XPeng, Baidu, Nio And Some Other Big Stocks Moving Higher In Today's Pre-Market Session

U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading session.

  • Zhihu Inc. ZH shares climbed 19.8% to $1.63 in pre-market trading after jumping 33% on Friday. Zhihu, last week, reported better-than-expected Q3 results.
  • Bilibili Inc. BILI shares surged 14.9% to $22.80 in pre-market trading after jumping over 16% on Friday. Bilibili, last week, reported better-than-expected Q3 adjusted EPS and sales results.
  • XPeng Inc. XPEV gained 13.3% to $12.97 in pre-market trading after jumping 15% on Friday. XPeng recently reported third-quarter FY22 sales growth of 19.3% year-on-year, to RMB6.82 billion ($0.96 billion). China relieved some of its COVID-19 restrictions, easing testing rules in some cities.
  • Niu Technologies NIU jumped 11.3% to $4.74 in pre-market trading after gaining over 10% on Friday. Niu Technologies recently reported worse-than-expected Q3 EPS results.
  • iQIYI, Inc. IQ gained 11% to $3.71 in pre-market trading after jumping around 15% on Friday.
  • Kingsoft Cloud Holdings Limited KC surged 10.4% to $3.68 in pre-market trading after jumping over 14% on Friday. Kingsoft Cloud recently reported a third-quarter FY22 revenue decline of 18.4% year-on-year to $276.8 million, missing the consensus of $313.2 million.
  • Atour Lifestyle Holdings Limited ATAT gained 9% to $19.28 in pre-market trading after gaining over 11% on Friday.
  • RLX Technology Inc. RLX climbed 8.8% to $2.84 in pre-market trading after jumping over 14% on Friday.
  • MINISO Group Holding Limited MNSO gained 8.2% to $12.94 in pre-market trading. Miniso Group, last month, reported better-than-expected Q1 financial results.
  • Lufax Holding Ltd LU gained 7.7% to $2.11 in pre-market trading after gaining around 13% on Friday.
  • NIO Inc. NIO surged 7.3% to $14.09 in pre-market trading as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.

Don’t forget to check out our premarket coverage here .

  • Prudential plc PUK climbed 6.6% to $27.02 in pre-market trading.
  • Li Auto Inc. LI gained 5.8% to $24.09 in pre-market trading as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.
  • Baidu, Inc. BIDU rose 5.4% to $119.98 in pre-market trading as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.
  • Alibaba Group Holding Limited BABA surged 5.2% to $94.71 in pre-market trading as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.

Also check this out:

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasNewsPenny StocksSmall CapPre-Market OutlookMarketsMoversTrading Ideasbig gainersTop Gainers
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!