Shares of Credo Technology Group Holding Ltd (NASDAQ:CRDO) rose sharply in today's pre-market trading after the company reported better-than-expected second-quarter financial results issued guidance that was above estimates.

Credo Technology Group shares jumped 40.2% to $67.00 in the pre-market trading session.

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

Gainers

• Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) gained 157% to $4.83 in pre-market trading. Cheetah Net Supply Chain Service expanded operations with acquisition of TW & EW Services.
• Volato Group, Inc. (NYSE:SOAR) rose 82.2% to $0.4042 in pre-market trading after dipping 15% on Monday.
• Janux Therapeutics Inc (NASDAQ:JANX) gained 66.3% to $66.82 in pre-market trading after it announced doses selected for its phase 1b expansion trials.
• Citius Oncology Inc (NASDAQ:CTOR) gained 60.8% to $1.64 in pre-market trading.
• Shimmick Corporation (NASDAQ:SHIM) gained 30.7% to $3.66 in pre-market trading after the company announced a $4.5 million contract to complete seismic retrofitting and improvements to the Murray street bridge.
• Serina Therapeutics, Inc. (NYSE:SER) gained 23.2% to $5.85 in pre-market trading as the company revealed a $10 million equity financing with strategic shareholder JuvVentures (UK) Limited.
• Universe Pharmaceuticals INC (NASDAQ:UPC) gained 23.2% to $2.38 in pre-market trading after gaining 8% on Monday.
• Nauticus Robotics, Inc. (NASDAQ:KITT) rose 18.8% to $1.33 in pre-market trading after the company announced it completed an Aquanaut Mark 2 Evaluation Agreement with a Global Supermajor Oil & Gas customer.
• Vir Biotechnology, Inc. (NASDAQ:VIR) gained 14.8% to $9.36 in pre-market trading.

Losers

Now Read This:

• S&P, Nasdaq Settle At Record Highs As Tesla, SMCI Surge: Fear Index Remains In ‘Greed’ Zone