YMAB - Why NetApp Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of NetApp, Inc. (NASDAQ: NTAP) shares rose sharply in today’s pre-market trading after the company reported better-than-expected third-quarter financial results and issued guidance.
NetApp posted adjusted earnings of $1.94 per share, beating market estimates of $1.69 per share. The company’s quarterly sales came in at $1.610 billion, versus expectations of $1.591 billion, according to data from Benzinga Pro.
NetApp shares jumped 17.3% to $104.50 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- Nxu, Inc. (NASDAQ: NXU) gained 111.4% to $1.69 in pre-market trading after the company announced it successfully charged a Tesla Cybertruck on Feb. 26.
- Minim, Inc. (NASDAQ: MINM) shares rose 36.4% to $5.87 in pre-market trading. On Feb. 20, Minim entered into an employment agreement with David Lazar to engage him as CEO, CFO, following resignation of Jeremy Hitchcock.
- Know Labs, Inc. (NYSE: KNW) gained 35.4% to $1.06 in pre-market trading after the company secured U.S. $12 million funding for company's further execution on its clinical research and development initiatives.
- Akanda Corp. (NASDAQ: AKAN) shares surged 30.1% to $0.3273 in pre-market trading. Akanda signed a definitive Share Purchase Agreement and Escrow Agreement for the sale of Portuguese assets to Somai Pharmaceuticals.
- Y-mAbs Therapeutics, ...