Shares of Micron Technology, Inc. (NASDAQ: MU) rose sharply in today’s pre-market trading as the company reported upbeat results for its second quarter and issued strong third-quarter guidance.
Micron reported first-quarter revenue of $5.82 billion, which beat the consensus estimate of $5.342 billion. The company reported adjusted earnings of 42 cents per share, which easily beat analyst estimates for a loss of 25 cents per share, according to data from Benzinga Pro.
Micron Technology shares jumped 17.1% to $112.69 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) shares rose 73.7% to $2.31 in pre-market trading after falling 11% on Wednesday.
- CuriosityStream Inc. (NASDAQ: CURI) rose 36.2% to $0.7919 in pre-market trading after the company reported financial results for fourth quarter.
- TROOPS, Inc. (NASDAQ: TROO) shares rose 27.8% to $2.11 in pre-market trading.
- Lufax Holding Ltd (NYSE: LU) climbed 26.4% to $4.26 in pre-market trading ...