Why Five9 Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket - Akamai Technolog

Shares of Five9, Inc. (NASDAQ:FIVN) rose sharply in today's pre-market trading after the company reported better-than-expected fourth-quarter financial results.

Five9 reported quarterly earnings of 79 cents per share, which beat the analyst consensus estimate of 70 cents. Quarterly revenue came in at $278.66 million which beat the analyst consensus estimate of $267.81 million and is an increase over revenue of $239.06 million from the same period last year.

Five9 also announced the retirement of CFO Barry Zwarenstein and the appointment of Bryan Lee to Interim CFO.

Five9 shares jumped 13% to $47.10 in the pre-market trading session.

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

Gainers

MicroAlgo Inc. (NASDAQ:MLGO) rose 113.9% to $2.46 in pre-market trading after dipping 5% on Thursday.
Universe Pharmaceuticals INC (NASDAQ:UPC) shares jumped 76.7% to $0.2519 in pre-market trading after declining 5% on Thursday.
Tantech Holdings Ltd (NASDAQ:TANH) gained 36.5% to $4.08 in pre-market trading.
Celsius Holdings, Inc. (NASDAQ:CELH) gained 33.2% to $34.01 in pre-market trading after the company announced it will acquire Alani Nu for $1.65 billion.
MicroCloud Hologram Inc. (NASDAQ:HOLO) gained 26.1% to $1.50 in pre-market trading after gaining around 4% on Wednesday.
Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ:SHPH) gained 23.6% to $0.7357 in pre-market after declining around 7% on Wednesday.
China Yuchai International Limited (NYSE:CYD) shares climbed 23.3% to $23.40 in pre-market trading after the company announced a strategic agreement with Kim Long Motor Hue.
Diginex Limited (NASDAQ:DGNX) rose 18.7% to $52.00. Diginex announced secondary listing on the Frankfurt Stock Exchange and Tradegate Exchange and the engagement of German-based Kirchhoff Consult GmbH to broaden investor base across Europe.
AleAnna, Inc. (NASDAQ:ANNA) gained 13.7% to $10.18 in pre-market trading.

Losers

Inspirato Incorporated (NASDAQ:ISPO) shares fell 54.4% to $2.10 in pre-market trading. Inspirato announced plans to release its fourth quarter and full year 2024 financial and operating results after the closing bell on Monday, Feb. 24.
Mobile-health Network Solutions (NASDAQ:MNDR) dipped 22.1% to $0.7330 in pre-market trading after jumping 185% on Thursday.
Northann Corp. (NYSE:NCL) declined 17.4% to $0.1980 in pre-market trading.
Jewett-Cameron Trading Company Ltd. (NASDAQ:JCTC) fell 16.4% to $3.98 in pre-market trading.
Volato Group, Inc. (NYSE:SOAR) shares tumbled 15.3% to $0.1694 in pre-market trading after jumping 49% on Thursday.
Fold Holdings, Inc. (NASDAQ:FLD) shares fell 14.5% to $7.90 in pre-market trading after dipping around 15% on Thursday.
Akamai Technologies, Inc. (NASDAQ:AKAM) fell 11.3% to $87.00 in pre-market trading following weak guidance.
Dropbox, Inc. (NASDAQ:DBX) fell 11.2% to $28.32 in pre-market trading. Dropbox reported better-than-expected earnings for its fourth quarter after Thursday's closing bell. Total ARR was $2.574 billion, an increase of 2% from the same period last year. Total ARR decreased by $4.8 million quarter-over-quarter.
Globant S.A. (NASDAQ:GLOB) shares dipped 9.1% to $191.00 in pre-market trading after the company issued FY25 guidance below estimates.
AlTi Global, Inc. (NASDAQ:ALTI) fell 7.6% to $3.04 in today's pre-market trading after declining around 7% on Thursday.