ZS - Why Zscaler Shares Are Trading Higher By Around 18%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Zscaler, Inc. (NASDAQ:ZS) rose sharply in today's pre-market trading after the company reported better-than-expected third-quarter earnings.
Zscaler said third-quarter revenue increased 32% year-over-year to $553.2 million, which beat the consensus estimate of $535.906 million, according to Benzinga Pro. The company reported quarterly adjusted earnings of 88 cents per share, beating analyst estimates of 66 cents per share.
Zscaler shares jumped 17.5% to $184.12 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- Nuburu, Inc. (NYSE:BURU) rose 71.9% to $0.2750 in today's pre-market trading after falling around 12% on Thursday.
- XChange Tec Inc (NASDAQ:XHG) shares gained 64.9% to $1.13 in pre-market trading after dipping 15% on Thursday.
- Novo Integrated Sciences, Inc. (NASDAQ:NVOS) gained 49.9% to $0.6760 in pre-market trading following HSBC‘s confirmation of a $78 million Standby Letter of Credit.
- Adaptimmune Therapeutics plc (NASDAQ:ADAP) gained 29.7% to $1.31 in pre-market trading after the company and Galapagos entered a clinical collaboration to license Adaptimmune’s uza-cel in in head & neck ...