Why NeoGenomics Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket

Shares of NeoGenomics, Inc. NEO rose sharply in today’s pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued FY24 adjusted EPS guidance above estimates.

NeoGenomics posted adjusted earnings of 3 cents per share, compared to market expectations for a loss of 2 cents per share. The company’s quarterly sales came in at $155.55 million versus estimates of $152.54 million.

NeoGenomics shares surged 12.9% to $16.60 in pre-market trading

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

Gainers

Greenbrook TMS Inc. GBNH gained 163% to $0.5181 in pre-market trading. Greenbrook TMS raised $2.5 million in debt financing.

CN Energy Group. Inc. CNEY shares surged 100% to $2.66 in pre-market trading. CN Energy Group recently named Steven Berman as Chief Executive Officer.

Sound Group Inc. SOGP shares rose 96.8% to $5.55 in pre-market trading. Sound Group announced the launch of new AI-powered applications.

Energy Focus, Inc. EFOI shares jumped 96.4% to $2.71 in pre-market trading.

Motus GI Holdings, Inc. MOTS shares rose 38.8% to $0.9052 in pre-market trading after the company was granted U.S. Patent #11904085 for 'Systems And Methods For Cleaning A Colon.'

MicroCloud Hologram Inc. HOLO shares gained 23.1% to $20.20 in pre-market trading after dipping 75% on Tuesday.

Intuitive Machines, Inc. LUNR gained 21.8% to $13.39 in pre-market trading after jumping 50% on Tuesday.

JX Luxventure Limited JXJT gained 14.2% to $2.57 in pre-market trading.

Wix.com Ltd. WIX gained 6.5% to $133.51 in pre-market trading following fourth-quarter results.

Losers

Pop Culture Group Co., Ltd CPOP fell 32.5% to $4.85 in pre-market trading after jumping 171% on Tuesday.

Avinger, Inc. AVGR shares fell 25.3% to $3.99 in pre-market trading after surging 83% on Tuesday.

Shineco, Inc. SISI dipped 24.4% to $1.74 in pre-market trading after gaining around 56% on Tuesday.

Palo Alto Networks, Inc. PANW shares dipped 23.1% to $281.39 in pre-market trading after the company issued third-quarter guidance below estimates.

Teladoc Health, Inc. TDOC shares fell 22.4% to $15.91 after the company reported mixed fourth-quarter financial results and issued weak guidance.

Biofrontera Inc. BFRI shares fell 18.4% to $0.9387 in pre-market trading. Biofrontera shares jumped 53% on Tuesday after the company announced a private placement of up to $16 million priced at the market per Nasdaq rules.

Community Health Systems, Inc. CYH fell 18.3% to $3.30 in pre-market trading after the company reported fourth-quarter financial results.

SolarEdge Technologies, Inc. SEDG shares fell 15.7% to $71.20 after the company reported mixed fourth-quarter financial results.

Matterport, Inc. MTTR shares fell 15.4% to $2.1450 after the company posted weak quarterly sales and issued downbeat forecast.

Sprout Social, Inc. SPT shares declined 9.2% to $58.50 in pre-market trading after the company reported fourth-quarter financial results and issued guidance.

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