TROO - Why Nextracker Shares Are Trading Higher By Around 20%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Nextracker Inc. (NASDAQ: NXT) rose sharply during today’s pre-market trading after the company reported better-than-expected third-quarter financial results.
Nextracker reported quarterly earnings of 96 cents per share which beat the analyst consensus estimate of 48 cents by 100%. Revenue clocked in at $710.43 million, topping the Street's estimate of $617.95 million, a 38.38% increase over sales of $513.37 million from the same period last year, according to data from Benzinga Pro.
Nextracker shares surged 19.7% to $54.20 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- Elevai Labs, Inc. (NASDAQ: ELAB) gained 85.3% to $1.26 in pre-market trading after gaining 8% on Wednesday.
- Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) shares jumped 52.1% to $0.8420 in pre-market trading. Kiora Pharmaceuticals announced a private placement of up to $45 million.
- Oragenics, Inc. (NYSE: OGEN) gained 17.6% to $2.71 in pre-market trading after dipping around 34% on Wednesday. Oragenics recently announced termination of at-market offering program.
- TROOPS, Inc. (NASDAQ: TROO) shares gained 14.8% to $2.16 in pre-market ...