Why Hims & Hers Health Shares Are Trading Higher By 17%; Here Are 20 Stocks Moving Premarket

Gainers

• Infinity Pharmaceuticals, Inc. INFI shares surged 83.5% to $0.1648 in pre-market trading after falling over 25% on Monday. The company recently announced its plans to reduce the company's headcount by 78%.
• Biophytis S.A. BPTS rose 59.4% to $2.47 in pre-market trading as the company received positive opinion from Belgian authorities for its SARA-31 Phase 3 study.
• Vivos Therapeutics, Inc. VVOS shares rose 38% to $0.3601 in pre-market trading after falling more than 10% on Monday.
• Chegg, Inc. CHGG gained 23.4% to $12.39 in pre-market trading after reporting better-than-expected quarterly sales.
• Galera Therapeutics, Inc. GRTX shares gained 18.4% to $2.57 in pre-market trading.
• Cardiff Oncology, Inc. CRDF shares rose 17.2% to $1.84 in pre-market trading after the company announced new lead program in first-line metastatic colorectal cancer and expanded Pfizer relationship.
• Hims & Hers Health, Inc. HIMS shares climbed 17.2% to $9.26 in pre-market trading after the company posted upbeat second-quarter results and raised full-year revenue forecast.
• Paymentus Holdings, Inc. PAY shares gained 13.4% to $12.13 in pre-market trading after reporting better-than-expected quarterly results.
• Better Choice Company Inc. BTTR rose 12.6% to $0.29 in pre-market trading after jumping 16% on Monday.
• Viant Technology Inc. DSP gained 11.8% to $5.12 in pre-market trading following strong quarterly results.

Losers

• Proterra Inc. PTRA fell 63% to $0.5293 in pre-market trading. Proterra filed for Chapter 11 bankruptcy protection on Monday citing market and macroeconomic headwinds.
• Datasea Inc. DTSS shares fell 28.8% to $0.8122 in pre-market trading. Datasea said on August 1 that it entered into two separate subscription agreements with a certain non-U.S. investor to sell an aggregate of 4.8 million shares of common stock at $1.20 per share.
• Alteryx, Inc. AYX fell 25% to $28.22 in pre-market trading after the company reported second-quarter results and issued weak third-quarter revenue guidance. Piper Sandler downgraded to Neutral from Overweight and lowered the price target to $30 from $68.
• Missfresh Limited MF fell 23.3% to $2.00 in pre-market trading after jumping around 32% on Monday.
• International Flavors & Fragrances Inc. IFF shares fell 21.6% to $63.00 in pre-market trading after the company reported worse-than-expected second-quarter results and issued a reduced FY23 outlook.
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• Save Foods, Inc. SVFD fell 21.2% to $1.23 in pre-market after jumping 144% on Monday.
• ParaZero Technologies Ltd. PRZO fell 17.2% to $1.73 in pre-market trading. ParaZero shares jumped 40% on Monday after the company received a second order for its custom safety system for drones by an automotive manufacturer.
• GreenPower Motor Company Inc. GP shares fell 16.4% to $3.22 in pre-market trading after declining around 5% on Monday.
• Beyond Meat, Inc. BYND fell 16% to $12.84 in pre-market trading after the company reported downbeat results for its second quarter and issued weak revenue forecast for FY23.
• Maravai LifeSciences Holdings, Inc. MRVI fell 15.4% to $9.32 in pre-market trading after the company posted downbeat second-quarter sales and issued weak FY23 forecast.

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