Shares of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) rose sharply in today's pre-market trading after the company reported better-than-expected second-quarter sales and issued guidance.
Ericsson reported a second-quarter loss of 31 cents per share, compared to year-ago earnings of 7 cents per share. The company reported quarterly sales of $5.59 billion which beat the analyst consensus estimate of $5.36 billion, according to data from Benzinga Pro.
Ericsson shares jumped 4.3% to $6.66 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Sentage Holdings Inc. (NASDAQ:SNTG) rose 85.6% to $4.27 in pre-market trading after gaining around 5% on Thursday.
- Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) gained 40.4% to $3.16 in pre-market trading.
- Qualigen Therapeutics, Inc. (NASDAQ:QLGN) shares rose 36.7% to $0.2809 in pre-market trading.
- AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) shares rose 28.3% to $0.1053 in pre-market trading after gaining around 7% on Thursday.
- Immutep Limited (NASDAQ:IMMP) shares climbed 20.4% to $2.42 in pre-market trading after ...