Why Nordstrom Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket
Author: Avi Kapoor | August 28, 2024 05:13am
Shares of Nordstrom, Inc. (NYSE:JWN) rose sharply in today's pre-market trading after the company reported stronger-than-expected earnings for its second quarter on Tuesday.
The company reported quarterly earnings of 96 cents per share, which beat the analyst consensus estimate of 71 cents per share, according to data from Benzinga Pro.
Nordstrom shares jumped 7.8% to $22.78 in the pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- JBDI Holdings Limited (NASDAQ:JBDI) gained 68.5% to $17.05 in pre-market trading after jumping 102% on Tuesday. The company prices its IPO at $5 per share.
- SaverOne 2014 Ltd. (NASDAQ:SVRE) rose 37.5% to $0.3190 in today's pre-market trading after the company reported H1 financial results. Also, the company announced a strategic asset purchase agreement for Micronet Generation-3 camera products and intellectual property.
- Heramba Electric plc (NASDAQ:PITA) gained 37.5% to $3.15 in pre-market trading after declining 3% on Tuesday.
- Bolt Projects Holdings, Inc. (NASDAQ:BSLK) gained 30% to $2.69 in pre-market trading after dipping 22% on Tuesday.
- Ambarella, Inc. (NASDAQ:AMBA) gained 20% to $63.36 in pre-market trading following better-than-expected quarterly results.
- Waldencast plc (NASDAQ:WALD) gained 18.5% to $3.44 in pre-market trading after reporting second-quarter results.
- Aethlon Medical, Inc. (NASDAQ:AEMD) gained 9.3% to $0.52 in pre-market trading after declining 7% on Tuesday.
- VNET Group, Inc. (NASDAQ:VNET) gained 7% to $2.14 in the pre-market trading session following strong quarterly results.
- Box, Inc. (NYSE:BOX) gained 6.5% to $30.70 in pre-market trading as the company reported better-than-expected financial results for the second quarter and issued strong FY25 guidance.
Losers
- QT Imaging Holdings, Inc. (NASDAQ:QTI) declined 18.3% to $0.49 in pre-market trading after falling 6% on Tuesday.
- Santech Holdings Limited (NASDAQ:STEC) shares declined 17% to $0.5236 in pre-market trading after jumping 58% on Tuesday. Santech Holdings recently announced a $5 million share repurchase program.
- nCino, Inc. (NASDAQ:NCNO) shares fell 14.7% to $29.45 in pre-market trading after reporting second-quarter results.
- Ensysce Biosciences, Inc. (NASDAQ:ENSC) fell 13.1% to $0.56 in pre-market trading. Ensysce Biosciences shares jumped 49% on Tuesday after the company received a $14 million multi-year grant from the NIH for the continued development of its PF614-MPAR, an abuse-deterrent opioid with overdose protection.
- Tantech Holdings Ltd (NASDAQ:TANH) shares fell 10.2% to $0.1669 in pre-market trading after gaining 20% on Tuesday.
- T Stamp Inc. (NASDAQ:IDAI) fell 10.1% to $0.3710 in pre-market trading.
- ARB IOT Group Limited (NASDAQ:ARBB) fell 9.9% to $0.3633 in today's pre-market trading after gaining 6% on Tuesday.
- Lixte Biotechnology Holdings Inc (NASDAQ:LIXT) shares declined 9% to $1.71 in pre-market trading after dipping 9% on Tuesday.
- PVH Corp. (NYSE:PVH) shares dipped 8.1% to $95.97 in pre-market trading after the company guided a third-quarter revenue decline and issued EPS estimates below estimates.
- Magnite, Inc. (NASDAQ:MGNI) shares fell 6.6% to $13.00 in pre-market trading.
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Posted In: AEMD AMBA ARBB BOX BSLK ENSC IDAI JBDI JWN LIXT MGNI NCNO PITA PVH QTI STEC SVRE TANH VNET WALD
