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Fortinet, Enphase Energy And Other Big Stocks Moving Higher In Wednesday's Pre-Market Session

Published 08/02/2023, 09:35
Updated 08/02/2023, 10:40
© Reuters.  Fortinet, Enphase Energy And Other Big Stocks Moving Higher In Wednesday's Pre-Market Session
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Benzinga - U.S. stock futures traded lower this morning. Here are some big stocks recording gains in today’s pre-market trading session.

  • Youdao, Inc. (NYSE: DAO) jumped 22.2% to $8.46 in pre-market trading. Youdao is expected to report Q4 financial results on February 23.
  • New Relic, Inc. (NYSE: NEWR) gained 16.4% to $75.20 in pre-market trading after the company reported better-than-expected Q3 results and issued strong guidance.
  • Manchester United plc (NYSE: MANU) gained 13.4% to $23.98 in pre-market trading following a Daily Mail report suggesting Qatari investors could soon make an offer for the company.
  • Zhihu Inc. (NYSE: ZH) climbed 13.2% to $2.13 in pre-market trading after gaining around 32% on Tuesday.

Don’t forget to check out our premarket coverage here

  • Fortinet, Inc.. (NASDAQ: FTNT) gained 11.3% to $60.16 in pre-market trading after the company reported better-than-expected Q4 EPS. The company also issued revenue and EPS guidance with a midpoint above consensus estimates.
  • BigBear.ai Holdings, Inc. (NYSE: BBAI) climbed 9.7% to $5.40 in pre-market trading after dropping over 19% on Tuesday.
  • Enphase Energy, Inc. (NASDAQ: ENPH) rose 9.6% to $250.78 in pre-market trading after the company reported better-than-expected Q4 results and issued strong Q1 guidance.
  • Equinor ASA (NYSE: EQNR) gained 6.2% to $31.10 in pre-market trading following Q4 results. Equinor proposed 50% increase in ordinary cash dividend to $0.30 per share.
  • SolarEdge Technologies, Inc. (NASDAQ: SEDG) gained 5.6% to $337.25 in pre-market trading.
  • Bed Bath & Beyond Inc. (NASDAQ: BBBY) climbed 5.3% to $3.17 in pre-market trading. Bed Bath & Beyond shares fell over 48% on Tuesday after the company announced a proposed $225 million offering of Series A Convertible Preferred Stock and warrants.

Now Read This: 5 Cheapest Industrials Stocks You Should Think About

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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