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Why UiPath Shares Are Trading Higher By 13%; Here Are 20 Stocks Moving Premarket

Published Dec 01, 2023 13:30 Updated Dec 01, 2023 15:40
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© Reuters. Why UiPath Shares Are Trading Higher By 13%; Here Are 20 Stocks Moving Premarket
 
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Benzinga - by Lisa Levin, Benzinga Editor.

Shares of UiPath Inc. (NYSE: PATH) shares surged in pre-market trading after the company reported upbeat third-quarter financial results on Thursday.

The company said revenue came in at $325.92 million topping estimates of $315.55 million. EPS was 12 cents, which exceeded estimates of 7 cents.

UiPath shares gained 13% to $22.33 in pre-market trading.

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

Gainers

  • Aditxt, Inc. (NASDAQ: ADTX) shares rose 115.1% to $0.3954 in pre-market trading after falling over 88% on Thursday.
  • Biora Therapeutics, Inc. (NASDAQ: BIOR) shares rose 53.2% to $1.90 in pre-market trading. Biora Therapeutics secured FDA clearance of IND application for drug/device combination BT-600 targeting treatment of ulcerative colitis.
  • Harbor Custom Development, Inc. (NASDAQ: HCDI) rose 44.2% to $1.24 in pre-market trading after surging 24% on Thursday.
  • Altimmune, Inc. (NASDAQ: ALT) shares surged 33.5% to $4.22 in pre-market trading after the company reported topline results from MOMENTUM 48-week Phase 2 obesity trial of pemvidutide.
  • ShiftPixy, Inc. (NASDAQ: PIXY) gained 21.3% to $10.11 in pre-market trading after gaining over 43% on Thursday.
  • Elastic N.V. (NASDAQ: ESTC) gained 20.5% to $96.86 in pre-market trading after the company reported better-than-expected second-quarter financial results and issued guidance.
  • Movella Holdings Inc. (NASDAQ: MVLA) shares climbed 17% to $0.4199 in pre-market trading.
  • Fenbo Holdings Limited (NASDAQ: FEBO) shares rose 13.3% to $5.03 in pre-market trading after falling 11% on Thursday. Fenbo Holdings priced its IPO at $5 per share.
  • Ulta Beauty, Inc. (NASDAQ: ULTA) gained 10.9% to $472.51 in pre-market trading as the company reported upbeat sales results for its third quarter and increased the lower end of its profit and sales projections for the full year. The company also said CFO Scott Settersten plans to retire, effective April 1, 2024.

Losers

  • Polar Power, Inc. (NASDAQ: POLA) dipped 45.7% to $0.4599 in pre-market trading. Polar Power priced public offering of 4 million common shares at $0.40 per share for gross proceeds of $1.6 million.
  • Minim, Inc. (NASDAQ: MINM) shares fell 36.2% to $2.86 in pre-market trading after gaining over 386% on Thursday.
  • Smart for Life, Inc. (NASDAQ: SMFL) shares fell 33.6% to $1.60 in pre-market trading after gaining over 58% on Thursday.
  • Incannex Healthcare Limited (NASDAQ: IXHL) shares fell 32.6% to $5.38 in pre-market trading after gaining 85% on Thursday.
  • ESGL Holdings Limited (NASDAQ: ESGL) shares fell 27.4% to $0.6029 in pre-market trading after declining around 18% on Thursday.
  • Ampio Pharmaceuticals, Inc. (NASDAQ: AMPE) fell 26.2% to $4.25 in pre-market after surging 194% on Thursday.
  • Soligenix, Inc. (NASDAQ: SNGX) fell 25.5% to $0.7299 in pre-market trading. Soligenix shares jumped 136% on Thursday after the company announced it received FDA IND clearance for the Phase 2 clinical trial of dusquetide in the treatment of aphthous ulcers of Behçet's disease.
  • Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR) shares fell 17.7% to $0.3124 in pre-market trading after declining around 25% on Thursday
  • Aditxt, Inc. (NASDAQ: ADTX) fell 16.1% to $3.33 in pre-market trading after jumping 15% on Thursday.
  • Dell Technologies Inc. (NYSE: DELL) fell 5.1% to $72.00 in pre-market trading. Dell reported upbeat earnings results for its third quarter, while sales missed estimates.

Now Read This: Fear & Greed Index Remains In 'Greed' Zone Following PCE Data; Dow Surges Over 500 Points

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

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Why UiPath Shares Are Trading Higher By 13%; Here Are 20 Stocks Moving Premarket
 

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