Get 40% Off
🎁 Free Gift Friday: Copy Legendary Investors' Portfolios in One ClickCopy for Free

Why Rush Street Interactive Shares Are Trading Higher By Around 25%; Here Are 20 Stocks Moving Premarket

Published 07/03/2024, 13:05
Updated 07/03/2024, 14:10
© Reuters.  Why Rush Street Interactive Shares Are Trading Higher By Around 25%; Here Are 20 Stocks Moving Premarket

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Shares of Rush Street Interactive, Inc. (NYSE: RSI) rose sharply in today’s pre-market trading as the company reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for 2024.

Rush Street Interactive posted adjusted earnings of 1 cent per share, versus market expectations for a loss of 3 cents per share. The company’s quarterly sales came in at $193.85 million, topping estimates of $178.56 million.

Rush Street Interactive shares surged 25.2% to $6.75 in pre-market trading

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

Gainers

  • Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) gained 275.6% to $8.68 in pre-market trading after the company announced the launch of Lytus Cloud.
  • Brera Holdings PLC (NASDAQ: BREA) shares rose 199% to $3.05 in pre-market trading. Brera Holdings said its Executive Chairman Daniel McClory acquired a majority stake in the company.
  • Beneficient (NASDAQ: BENF) shares rose 61.1% to $0.1611 in pre-market trading. Beneficient agreed to the financing of liquidity transactions for three separate funds managed by ff Venture Capital.
  • Mustang Bio, Inc. (NASDAQ: MBIO) gained 41.2% to $1.92 in pre-market trading.
  • The Honest Company, Inc. (NASDAQ: HNST) rose 30.5% to $4.11 in pre-market trading after the company reported better-than-expected fourth-quarter financial results.
  • OneSpan Inc. (NASDAQ: OSPN) climbed 27.5% to $12.21 in pre-market trading after the company reported better-than-expected fourth-quarter financial results.
  • AudioEye, Inc. (NASDAQ: AEYE) shares gained 20.4% to $8.34 in pre-market trading after the company reported mixed fourth-quarter financial results and issued guidance.
  • Yext, Inc. (NYSE: YEXT) shares gained 18.5% to $7.06 in pre-market trading after the company reported better-than-expected fourth-quarter financial results.
  • Avinger, Inc. (NASDAQ: AVGR) shares rose 16.2% to $4.30 in pre-market trading after the company entered into strategic partnership and up to $15 million equity funding agreement with Zylox-Tonbridge to access Greater China market.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .
Losers
  • Victoria's Secret & Co. (NYSE: VSCO) fell 29.1% to $18.16 pre-market trading after reporting fourth-quarter results.
  • Avid Bioservices, Inc. (NASDAQ: CDMO) shares tumbled 27.4% to $6.38 in pre-market trading after the company reported certain preliminary third-quarter financial results and announced a proposed $160 million private placement of convertible notes.
  • Solowin Holdings (NASDAQ: SWIN) fell 22.1% to $36.64 in pre-market trading after jumping 135% on Wednesday.
  • Aptorum Group Limited (NYSE: APM) shares dipped 21.8% to $7.42 in pre-market trading. Aptorum shares jumped 468% on Wednesday after the company announced it entered into an agreement and plan of merger with YOOV and also announced a spin-off agreement to separate its legacy business.
  • Solowin Holdings (NASDAQ: SWIN) dipped 21.3% to $37.00 in pre-market trading after jumping 135% on Wednesday.
  • Enviva Inc. (NYSE: EVA) shares tumbled 20.6% to $0.7480 after surging over 27% on Wednesday.
  • Emergent BioSolutions Inc. (NYSE: EBS) fell 17.8% to $2.68 pre-market trading after posting weak quarterly results.
  • Airship AI Holdings, Inc. (NASDAQ: AISP) fell 17.6% to $5.70 in pre-market trading. Airship AI Holdings filed amended S-1 registration statement.
  • ADT Inc. (NYSE: ADT) shares fell 12.9% to $6.51 in pre-market trading as the company reported pricing of secondary public offering of common stock and concurrent share repurchase.
  • TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) declined 8% to $10.00 in pre-market trading after the company reported worse-than-expected fourth-quarter financial results.

Now Read This: Kroger, Broadcom And 3 Stocks To Watch Heading Into Thursday

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

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.