Why Aehr Test Systems Shares Are Trading Higher By Around 14%; Here Are 20 Stocks Moving Premarket
Author: Avi Kapoor | October 11, 2024 06:20am
Shares of Aehr Test Systems, Inc. (NASDAQ:AEHR) rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter financial results.
Aehr Test Systems reported quarterly earnings of 7 cents per share, which beat the analyst consensus estimate of 2 cents. Quarterly revenue of $13.12 million also beat the consensus estimate of $12.17 million, according to data from Benzinga Pro.
Aehr Test Systems shares jumped 13.9% to $15.17 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- NewGenIvf Group Limited (NASDAQ:NIVF) rose 68.4% to $1.0100 in pre-market trading. NIVF TW Opportunities Master Fund II, L.P. disclosed a 9.9% passive stake in NewgenIVF Group Ltd as of Oct. 4.
- ZenaTech Inc (NASDAQ:ZENA) gained 40.1% to $2.48 in pre-market trading after declining around 5% on Thursday.
- Cemtrex, Inc. (NASDAQ:CETX) shares rose 26.4% to $0.5930 in pre-market trading after declining 34% on Thursday.
- LuxUrban Hotels Inc. (NASDAQ:LUXH) shares gained 26.1% to $0.0637 in pre-market trading after dipping 17% on Thursday. LuxUrban Hotels recently filed a prospectus to sell up to 23.63 million shares of common stock.
- Jet.AI Inc. (NASDAQ:JTAI) shares surged 24.1% to $0.1014 in pre-market trading. Jet.AI shares fell around 12% on Thursday after the company announced it entered into an agreement with certain institutional investors to purchase approximately 26.6 million shares of common stock in a registered direct offering.
- American Lithium Corp. (NASDAQ:AMLI) gained 15% to $0.9086 in pre-market trading after jumping around 18% on Thursday.
- Kindly MD, Inc. (NASDAQ:KDLY) shares jumped 13.2% to $1.4500 in pre-market trading after declining around 7% on Thursday.
- Burning Rock Biotech Limited (NASDAQ:BNR) rose 12.3% to $3.67 in pre-market trading. Burning Rock and Dizal secured NMPA approval for NGS-based companion diagnostic for lung cancer in China.
- Akanda Corp. (NASDAQ:AKAN) gained 12% to $1.21 in pre-market trading.
Losers
- Gritstone bio, Inc. (NASDAQ:GRTS) shares dipped 14.3% to $0.0532 in pre-market trading. Gritstone Bio shares dipped around 69% on Thursday after the company announced it voluntarily filed for Chapter 11 restructuring.
- Lilium N.V. (NASDAQ:LILM) shares fell 10.5% to $0.6611 in pre-market trading after declining around 5% on Thursday.
- Carmell Corporation (NASDAQ:CTCX) fell 8.8% to $0.3490 in today's pre-market trading after dipping more than 10% on Thursday.
- Galaxy Payroll Group Limited (NASDAQ:GLXG) fell 8.5% to $9.42 in pre-market trading after gaining 34% on Thursday.
- Luokung Technology Corp. (NASDAQ:LKCO) shares declined 8.2% to $1.90 in pre-market trading after dipping 21% on Thursday.
- Clearmind Medicine Inc. (NASDAQ:CMND) shares declined 8.1% to $1.25 in pre-market trading. Clearmind Medicine announced it has received Institutional Review Board approval from one of its clinical sites in the U.S. for part A of its Phase I/IIa clinical trial in the United States for treating patients suffering from alcohol use disorder.
- Momentus Inc. (NASDAQ:MNTS) shares fell 7.7% to $0.5850 in pre-market trading after dipping 40% on Thursday. Momentus recently announced a deal to provide launch services for NASA.
- Innventure, Inc. (NASDAQ:INV) shares fell 7.3% to $10.60 after gaining around 8% on Thursday.
- MicroAlgo Inc. (NASDAQ:MLGO) declined 7% to $0.3484 in pre-market trading after jumping 49% on Thursday.
- Tesla, Inc. (NASDAQ:TSLA) fell 5.6% to $225.35 in pre-market trading on brokerage firm Robinhood after the company's robotaxi unveiling event late on Thursday failed to give investors' confidence.
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Posted In: AEHR AKAN AMLI BNR CETX CMND CTCX GLXG GRTS INV JTAI KDLY LILM LKCO LUXH MLGO MNTS NIVF TSLA ZENA
