Shares of Deckers Outdoor Corporation DECK rose sharply in today’s pre-market trading after the company reported better-than-expected second-quarter financial results.
Deckers reported second-quarter revenue of $1.31 billion, beating analyst estimates of $1.2 billion. The casual footwear and apparel company reported second-quarter earnings of $1.59, beating analyst estimates of $1.23 per share, according to Benzinga Pro.
Deckers Outdoor shares jumped 14% to $173.31 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- Safe & Green Holdings Corp. SGBX rose 108.5% to $2.19 in pre-market trading after dipping around 20% on Thursday.
- ARB IOT Group Limited ARBB gained 83.9% to $0.6070 in pre-market trading after falling over 10% on Thursday.
- Jeffs’ Brands Ltd JFBR shares rose 60.6% to $0.44 in pre-market trading after the company announced it was granted a 180-day extension to regain Nasdaq compliance.
- Faraday Future Intelligent Electric Inc. FFIE shares surged 31% to $2.62 in pre-market trading. Faraday Future Partnered with UAE’s Royal Family for strategic expansion in Ras Al Khaimah.
- Lyell Immunopharma, Inc. LYEL shares jumped 24.7% to $1.37 in pre-market trading after the company announced it will acquire privately-owned clinical-stage biotechnology company ImmPACT Bio.
- Inno Holdings Inc. INHD rose 19.4% to $4.7200 in pre-market trading after declining 8% on Thursday.
- ImmunityBio, Inc. IBRX climbed 14.2% to $4.81 in pre-market trading after the company announced it dosed its first patients in its Phase 1 clinical study of CAR-NK cell therapy for relapsed B-Cell Non-Hodgkin Lymphoma.
- Tapestry, Inc. TPR gained 14.2% to $50.80 in pre-market trading as traders circulate a report alleging that a judge blocked the company’s proposed acquisition of Capri.
- CleanCore Solutions, Inc. ZONE shares rose 12.8% to $1.67 in pre-market trading.
Losers
- Capri Holdings Limited CPRI shares dipped 47.1% to $22.01 in pre-market trading following reports that a judge has blocked the company’s pending merger with Tapestry.
- Monopar Therapeutics Inc. MNPR shares fell 21.8% to $25.50 in pre-market trading. Monopar Therapeutics shares jumped 605% on Thursday after the company entered into an agreement with Alexion, AstraZeneca Rare Disease, for an exclusive worldwide license to ALXN-1840 for Wilson disease.
- Hepion Pharmaceuticals, Inc HEPA shares fell 20.2% to $0.58 in pre-market trading after gaining 12% on Thursday.
- Coursera, Inc. COUR fell 19.2% to $6.16 in today’s pre-market trading after the company issued fourth-quarter revenue guidance below estimates and cut its FY24 revenue guidance,
- Quince Therapeutics, Inc. QNCX fell 18.2% to $0.9723 in pre-market trading after jumping 37% on Thursday.
- Alpha Technology Group Limited ATGL fell 17.3% to $7.97 in pre-market trading after jumping 52% on Thursday.
- Bionomics Limited BNOX declined 16.1% to $0.3020 in pre-market trading after jumping 24% on Thursday.
- The Bancorp, Inc. TBBK shares fell 15.4% to $46.51 following downbeat quarterly results.
- Farmmi, Inc. FAMI shares declined 12.9% to $0.4180 in pre-market trading. Farmmi shares jumped 24% on Thursday after the company announced it entered into a strategic cooperation agreement to further expand its logistic services business and potentially bring in an additional $10 million in annual orders
- Joby Aviation, Inc. JOBY fell 8.1% to $5.55 in pre-market trading as the company announced the pricing of public offering of common stock.
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