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Why Braze Shares Are Trading Higher By 14%; Here Are 20 Stocks Moving Premarket

Published 07/06/2024, 10:17
Updated 07/06/2024, 11:40
© Reuters.  Why Braze Shares Are Trading Higher By 14%; Here Are 20 Stocks Moving Premarket
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Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Shares of Braze, Inc. (NASDAQ:BRZE) rose sharply in today's pre-market trading following better-than-expected first-quarter earnings.

Braze reported first-quarter revenue of $135.459 million, beating estimates of $131.668 million. The company reported a first-quarter adjusted loss of 5 cents per share, beating estimates for a loss of 10 cents per share, according to Benzinga Pro.

Braze shares jumped 14.3% to $42.02 in the pre-market trading session.

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

Gainers

  • Venus Concept Inc. (NASDAQ:VERO) rose 135.8% to $1.46 in today's pre-market trading after gaining 16% on Thursday. Venus Concept was notified it regained compliance with Nasdaq’s minimum equity requirement.
  • Versus Systems Inc. (NASDAQ:VS) gained 89.1% to $3.11 in pre-market trading after jumping 27% on Thursday.
  • GameStop Corp. (NYSE:GME) shares gained 35.3% to $63.00 in pre-market trading after jumping around 47% on Thursday.
  • Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) gained 25.9% to $0.6850 in pre-market trading.
  • ESGL Holdings Limited (NASDAQ:ESGL) shares rose 22.7% to $1.19 in pre-market trading.
  • Trinity Place Holdings Inc. (NYSE:TPHS) shares rose 20.3% to $0.1460 in pre-market trading after declining around 11% on Thursday.
  • Presto Automation Inc. (NASDAQ:PRST) rose 19.2% to $0.0905 in pre-market trading after declining 27% on Thursday.
  • Geron Corporation (NASDAQ:GERN) shares climbed 14.3% to $4.45 in pre-market trading as the company reported the FDA approval of RYTELO™ (imetelstat), a first-in-class telomerase inhibitor, for the treatment of adult patients with lower-risk MDS with transfusion-dependent anemia.
  • AMC Entertainment Holdings, Inc. (NYSE:AMC) shares gained 12.7% to $6.53 in pre-market trading after gaining over 12% on Thursday.
Losers
  • Biomea Fusion, Inc. (NASDAQ:BMEA) shares declined 59.2% to $4.60 in pre-market trading after the company received notice from the FDA that Its trials of BMF-219 have been placed on clinical hold.
  • Xylo Technologies Ltd. (NASDAQ:XYLO) shares declined 19.8% to $1.50 in pre-market trading after surging over 6% on Thursday.
  • Sacks Parente Golf, Inc. (NASDAQ:SPGC) shares fell 19.8% to $0.43 in pre-market trading.
  • Virax Biolabs Group Limited (NASDAQ:VRAX) shares dipped 19.3% to $1.59 in pre-market trading after jumping over 85% on Thursday.
  • Splash Beverage Group, Inc. (NASDAQ:SBEV) shares fell 17.1% to $0.2112 in pre-market trading.
  • Moving iMage Technologies, Inc. (NYSE:MITQ) fell 15% to $0.57 in pre-market trading after declining 33% on Thursday. Moving iMage Technologies was recently awarded a multi-million dollar contract.
  • Bright Green Corporation (NASDAQ:BGXX) shares fell 14.7% to $0.2990 in pre-market trading after declining around 8% on Thursday.
  • Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) shares fell 13% to $6.55 in pre-market trading after posting weaker-than-expected second-quarter results.
  • DocuSign, Inc. (NASDAQ:DOCU) shares fell 7.1% to $50.70 in pre-market trading. DocuSign reported better-than-expected earnings for its first quarter and the company’s board also authorized a $1 billion increase to its existing stock repurchase program. The company said it sees second-quarter billings in the range of $715 million to $725 million.
  • Vail Resorts, Inc. (NYSE:MTN) shares declined 6.8% to $180.77 in pre-market trading after the company reported weaker-than-expected results for its third quarter on Thursday.
Now Read This: Vail Resorts, DocuSign And 3 Stocks To Watch Heading Into Friday

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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