Why AppLovin Shares Are Trading Higher By 15%; Here Are 20 Stocks Moving Premarket

Shares of AppLovin Corporation (NASDAQ:APP) rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter financial results.

AppLovin reported first-quarter revenue of $1.48 billion, beating analyst estimates of $1.38 billion, according to Benzinga Pro. The company reported first-quarter earnings of $1.67 per share, beating analyst estimates of $1.45 per share.

AppLovin shares jumped 14.6% to $347.79 in the pre-market trading session.

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

Gainers

Digital Ally, Inc. (NASDAQ:DGLY) rose 77.4% to $0.0869 in pre-market trading after dipping over 90% on Wednesday. Digital Ally received positive listing determination from the Nasdaq.
ZK International Group Co., Ltd. (NASDAQ:ZKIN) surged 48.2% to $1.63 in pre-market trading after jumping over 10% on Wednesday.
Asset Entities Inc. (NASDAQ:ASST) gained 38.3% to $4.69 in pre-market trading. Asset Entities shares jumped 450% on Wednesday after the company announced it entered into a merger agreement with Strive Asset Management to be the first publicly traded asset management bitcoin treasury company.
Sezzle Inc. (NASDAQ:SEZL) jumped 31.3% to $69.30 in pre-market trading after the company reported better-than-expected first-quarter earnings.
PainReform Ltd. (NASDAQ:PRFX) gained 23.8% to $2.65 in pre-market trading after the company announced it launched a strategic AI pilot with Econergy Renewable Energy.
DevvStream Corp. (NASDAQ:DEVS) surged 22.5% to $0.4914 in pre-market trading after jumping 108% on Wednesday.
Magnite, Inc. (NASDAQ:MGNI) gained 16.6% to $14.50 in pre-market trading after the company announced upbeat quarterly results.
Sunrun Inc. (NASDAQ:RUN) climbed 12.3% to $8.30 in pre-market trading after the company reported better-than-expected first-quarter financial results.
Cantor Equity Partners, Inc. (NASDAQ:CEP) gained 10.2% to $35.15 in pre-market trading after climbing 9% on Wednesday.

Losers

NuCana plc (NASDAQ:NCNA) shares dipped 66.4% to $0.1012 in pre-market trading after dipping 25% on Wednesday. NuCana recently announced a registered direct offering with approximately $7 million gross proceeds.
Empire Petroleum Corporation (NYSE:EP) shares fell 36.5% to $2.51 in pre-market trading.
LogicMark, Inc. (NASDAQ:LGMK) shares fell 30.2% to $0.0095 in pre-market trading after dipping 12% on Wednesday.
NetClass Technology Inc (NASDAQ:NTCL) fell 18.7% to $26.37 in pre-market trading.
Fluence Energy, Inc. (NASDAQ:FLNC) shares tumbled 15.1% to $3.83 in pre-market trading after the company reported a wider-than-expected quarterly loss and lowered its FY25 sales forecast.
Semrush Holdings, Inc. (NYSE:SEMR) dipped 13% to $8.89 in pre-market trading after posting downbeat quarterly earnings.
Emerald Holding Inc (NYSE:EEX) fell 12.6% to $4.01 in today's pre-market trading. Emerald Holding recently reported better-than-expected first-quarter financial results and issued FY25 sales guidance with its midpoint above estimates.
Arm Holdings PLC – ADR (NASDAQ:ARM) fell 10.6% to $110.88 in pre-market trading after the company reported fourth-quarter financial results and issued FY26 guidance below estimates. Also, the company issued first-quarter adjusted EPS guidance below estimates.
Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) declined 10.2% to $20.03 in pre-market trading after reporting first-quarter results.
New Century Logistics (BVI) Limited (NASDAQ:NCEW) fell 10.2% to $1.48 in pre-market trading after dipping 24% on Wednesday.