Why Penguin Solutions Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket - Aptevo Therapeutic

Shares of Penguin Solutions, Inc. (NASDAQ:PENG) rose sharply in today's pre-market trading after the company posted better-than-expected results for its second quarter on Wednesday.

The company said it sees FY25 net sales growth of 17% year-over-year +/-3% and adjusted EPS of $1.60 +/- $0.10.

Penguin Solutions shares jumped 2% to $18.41 in pre-market trading

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

Gainers

Protagenic Therapeutics, Inc. (NASDAQ:PTIX) gained 173.2% to $0.6202 in pre-market trading after falling around 9% on Wednesday.
Aptevo Therapeutics Inc. (NASDAQ:APVO) rose 157.2% to $3.55 in pre-market trading after jumping 38% on Wednesday.
Powell Max Limited (NASDAQ:PMAX) rose 74.2% to $0.7787 in pre-market trading after surging 16% on Wednesday.
Tivic Health Systems, Inc. (NASDAQ:TIVC) gained 29.5% to $4.21 in pre-market trading after climbing 29% on Wednesday.
Global Interactive Technologies, Inc. (NASDAQ:GITS) rose 23.9% to $1.45 in pre-market trading.
Genprex, Inc. (NASDAQ:GNPX) surged 23.1% to $0.3630 in pre-market trading after jumping 28% on Wednesday.
iCoreConnect Inc. (NASDAQ:ICCT) gained 12.1% to $2.32 in pre-market after falling 56% on Wednesday.
Tyra Biosciences, Inc. (NASDAQ:TYRA) gained 6.3% to $9.20 in pre-market trading.
NL Industries, Inc. (NYSE:NL) gained 6.1% to $8.35 in pre-market trading.

Losers

Kolibri Global Energy Inc. (NASDAQ:KGEI) shares fell 41.7% to $5.00 in pre-market trading following a 3% decline on Wednesday.
Innovation Beverage Group Limited (NASDAQ:IBG) fell 36.8% to $0.7900 in pre-market trading. Innovation Beverage Group shares jumped 152% on Wednesday after the company announced a distribution deal with a top national alcohol company to expand its reach in the US market.
American Rebel Holdings, Inc. (NASDAQ:AREB) declined 33.3% to $4.19 in pre-market trading after jumping 343% on Wednesday.
bioAffinity Technologies, Inc. (NASDAQ:BIAF) fell 30% to $0.6235 in pre-market trading after dipping 18% on Wednesday. BioAffinity Technologies recently reported a year-over-year increase in FY24 financial results.
AdvanSix Inc. (NYSE:ASIX) dipped 29% to $16.00 in pre-market trading.
Top Win International Limited (NASDAQ:TOPW) shares tumbled 26.8% to $2.80 in pre-market trading. The Hong Kong-based luxury watch distributor announced the pricing of its IPO, offering 2,664,000 ordinary shares, raising approximately $10.6 million before underwriting discounts and expenses.
RH (NYSE:RH) fell 26.6% to $182.97 in today's pre-market trading after the company reported weaker-than-expected fourth-quarter financial results.
Hamilton Beach Brands Holding Company (NYSE:HBB) fell 24.7% to $15.01 in pre-market trading.
Waton Financial Limited (NASDAQ:WTF) shares dipped 20.3% to $5.60 in pre-market trading following a 65% decline on Wednesday. Waton Financial announced the closing of initial public offering with simultaneous full exercise of the over-allotment option.
RxSight, Inc. (NASDAQ:RXST) shares fell 19.2% to $21.00 in pre-market trading after the company announced preliminary first quarter revenue and revised 2025 guidance.