Why DoorDash Shares Are Trading Higher By 10%; Here Are 20 Stocks Moving Premarket
Author: Avi Kapoor | August 02, 2024 08:15am
Shares of DoorDash, Inc. (NASDAQ:DASH) rose sharply in today's pre-market trading after the company reported better-than-expected second-quarter revenue results.
DoorDash reported second-quarter revenue of $2.63 billion, beating the consensus estimate of $2.54 billion, according to Benzinga Pro. The company reported a quarterly loss of 38 cents per share, missing analyst estimates for a loss of 9 cents per share.
DoorDash shares jumped 10% to $118.88 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- VSee Health, Inc. (NASDAQ:VSEE) gained 123.4% to $5.43 in pre-market trading after the company announced an agreement with Ava Robotics to develop telepresence solutions for the inpatient intensive care market.
- Akanda Corp. (NASDAQ:AKAN) gained 34.5% to $1.95 in pre-market trading after declining 3% on Thursday.
- Exicure, Inc. (NASDAQ:XCUR) rose 27.3% to $0.6301 in today's pre-market trading after the company announced it received a continued listing determination from the Nasdaq.
- Tandem Diabetes Care, Inc. (NASDAQ:TNDM) jumped 25% to $44.00 in pre-market trading following better-than-expected second-quarter earnings and strong guidance.
- OS Therapies Incorporated (NASDAQ:OSTX) shares gained 22.3% to $3.07 in pre-market trading after dipping 37% on Thursday. OS Therapies reported the pricing of its IPO of 1.60 million shares at $4.00 per share.
- Heramba Electric plc (NASDAQ:PITA) shares gained 17.3% to $4.47 in pre-market trading after dipping around 18% on Thursday.
- Vaccinex, Inc. (NASDAQ:VCNX) shares gained 16.8% to $5.68 in pre-market trading. The company recently announced results of its early stage SIGNAL-AD clinical trial of pepinemab antibody in AD.
- Integral Ad Science Holding Corp. (NASDAQ:IAS) shares rose 12.9% to $11.20 in pre-market trading after the company reported better-than-expected quarterly financial results and issued FY24 revenue guidance above estimates.
- MercadoLibre, Inc. (NASDAQ:MELI) shares rose 9.1% to $1,751.21 in pre-market trading after the company reported better-than-expected quarterly financial results.
Losers
- Gamer Pakistan Inc. (NASDAQ:GPAK) shares fell 39.2% to $0.1021 in pre-market trading after the company announced it received a delisting notice from the Nasdaq.
- Fresh Vine Wine, Inc. (NASDAQ:VINE) shares dipped 37.5% to $0.2730 in pre-market trading after the company announced that it terminated the merger agreement with Notes Live.
- Intel Corporation (NASDAQ:INTC) fell 21.9% to $22.72 in pre-market trading after the company reported its second-quarter financial results Thursday.
- Procore Technologies, Inc. (NYSE:PCOR) shares declined 21.9% to $52.48 in pre-market trading after the company reported second-quarter financial results and issued third-quarter revenue guidance below estimates.
- Snap Inc. (NYSE:SNAP) fell 17.1% to $10.62 pre-market trading after the company reported mixed second-quarter financial results.
- Atlassian Corporation (NASDAQ:TEAM) shares declined 16.9% to $143.94 in pre-market trading after the company posted fourth-quarter results.
- Opendoor Technologies Inc. (NASDAQ:OPEN) shares fell 11.7% to $1.88 in pre-market trading after the company reported second-quarter financial results.
- Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) dipped 10.9% to $1.80 in pre-market trading after the company posted weak second-quarter results.
- Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) shares declined 8.5% to $10.11 in pre-market trading.
- Amazon.com, Inc. (NASDAQ:AMZN) shares fell 8.4% to $168.63 in pre-market trading as the company posted mixed results for its second quarter on Thursday.
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Posted In: AKAN AMZN DASH GPAK IAS INTC LXRX MELI MUFG OPEN OSTX PCOR PITA SNAP TEAM TNDM VCNX VINE VSEE XCUR
