VUZI - Why Direct Digital Shares Are Trading Higher By Around 33%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Direct Digital Holdings, Inc. (NASDAQ: DRCT) rose sharply in pre-market trading after the company reported better-than-expected third-quarter financial results.
The company posted quarterly earnings of 23 cents per share, beating estimates of 5 cents per share. The company’s sales came in at $59.47 million versus expectations of $34.49 million.
Direct Digital said it sees 2023 revenue of $170 million to $190 million, versus estimates of $128.09 million.
Direct Digital shares jumped 32.6% to $3.46 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) shares surged 116.9% to $0.3471 in pre-market trading after the company reported third-quarter financial results.
- Marpai, Inc. (NASDAQ: MRAI) shares rose 88.6% to $0.7222 in pre-market trading. Marpai recently named Damien Lamendola as its new Chief Executive Officer, replacing Edmundo Gonzalez.
- INVO Bioscience, Inc. (NASDAQ: INVO) shares rose 32.3% to $0.93 in pre-market trading. INVO Bioscience announced commencement of waiver solicitation from holders of the company's common stock purchase warrants.
- Intelligent Bio Solutions Inc. (NASDAQ: INBS) shares climbed ...