Why NVIDIA Shares Are Trading Higher By Over 6%; Here Are 20 Stocks Moving Premarket

Author: Avi Kapoor | May 23, 2024 08:39am

Shares of NVIDIA Corporation (NASDAQ:NVDA) rose sharply in today's pre-market trading after the company reported better-than-expected financial results for its first quarter and issued strong guidance for the second quarter.

The company announced a 10-for-1 stock split and raised its quarterly dividend by 150%.

NVIDIA shares jumped 6.3% to $1,008.80 in the pre-market trading session.

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

Gainers

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) rose 178.8% to $0.3660 in today's pre-market trading after jumping 19% on Wednesday.
iSpecimen Inc. (NASDAQ:ISPC) shares gained 44% to $0.4610 in pre-market trading after jumping around 32% on Wednesday.
Netcapital Inc. (NASDAQ:NCPL) gained 42.6% to $0.2169 in pre-market trading.
Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) gained 41.5% to $0.1115 in pre-market trading after jumping 34% on Wednesday.
Mustang Bio, Inc. (NASDAQ:MBIO) shares rose 18.8% to $0.2850 in pre-market trading after falling over 22% on Wednesday.
Sharps Technology, Inc. (NASDAQ:STSS) shares gained 14.8% to $0.2965 in pre-market trading.
LiveRamp Holdings, Inc. (NYSE:RAMP) shares climbed 14.4% to $37.00 in pre-market trading fter the company reported better-than-expected fourth-quarter financial results and issued first-quarter revenue guidance above estimates. Also, the company issued FY25 revenue guidance with its midpoint above estimates.
SU Group Holdings Limited (NASDAQ:SUGP) gained 12.5% to $2.96 in pre-market trading.
Zuora, Inc. (NYSE:ZUO) gained 10.5% to $10.89 in pre-market trading after the company reported better-than-expected first-quarter sales results and issued FY25 adjusted EPS guidance above estimates.

Losers

MGO Global, Inc. (NASDAQ:MGOL) shares declined 36.7% to $0.7340 in pre-market trading after dipping over 7% on Wednesday.
Barnes & Noble Education, Inc. (NYSE:BNED) shares declined 32.7% to $0.7601 in pre-market trading after jumping 109% on Wednesday. Greenhaven last week said it continues to explore a possible transaction with the company.
Akoustis Technologies, Inc. (NASDAQ:AKTS) shares dipped 32.3% to $0.2134 in pre-market trading after jumping over 128% on Wednesday. Akoustis announced a $10 million registered direct offering priced at-the-market under Nasdaq rules.
DermTech, Inc. (NASDAQ:DMTK) shares fell 20.2% to $0.3350 in pre-market trading after jumping 18% on Wednesday.
Roadzen, Inc. (NASDAQ:RDZN) shares fell 19.1% to $3.18 in pre-market trading after jumping around 20% on Wednesday.
V.F. Corporation (NYSE:VFC) shares declined 15.2% to $10.46 in pre-market trading following worse-than-expected fourth-quarter financial results. VF Corporation named Paul Vogel as Chief Financial Officer.
Exela Technologies, Inc. (NASDAQ:XELA) shares fell 14.7% to $2.37 in pre-market trading. Exela Technologies recently posted a first-quarter loss of $4.27 per share.
Cytokinetics, Incorporated (NASDAQ:CYTK) shares fell 14.7% to $50.55 in pre-market trading. Cytokinetics priced its public offering of 9,803,922 common stock at $51 per share.
MultiMetaVerse Holdings Limited (NASDAQ:MMV) fell 13.6% to $0.8192 in pre-market trading.
Nxu, Inc. (NASDAQ:NXU) shares fell 13.6% to $0.50 in pre-market trading. Nxu shares jumped 29% on Wednesday after the company was issued a vehicle technology patent.