LFST - Why Urban Outfitters Shares Are Trading Higher By Around 7%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Urban Outfitters, Inc. (NASDAQ:URBN) rose sharply in today's pre-market trading after the company reported better-than-expected financial results for its first quarter on Tuesday.
The company reported quarterly earnings of 69 cents per share, which beat the analyst consensus estimate of 52 cents. Quarterly sales clocked in at $1.2 billion, beating the analyst consensus estimate of $1.175 billion, according to data from Benzinga Pro.
Urban Outfitters shares jumped 6.7% to $44.10 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- MGO Global, Inc. (NASDAQ:MGOL) gained 91.2% to $2.39 in pre-market trading. MGO Global shares jumped around 447% on Tuesday after the company posted a year-over-year increase in its first-quarter financial results.
- Barnes & Noble Education, Inc. (NYSE:BNED) rose 66.8% to $0.9009 in today's pre-market trading. Barnes & Noble shares jumped 74% on Tuesday, potentially driven by ongoing developments surrounding a potential strategic transaction with the company.
- Mustang Bio, Inc. (NASDAQ:MBIO) shares gained 64.5% to $0.5098 in pre-market trading after falling over 8% on Tuesday.
- Akoustis Technologies, Inc. (NASDAQ:AKTS) gained 51.8% to $0.2091 in pre-market trading after falling around 13% on Tuesday. Akoustis ...