TIVC - Why AppLovin Shares Are Trading Higher By 15%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of AppLovin Corporation (NASDAQ:APP) rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter financial results.
The company posted revenue of $1.058 billion, versus estimates of $974.361 million. Its earnings came in at 67 cents per share, versus expectations of 55 cents per share, according to data from Benzinga Pro.
AppLovin shares jumped 14.8% to $85.00 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Pop Culture Group Co., Ltd (NASDAQ:CPOP) gained 60.3% to $2.71 in pre-market trading. Pop Culture reported revenue of $24 million for the six months ended Dec. 31, 2023, up from $12.75 million in the year-ago period.
- Sezzle Inc. (NASDAQ:SEZL) gained 36.1% to $60.87 in pre-market trading after reporting first-quarter results.
- Inspire Veterinary Partners, Inc. (NASDAQ:IVP) shares rose 21.6% to $4.41 in pre-market trading. Inspire Veterinary Partners recently announced a 1-for-100 reverse stock split.
- Nukkleus Inc (NASDAQ:NUKK) rose 17.7% to $1.04 in today's pre-market trading.
- Xiao-I Corporation (NASDAQ:AIXI) shares gained 14.3% to $1.44 in pre-market trading after the company reported ...