Why Porch Group Shares Are Trading Higher By Over 21%; Here Are 20 Stocks Moving Premarket

Shares of Porch Group, Inc. PRCH rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter financial results and raised its FY25 sales guidance above estimates.

Porch Group reported quarterly earnings of 8 cents per share which beat the analyst consensus estimate of a loss of 12 cents per share. The company reported quarterly sales of $104.75 million which beat the analyst consensus estimate of $79.44 million.

Porch Group shares jumped 21.4% to $7.70 in pre-market trading

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

Gainers

• Magic Empire Global Limited MEGL rose 77.3% to $2.11 in pre-market trading.
• CN Energy Group. Inc. CNEY surged 68.4% to $0.2730 in pre-market trading after jumping around 8% on Tuesday.
• NetClass Technology Inc NTCL gained 51.5% to $50.00 in pre-market trading after jumping over 162% on Tuesday.
• Freight Technologies, Inc. FRGT jumped 29.7% to $1.79 in pre-market trading after falling 5% on Tuesday.
• IT Tech Packaging, Inc. ITP gained 28.3% to $0.3280 in pre-market trading.
• CuriosityStream Inc. CURI surged 24.2% to $4.10 in pre-market trading after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance above estimates.
• AvidXchange Holdings, Inc. AVDX gained 19.3% to $9.78 in pre-market trading after the company announced it entered into a definitive agreement to be acquired by TPG in partnership with Corpay for a valuation of $2.2 billion.
• Cantor Equity Partners, Inc. CEP climbed 18% to $34.57 in pre-market trading after dipping 14% on Tuesday.
• Novo Nordisk A/S NVO gained 7.9% to $71.50 in pre-market trading following first-quarter earnings.

Losers

• Vast Renewables Limited VSTE shares dipped 62.5% to $0.1402 in pre-market trading after the company announced it voluntarily delisted from the Nasdaq.
• WW International, Inc. WW shares fell 46.8% to $0.42 in pre-market trading after the company missed its first-quarter adjusted EPS estimate and announced it will not be providing FY25 guidance.
• FOXO Technologies Inc. FOXO shares fell 37.8% to $1.00 in pre-market trading. FOXO Technologies shares jumped 153% on Tuesday after the company announced that its Myrtle recovery centers subsidiary has seen over 400 patients since August 2023.
• Vestis Corporation VSTS fell 25.7% to $6.47 in pre-market trading after the company reported worse-than-expected quarterly financial results.
• AIFU Inc. AIFU declined 23.6% to $0.1719 in pre-market trading after jumping 82% on Tuesday.
• Sarepta Therapeutics, Inc. SRPT shares tumbled 20.6% to $37.10 in pre-market trading after the company reported a first-quarter adjusted EPS miss.
• Upstart Holdings, Inc. UPST fell 16.2% to $43.09 in pre-market trading after the company issued second-quarter sales guidance below estimates.
• Lixiang Education Holding Co., Ltd. LXEH dipped 14.1% to $3.00 in pre-market trading after jumping 69% on Tuesday.
• Revolve Group, Inc. RVLV fell 10.8% to $16.90 in today's pre-market trading after the company reported downbeat quarterly sales.
• RXO, Inc. RXO fell 7.6% to $12.70 in pre-market trading.

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