Why Alcon Shares Are Trading Higher By Over 10%; Here Are 20 Stocks Moving Premarket

Shares of Alcon Inc. ALC rose sharply in today's pre-market trading following better-than-expected first-quarter earnings.

Alcon posted adjusted earnings of 78 cents per share, beating market expectations of 63 cents per share. The company's quarterly sales came in at $2.444 billion versus estimates of $2.462 billion, according to data from Benzinga Pro.

Alcon shares jumped 10.8% to $89.40 in the pre-market trading session.

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

Gainers

  • GameStop Corp. GME gained 40.2% to $42.70 in pre-market trading after jumping over 74% on Monday.
  • Faraday Future Intelligent Electric Inc. FFIE gained 39.2% to $0.0849 in pre-market trading after jumping over 32% on Monday.
  • AMC Entertainment Holdings, Inc. AMC shares gained 38.3% to $7.18 in pre-market trading after surging 78% on Monday.
  • Warrantee Inc WRNT rose 31.6% to $0.41 in today's pre-market trading.
  • MicroCloud Hologram Inc. HOLO shares gained 31% to $2.62 in pre-market trading after gaining around 18% on Monday.
  • BlackBerry Limited BB gained 25.2% to $3.88 in pre-market trading after adding around 7% on Monday.
  • Rent the Runway, Inc. RENT shares rose 19.2% to $23.80 in pre-market trading after gaining over 12% on Monday.
  • Tilray Brands, Inc. TLRY shares rose 14.1% to $2.27 in pre-market trading.
  • Paysafe Ltd PSFE gained 13% to $17.70 in pre-market trading as the company posted better-than-expected results for its first quarter.

Losers

  • Augmedix, Inc. AUGX shares dipped 34.2% to $1.54 in pre-market trading after the company reported first-quarter financial results.
  • Inotiv, Inc. NOTV shares fell 30.2% to $2.91 pre-market trading after gaining over 10% on Monday
  • Akoya Biosciences, Inc. AKYA dipped 20.6% to $3.27 in pre-market trading after the company reported worse-than-expected first-quarter financial results and lowered its FY24 revenue forecast.
  • Scorpius Holdings, Inc. SCPX shares fell 17.4% to $0.15 in pre-market trading. Scorpius Holdings, last week, announced the appointment of Shari Udoff-McDonald as VP of Business Development.
  • INVO Bioscience, Inc. INVO shares declined 13.1% to $1.06 in pre-market trading after jumping over 20% on Monday.
  • BIOLASE, Inc. BIOL shares fell 11.6% to $0.1598 in pre-market trading after the company reported mixed first-quarter financial results.
  • StoneCo Ltd. STNE shares declined 9.3% to $15.10 in pre-market trading after the company reported first-quarter financial results.
  • TeraWulf Inc. WULF shares fell 9.3% to $2.03 in pre-market trading after the company reported downbeat results for its first quarter on Monday.
  • TMC the metals company Inc TMC shares fell 8.6% to $1.39 in pre-market trading after the company reported first-quarter financial results.
  • Applied DNA Sciences, Inc. APDN shares dipped 8.2% to $2.83 in pre-market trading. Applied DNA Sciences shares fell 12% on Monday after the company reported worse-than-expected second-quarter financial results.

Now Read This: Home Depot, Paysafe And 3 Stocks To Watch Heading Into Tuesday

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPre-Market OutlookMarketsMoversTrading IdeasLosersPremarket
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...