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News

Why Salesforce Shares Are Trading Higher By Over 9%; Here Are 20 Stocks Moving Premarket

Author: Lisa Levin | November 30, 2023 09:01am

Shares of Salesforce, Inc. (NYSE:CRM) shares surged in pre-market trading after the company reported third-quarter financial results and issued FY24 guidance above estimates.

Salesforce said third-quarter revenue increased 11% year-over-year to $8.72 billion, versus the consensus estimate of $8.72 billion, according to Benzinga Pro. The company reported quarterly earnings of $2.11 per share, which beat analyst estimates of $2.06 per share.

Salesforce shares gained 9.4% to $252.00 in pre-market trading.

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

Gainers

  • Aditxt, Inc. (NASDAQ:ADTX) shares rose 126.1% to $7.80 in pre-market trading.
  • Connexa Sports Technologies Inc. (NASDAQ:CNXA) shares rose 74.7% to $0.5987 in pre-market trading. Connexa Sports recently reported a decline in sales for the second quarter.
  • Clearmind Medicine Inc. (NASDAQ:CMND) rose 50.1% to $6.08 in pre-market trading after surging 22% on Wednesday. Clearmind Medicine recently announced results from its weight loss and metabolic disorder program.
  • Ampio Pharmaceuticals, Inc. (NASDAQ:AMPE) shares surged 37.7% to $2.70 in pre-market trading after gaining over 3% on Wednesday.
  • Avenue Therapeutics, Inc. (NASDAQ:ATXI) shares rose 33.4% to $0.2326 in pre-market trading after falling 8% on Wednesday. Robert Davidow reported a14.5 % passive stake in Avenue Therapeutics in a 13G Filing Tuesday.
  • Minim, Inc. (NASDAQ:MINM) gained 29.3% to $1.19 in pre-market trading after gaining over 13% on Wednesday.
  • VinFast Auto Ltd. (NASDAQ:VFS) gained 24.3% to $9.40 in pre-market trading after gaining around 8% on Wednesday.
  • Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC) shares climbed 18.5% to $0.3519 in pre-market trading. Cyclacel recently received notification of deficiency from Nasdaq regarding timely filing of quarterly report on form 10-Q.
  • Neumora Therapeutics Inc (NASDAQ:NMRA) gained 15.4% to $14.00 in pre-market trading. Neumora Therapeutics recently initiated a Phase 1 single ascending dose / multiple ascending dose study of NMRA-266 in healthy adult participants for schizophrenia and other neuropsychiatric disorders.

Losers

  • Vivos Therapeutics, Inc. (NASDAQ:VVOS) dipped 32.9% to $27.51 in pre-market trading. Vivos Therapeutics shares jumped around 832% on Wednesday after the company announced it received FDA 510(k) clearance for treating severe obstructive sleep apnea in adults using the Vivos' removable CARE oral appliances.
  • RedHill Biopharma Ltd. (NASDAQ:RDHL) shares fell 21.5% to $2.26 in pre-market trading after gaining 26% on Wednesday. On Monday, Redhill Biopharma announced that the FDA had granted five years' market exclusivity for its drug, Talicia, on top of three years' exclusivity granted for the approval of Talicia.
  • Nvni Group Limited (NASDAQ:NVNI) shares fell 19.2% to $1.89 in pre-market trading after gaining over 5% on Wednesday.
  • Apollomics, Inc. (NASDAQ:APLM) fell 18.5% to $0.92 in pre-market.
  • Yoshiharu Global Co. (NASDAQ:YOSH) shares fell 16.2% to $7.72 in pre-market trading. Yoshiharu Global shares jumped 93% on Wednesday after the company effected a 1-for-10 reverse stock split for its Class A and Class B common stock.
  • Pure Storage, Inc. (NYSE:PSTG) fell 15.7% to $31.95 in pre-market trading after the company reported worse-than-expected third-quarter revenue results and issued FY24 revenue guidance below estimates.
  • ProSomnus, Inc. (NASDAQ:OSA) shares fell 15.6% to $0.7933 in pre-market trading after gaining 23% on Wednesday.
  • Pasithea Therapeutics Corp. (NASDAQ:KTTA) shares fell 15.3% to $0.2997 in pre-market trading after gaining around 7% on Wednesday
  • C3is Inc. (NASDAQ:CISS) fell 14% to $0.4555 in pre-market trading after jumping 21% on Wednesday.
  • Safe and Green Development Corporation (NASDAQ:SGD) fell 10.4% to $2.37 in pre-market trading after dipping 14% on Wednesday.

 

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Posted In: ADTX AMPE APLM ATXI CISS CMND CNXA CRM CYCC KTTA MINM NMRA NVNI OSA PSTG RDHL SGD VFS VVOS YOSH

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