Benzinga - by Avi Kapoor, Benzinga Staff Writer.
Shares of Hello Group Inc. (NASDAQ: MOMO) jumped in pre-market trading after reporting results for the third quarter.
The company said net revenues decreased by 5.9% year-over-year to RMB3,042.8 million ($417.1 million) during the third quarter. Non-GAAP diluted net income per ADS rose to RMB3.05 (US$0.42) from RMB2.60 in the year-ago period.
Hello Group shares rose 8.1% to $7.10 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- MBIA Inc. (NYSE: MBI) shares rose 54.8% to $11.43 in pre-market trading after the company announced it declared an extraordinary cash dividend on MBIA common stock of $8.00 per share.
- Exicure, Inc. (NASDAQ: XCUR) shares gained 53.4% to $0.6597 in pre-market trading after gaining more than 5% on Thursday.
- FLJ Group Limited (NASDAQ: FLJ) rose 16.7% to $2.31 in pre-market trading after falling over 56% on Thursday.
- Sonoma Pharmaceuticals, Inc. (NASDAQ: SNOA) shares rose 11.4% to $0.2198 in pre-market trading after falling 4% on Thursday.
- Ault Alliance, Inc.(NYSE: AULT) gained 11% to $0.1020 in pre-market trading after falling around 10% on Thursday.
- Aligos Therapeutics, Inc. (NASDAQ: ALGS) shares climbed 10.5% to $0.7184 in pre-market trading after the company announced it presented clinical data at Hep-DART 2023 from its Phase 1 studies in HBV and NASH.
- Tharimmune, Inc. (NASDAQ: THAR) gained 9.3% to $0.6620 in pre-market trading after falling over 5% on Thursday.
- SELLAS Life Sciences Group, Inc. (NASDAQ: SLS) shares surged 8.9% to $1.10 in pre-market trading. SELLAS Life Sciences recently announced positive recommendation from REGAL Independent Data Monitoring Committee of Galinpepimut-S in acute myeloid leukemia.
- Clean Earth Acquisitions Corp. (NASDAQ: CLIN) shares rose 8.3% to $5.40 in pre-market trading after dipping over 28% on Thursday.
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Losers- Cyngn Inc. (NASDAQ: CYN) dipped 29.4% to $0.2823 in pre-market trading. Cyngn shares jumped 64% on Thursday after the company announced the issuance of a new patent, US-11,837,089-B2, for its autonomous vehicle and driving solutions.
- Golden Heaven Group Holdings Ltd. (NASDAQ: GDHG) shares fell 22% to $1.81 in pre-market trading. Golden Heaven Group shares dipped 89% on Thursday after the company announced that it intends to enter into an operating lease framework agreement with a top-tier Chinese amusement group.
- Troika Media Group, Inc. (NASDAQ: TRKA) shares fell 21.7% to $0.4210 in pre-market trading. Troika Media Group shares fell around 72% on Thursday after the company announced it filed for Chapter 11.
- Avid Bioservices, Inc. (NASDAQ: CDMO) shares fell 20.8% to $4.19 in pre-market trading after the company reported weak quarterly results.
- HashiCorp, Inc. (NASDAQ: HCP) shares fell 20.5% to $19.80 in pre-market trading after the company reported third-quarter financial results.
- Solid Biosciences Inc. (NASDAQ: SLDB) shares fell 19.5% to $4.63 in pre-market trading after surging 68% on Thursday. The company announced that it received Fast Track Designation from the U.S. Food and Drug Administration (FDA) for its next-generation Duchenne muscular dystrophy gene therapy candidate known as SGT-003.
- China Liberal Education Holdings Limited (NASDAQ: CLEU) fell 18.4% to $0.2203 in pre-market trading after jumping over 38% on Thursday.
- Hempacco Co., Inc. (NASDAQ: HPCO) fell 17.7% to $0.3985 in pre-market trading. Hempacco shares jumped 44% on Thursday after the company announced it entered into an exclusive Master Distribution Agreement with CBDAY Global.
- Save Foods, Inc. (NASDAQ: SVFD) fell 16.4% to $2.55 in pre-market trading. Save Foods shares surged around 42% on Thursday after the company highlighted it's targeting the US carbon credit market following the acquisition of majority ownership in the newly-formed Nitrousink Ltd.
- RH (NYSE: RH) fell 9.4% to $255.01 in pre-market. RH posted an unexpected loss for its third quarter, while sales missed estimates.
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