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

Shares of Coherent Corp. (NYSE: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. (NASDAQ:SBET) gained 43.5% to $0.6031 in pre-market trading.
Rani Therapeutics Holdings, Inc. (NASDAQ: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. (NASDAQ: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. (NASDAQ:DGLY) gained 20.7% to $0.2560 in pre-market trading after gaining around 4% on Wednesday.
Moleculin Biotech, Inc. (NASDAQ:MBRX) shares jumped 20% to $1.20 in pre-market trading after dipping 20% on Wednesday.
Silexion Therapeutics Corp (NASDAQ:SLXN) gained 15.2% to $1.58 in pre-market trading after gaining 10% on Wednesday.
Recursion Pharmaceuticals, Inc (NASDAQ: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. (NYSE: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 (NYSE:DNA) gained 8.4% to $17.74 in pre-market trading after climbing over 14% on Wednesday.

Losers

Avinger, Inc. (NASDAQ:AVGR) shares fell 29.4% to $0.3950 in pre-market trading.
Skyworks Solutions, Inc. (NASDAQ:SWKS) dipped 29.2% to $61.65 in pre-market trading after the company issued second-quarter adjusted EPS guidance below estimates..
FormFactor, Inc. (NASDAQ: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 (NASDAQ: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. (NASDAQ:PTIX) shares tumbled 19.5% to $0.29 in pre-market trading following a 5% gain on Wednesday.
SunCar Technology Group Inc. (NASDAQ: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. (NASDAQ: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 (NASDAQ: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 (NYSE: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 (NYSE: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.