WAVD - Why Gap Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of The Gap, Inc. (NYSE: GPS) jumped in pre-market trading after the company reported better-than-expected financial results for the third quarter on Thursday.
The Gap reported earnings of 59 cents per share, exceeding the analyst consensus estimate of 18 cents. Quarterly sales of $3.767 billion beat the analyst consensus estimate of $3.610 billion, a 7% decrease from sales of $4.039 billion in the same period of 2022, according to data from Benzinga Pro.
Gap shares rose 17.1% to $16.01 in pre-market.
Here are some other stocks moving in pre-market trading.
Gainers
- Safe and Green Development Corporation (NASDAQ: SGD) shares rose 150.5% to $7.59 in pre-market trading. Safe And Green Development shares jumped around 559% on Thursday after the company said it does not intend to conduct the offering of the shares of common stock contemplated by the Registration Statement.
- Syntec Optics Holdings, Inc. (NASDAQ: OPTX) shares rose 67% to $8.60 in pre-market trading after gaining around 12% on Thursday. Syntec Optics was awarded a contract for optics in biomedical equipment.
- Mural Oncology plc (NASDAQ: MURA) shares surged 56.5% to $5.95 in pre-market trading after falling around 92% on Thursday.
- BIO-key International, Inc. (NASDAQ: BKYI) shares rose 22.2% to $0.1968 in ...