Why Micron Therapies Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket

Shares of Micron Technology, Inc. MU rose sharply in today’s pre-market trading as the company reported upbeat results for its second quarter and issued strong third-quarter guidance.

Micron reported first-quarter revenue of $5.82 billion, which beat the consensus estimate of $5.342 billion. The company reported adjusted earnings of 42 cents per share, which easily beat analyst estimates for a loss of 25 cents per share, according to data from Benzinga Pro.

Micron Technology shares jumped 17.1% to $112.69 in pre-market trading

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

Gainers

  • Kaival Brands Innovations Group, Inc. KAVL shares rose 73.7% to $2.31 in pre-market trading after falling 11% on Wednesday.
  • CuriosityStream Inc. CURI rose 36.2% to $0.7919 in pre-market trading after the company reported financial results for fourth quarter.
  • TROOPS, Inc. TROO shares rose 27.8% to $2.11 in pre-market trading.
  • Lufax Holding Ltd LU climbed 26.4% to $4.26 in pre-market trading following fourth-quarter results.
  • Canoo Inc. GOEV shares gained 17.8% to $4.02 in pre-market trading after gaining around 22% on Wednesday. The US Department of Commerce recently approved its Oklahoma City facility as a Foreign Trade Zone.
  • Sentage Holdings Inc. SNTG rose 17.3% to $2.65 in pre-market trading after dipping around 6% on Wednesday.
  • LiveWire Group, Inc. LVWR gained 11.4% to $7.60 in pre-market trading after gaining 5% on Wednesday.
  • Guess?, Inc. GES shares rose 11% to $28.80 in pre-market trading as the company reported better-than-expected fourth-quarter financial results and declared a special dividend of $2.25 per share.
  • argenx SE ARGX gained 10.5% to $394.31 in pre-market trading.

Losers

  • Movella Holdings Inc. MVLA dipped 57.9% to $0.1205 in pre-market trading after the company revealed voluntary delisting from the Nasdaq.
  • Abits Group Inc. ABTS fell 27.6% to $0.6042 in pre-market trading after gaining 14% on Wednesday.
  • ETAO International Co., Ltd. ETAO fell 17.8% to $0.2220 pre-market trading after jumping over 88% on Wednesday. The company announced a reverse stock split.
  • Biophytis S.A. BPTS fell 14.1% to $0.3860 in pre-market trading after surging around 20% on Wednesday.
  • Wearable Devices Ltd. WLDS declined 13.6% to $0.5730 in pre-market trading after surging 5% on Wednesday. Wearable Devices recently published a report saying the Mudra Band 'Can Be the Neural Bridge for Apple and Meta in their Next Wave of Smart Glasses Interaction.'
  • Five Below, Inc. FIVE fell 12.9% to $182.00 pre-market trading after the company reported fourth-quarter financial results.
  • LexinFintech Holdings Ltd. LX shares tumbled 12.6% to $1.87 in pre-market trading following fourth-quarter financial results.
  • Avinger, Inc. AVGR shares fell 12.1% to $2.90 in pre-market trading following fourth-quarter results.
  • Ontrak, Inc. OTRK shares tumbled 11.4% to $0.28 after dipping 28% on Wednesday.
  • AEye, Inc. LIDR shares fell 10.7% to $1.33 in pre-market trading. AEye is expected to release its financial results for the fourth quarter after the closing bell on March 26, 2024.

 

Now Read This: Micron, Accenture And 3 Stocks To Watch Heading Into Thursday

 

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