VINO - Why Oracle Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Oracle Corporation (NYSE: ORCL) rose sharply in today’s pre-market trading after the company reported upbeat earnings for its fiscal third quarter.
Oracle’s third-quarter revenue increased 7% year-over-year to $13.3 billion, which missed the consensus estimate of $13.306 billion, according to Benzinga Pro. The company reported quarterly earnings of $1.41 per share, which beat average estimates of $1.38 per share.
Oracle shares jumped 13.4% to $129.46 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- Singularity Future Technology Ltd. (NASDAQ: SGLY) gained 88.6% to $5.94 in pre-market trading after gaining over 6% on Monday.
- Nukkleus Inc. (NASDAQ: NUKK) shares rose 87.8% to $2.16 in pre-market trading after surging over 43% on Monday.
- ClearOne, Inc. (NASDAQ: CLRO) rose 74.4% to $1.58 in pre-market trading. ClearOne announced a special one-time cash dividend of 50 cents per share.
- Assure Holdings Corp. (NASDAQ: IONM) gained 49.6% to $0.49 in pre-market trading. Assure Holdings entered into an agreement to sell certain of its assets to MPOWERHealth for up to $4.5 million.
- Gaucho Group ...