Simulations Plus Posts Upbeat, Joins Levi Strauss, BlackBerry And Other Big Stocks Moving Higher In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining by around 90 points on Thursday.

Shares of Simulations Plus, Inc. SLP rose sharply in today’s pre-market trading after the company posted better-than-expected results for its second quarter.

Simulations Plus posted adjusted earnings of 20 cents per share, beating market estimates of 19 cents per share. The company’s quarterly sales came in at $18.300 million versus expectations of $17.283 million, according to data from Benzinga Pro.

The company also said it sees FY24 earnings of 66 cents to 68 cents per share on revenue of $66 million to $69 million.

Simulations Plus shares jumped 8.9% to $41.88 in pre-market trading.

Here are some big stocks recording gains in today’s pre-market trading session.

  • Destiny Tech100 Inc. DXYZ shares climbed 14.5% to $30.95 in pre-market trading after jumping 27% on Wednesday.
  • Cronos Group Inc. CRON gained 12.9% to $3.25 in pre-market trading after gaining over 8% on Wednesday.
  • MacroGenics, Inc. MGNX climbed 11.8% to $15.28 in pre-market trading. MacroGenics announced TAMARACK study data will not be presented at the ASCO Annual Meeting.
  • Mind Medicine (MindMed) Inc. MNMD shares climbed 10.6% to $13.00 in pre-market trading.
  • Levi Strauss & Co. LEVI shares gained 7.9% to $20.13 in pre-market trading after the company reported upbeat earnings for its first quarter and boosted its 2024 earnings guidance.
  • BlackBerry Limited BB climbed 7.8% to $3.03 in pre-market trading after the company reported fourth-quarter results and issued FY25 guidance.
  • Aurora Cannabis Inc. ACB rose 5.4% to $7.60 in pre-market trading after surging 44% on Wednesday.
  • Lamb Weston Holdings, Inc. LW gained 4% to $105.10 in pre-market trading ahead of quarterly earnings.


Now Read This: Investor Optimism Improves; But Dow Falls For Third Session

Don’t forget to check out our premarket coverage here

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