Why Upstart Shares Are Trading Higher By Over 23%; Here Are 20 Stocks Moving Premarket - Upstart Holdings

Shares of Upstart Holdings, Inc. (NASDAQ:UPST) rose sharply in today's pre-market trading after the company reported better-than-expected third-quarter financial results.

Upstart reported quarterly losses of seven cents per share which beat the analyst consensus estimate for losses of 15 cents. Quarterly revenue came in at $162.14 million which beat the analyst consensus estimate of $150.22 million and is an increase over sales of $134.55 million from the same period last year.

Upstart shares jumped 23.1% to $68.29 in the pre-market trading session.

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

Gainers

DevvStream Corp. (NASDAQ:DEVS) gained 370% to $4.85 in pre-market trading after dipping around 58% on Thursday.
Tivic Health Systems, Inc. (NASDAQ:TIVC) rose 52.8% to $0.4010 in pre-market trading. Tivic Health® Systems will report financial results on Thursday, Nov, 14, after the closing bell.
Doximity, Inc (NYSE:DOCS) shares surged 44.2% to $62.60 in pre-market trading following better-than-expected second-quarter financial results.
Li-Cycle Holdings Corp. (NYSE:LICY) gained 41% to $5.09 in pre-market trading after posting upbeat quarterly results.
Northann Corp. (NYSE:NCL) climbed 37.6% to $0.3089 in pre-market trading after jumping around 12% on Thursday.
Innodata Inc. (NASDAQ:INOD) shares rose 36.4% to $33.20 in pre-market trading after the company reported better-than-expected third-quarter financial results.
Nature’s Miracle Holding Inc. (NASDAQ:NMHI) gained 31.8% to $0.1953 in pre-market trading after jumping over 52% on Thursday.
Five9, Inc. (NASDAQ:FIVN) gained 24.6% to $40.88 in pre-market trading after the company reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates.
Lumentum Holdings Inc. (NASDAQ:LITE) gained 24.3% to $91.54 in pre-market trading after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates.

Losers

ProPhase Labs, Inc. (NASDAQ:PRPH) shares tumbled 45.4% to $0.7800 in pre-market trading after the company announced the pricing of public offering of common stock.
Evolent Health, Inc. (NYSE:EVH) shares fell 33.6% to $16.31 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
AtlasClear Holdings, Inc. (NYSE:ATCH) dipped 31.8% to $0.1910 in pre-market trading after jumping over 55% on Thursday.
agilon health, inc. (NYSE:AGL) shares fell 29% to $1.98 in pre-market trading after the company reported worse-than-expected quarterly revenue results.
Maravai LifeSciences Holdings, Inc. (NASDAQ:MRVI) declined 26.6% to $5.75 in pre-market trading after the company reported worse-than-expected third-quarter financial results and cut its FY24 sales guidance.
MDJM Ltd (NASDAQ:MDJH) shares dipped 22.4% to $0.1511 in pre-market trading after jumping 30% on Thursday.
Earlyworks Co., Ltd (NASDAQ:ELWS) fell 17% to $5.60 in pre-market trading after surging over 10% on Thursday.
Sweetgreen, Inc. (NYSE:SG) fell 15% to $35.87 in today's pre-market trading after the company reported worse-than-expected quarterly financial results.
Redfin Corporation (NASDAQ:RDFN) fell 14.1% to $9.85 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
Wag! Group Co. (NYSE:PET) fell 13.8% to $0.5487 in pre-market trading. Wag! will report third quarter 2024 financial results before the opening bell on Wednesday, Nov. 13.