 in the pre-market trading session.

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

Gainers

SharpLink Gaming, Inc. SBET gained 43.5% to $0.6031 in pre-market trading.
Rani Therapeutics Holdings, Inc. RANI rose 28.5% to $1.85 in pre-market trading after the company announced new pharmacokinetic and pharmacodynamic data from a preclinical study evaluating the oral delivery of the glucagon-like peptide-1 receptor agonist semaglutide administered via the RaniPill capsule.
Digital Turbine, Inc. APPS gained 28% to $3.25 in pre-market trading after the company reported better-than-expected third-quarter financial results and raised its FY25 sales guidance.
Digital Ally, Inc. DGLY gained 20.7% to $0.2560 in pre-market trading after gaining around 4% on Wednesday.
Moleculin Biotech, Inc. MBRX shares jumped 20% to $1.20 in pre-market trading after dipping 20% on Wednesday.
Silexion Therapeutics Corp SLXN gained 15.2% to $1.58 in pre-market trading after gaining 10% on Wednesday.
Recursion Pharmaceuticals, Inc RXRX shares climbed 15% to $9.11 in pre-market trading after the company reported 12 month data from phase 2 study (Sycamore) of REC-994 at International Stroke Conference.
BigBear.ai Holdings, Inc. BBAI gained 10.3% to $7.84. BigBear.Ai shares jumped 45% on Wednesday after the company announced a contract by the DOD’s chief digital and artificial intelligence office.
Ginkgo Bioworks Holdings, Inc DNA gained 8.4% to $17.74 in pre-market trading after climbing over 14% on Wednesday.

Losers

Avinger, Inc. AVGR shares fell 29.4% to $0.3950 in pre-market trading.
Skyworks Solutions, Inc. SWKS dipped 29.2% to $61.65 in pre-market trading after the company issued second-quarter adjusted EPS guidance below estimates..
FormFactor, Inc. FORM fell 27.7% to $29.78 in today's pre-market trading after the company reported worse-than-expected fourth-quarter adjusted EPS results and issued cirst-quarter guidance below estimates.
Matrix Service Company MTRX shares fell 26.1% to $10.38 in pre-market trading after the company reported second-quarter financial results and cut its FY25 sales guidance below estimates.
Protagenic Therapeutics, Inc. PTIX shares tumbled 19.5% to $0.29 in pre-market trading following a 5% gain on Wednesday.
SunCar Technology Group Inc. SDA fell 18.3% to $6.90 in pre-market trading after the company reported the pricing of $50 million follow-on public offering of class a ordinary shares.
Symbotic Inc. SYM fell 16.6% to $25.80 in pre-market trading. Symbotic reported quarterly losses of three cents per share which missed the analyst consensus estimate for losses of two cents. Quarterly revenue of $486.69 million also missed the analyst consensus estimate of $490.98 million.
Universe Pharmaceuticals INC UPC fell 12.4% to $0.18 in pre-market trading after dipping 24% on Wednesday. Universe Pharmaceuticals recently announced a Nasdaq delisting notice.
Mach Natural Resources LP MNR declined 6.9% to $16.00 in pre-market trading as the company announced the launch of 12 million common unit offering.
Ford Motor Company F shares dipped 6.1% to $9.40 in pre-market trading. Ford reported upbeat fourth-quarter financial results on Wednesday. Ford said it sees full-year 2025 adjusted EBIT in a range of $7 billion to $8.5 billion, adjusted free cash flow in a range of $3.5 billion to $4.5 billion, and capital spending in a range of $8 billion to $9 billion.