Benzinga - by Lisa Levin, Benzinga Editor.
Shares of SentinelOne, Inc. (NYSE: S) rose sharply in pre-market trading after the company reported stronger-than-expected results for its third quarter and raised its annual revenue outlook.
SentinelOne reported third-quarter revenue of $164.2 million, beating the analyst consensus estimate of $156.09 million. The company also reported an adjusted loss of 3 cents per share, beating the analyst consensus estimate of a loss of 8 cents per share, according to Benzinga Pro.
The company raised the full-year 2024 revenue outlook from $605 million to $616 million.
SentinelOne shares gained 18.6% to $23.71 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Clean Earth Acquisitions Corp. (NASDAQ: CLIN) shares gained 105.5% to $12.64 in pre-market trading after falling over 3% on Tuesday.
- Greenbrook TMS Inc. (NASDAQ: GBNH) shares rose 78.7% to $0.4109 in pre-market trading after the company announced it raised $2.5 million in debt financing.
- Dune Acquisition Corporation (NASDAQ: DUNE) rose 23.8% to $6.08 in pre-market trading after dipping over 15% on Tuesday.
- Bit Brother Limited (NASDAQ: BETS) gained 23.5% to $0.0414 in pre-market trading. Bit Brother shares fell over 51% on Tuesday after the company announced the pricing of a $12 million registered direct offering.
- Aclaris Therapeutics, Inc. (NASDAQ: ACRS) shares rose 19.6% to $1.18 in pre-market trading. Aclaris Therapeutics announced exclusive patent license agreement with Sun Pharma for rights of deuruxolitinib.
- Meiwu Technology Company Limited (NASDAQ: WNW) shares surged 17.1% to $0.0937 in pre-market trading after gaining 11% on Tuesday.
- Phio Pharmaceuticals Corp. (NASDAQ: PHIO) shares rose 17% to $1.31 in pre-market trading.
- Mobiv Acquisition Corp (NASDAQ: MOBV) gained 16.4% to $5.82 in pre-market trading after gaining 5% on Tuesday.
- Aspen Aerogels, Inc. (NYSE: ASPN) shares climbed 12.7% to $12.00 in pre-market trading. Aspen Aerogels reported additional EV Thermal barrier commercial award and issued an update on U.S. Department of Energy loan application status.
- ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) dipped 28.6% to $1.10 in pre-market trading after reporting a proposed public offering of common shares.
- NeuroSense Therapeutics Ltd. (NASDAQ: NRSN) shares fell 16.7% to $0.94 in pre-market trading after declining 24% on Tuesday. The company announced that it met its primary safety, tolerability and secondary clinical efficacy endpoints in its Phase 2b PARADIGM Trial of PrimeC in ALS.
- Yext, Inc. (NYSE: YEXT) shares fell 15.6% to $5.92 in pre-market trading after the company reported third-quarter financial results and issued guidance.
- Allarity Therapeutics, Inc. (NASDAQ: ALLR) shares fell 13.7% to $0.50 in pre-market trading. Allarity recently announced initial results from its ongoing Phase 2 clinical trial evaluating the efficacy of stenoparib in women with advanced ovarian cancer.
- Asana, Inc. (NYSE: ASAN) shares fell 13.4% to $20.19 in pre-market trading. Asana posted upbeat results for its third quarter and issued a strong forecast for FY24.
- Box, Inc. (NYSE: BOX) fell 13% to $23.22 in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued FY24 guidance below estimates.
- Abits Group Inc. (NASDAQ: ABTS) shares fell 12% to $1.10 in pre-market trading after jumping 19% on Tuesday.
- Nxu, Inc. (NASDAQ: NXU) fell 11.8% to $0.0225 in pre-market trading after declining more than 6% on Tuesday. NXU named Sarah Wyant as interim CFO, succeeding Apoorv Dwivedi.
- Better Choice Company Inc. (NYSE: BTTR) fell 11.3% to $0.3236 in pre-market trading after gaining over 5% on Tuesday.
- Janover Inc. (NASDAQ: JNVR) fell 8.1% to $1.49 in pre-market after surging 38% on Tuesday.
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