Shares of Penguin Solutions Inc (NASDAQ: PENG ) rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results .
The company reported quarterly earnings of 49 cents per share, beating the analyst consensus estimate of 44 cents per share. The company reported quarterly sales of $343.071 million, which beat the analyst consensus estimate of $338.758 million.
Penguin Solutions shares surged 5.3% to $22.70 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
Ventyx Biosciences Inc (NASDAQ: VTYX ) gained 64.5% to $16.54 in pre-market trading following reports that Indianapolis-based Eli Lilly & Co. (NYSE: LLY ) is in advanced talks to acquire the company for more than $1 billion, according to The Wall Street Journal. Alpha Modus Holdings Inc (NASDAQ: AMOD ) rose 57.8% to $0.78 in pre-market trading after announcing a partnership with Virginia-based DXC Technology Co. (NYSE: DXC ) to deploy financial services kiosks serving underbanked consumers across the United States. Momentus Inc (NASDAQ: MNTS ) gained 32.8% to $13.05 in pre-market trading after rising 11% on Tuesday. Momentus, on Monday, priced its $5 million registered direct offering of 925,926 shares and warrants at a combined price of $5.40. Netcapital Inc (NASDAQ: NCPL ) rose 29.2% to $0.88 in pre-market trading after the company announced it acquired the assets of Iverson Design. Algorhythm Holdings Inc (NASDAQ: RIME ) rose 13.9% to $1.39 in pre-market trading. The Florida-based AI technology company announced that its subsidiary, SemiCab, received an expansion to its master services agreement with Apollo Tyres Ltd., India’s second-largest tire manufacturer, with over $5 billion in annual sales and ranked among the top ten global competitors in the tire industry. BIOAGE Labs Inc (NASDAQ: BIOA ) gained 13.4% to $17.51 in pre-market trading after jumping 22% on Tuesday. Hyperscale Data Inc (NYSE: GPUS ) surged 12.1% to $0.29 in pre-market trading after adding 5% on Tuesday. K Wave Media Ltd (NASDAQ: KWM ) rose 8.7% to $0.45 in pre-market trading. AAR Corp (NYSE: AIR ) gained 5.1% to $94.00 in pre-market trading after the company posted better-than-expected results for the second quarter and issued a strong sales forecast for the current quarter.Losers
Cohen & Company Inc (NYSE: COHN ) fell 15.1% to $27.50 in pre-market trading after gaining 12% on Tuesday. Ernexa Therapeutics Inc (NASDAQ: ERNA ) fell 9.5% to $1.15 in pre-market trading after rising 5% on Tuesday. Next Technology Holding Inc (NASDAQ: NXTT ) fell 9% to $8.40 in pre-market trading after rising 17% on Tuesday. Gloo Holdings Inc (NASDAQ: GLOO ) declined 8.1% to $5.02 in pre-market trading. EZGO Technologies Ltd (NASDAQ: EZGO ) dipped 7.9% to $1.97 in pre-market trading after jumping 5% on Tuesday. Star Fashion Culture Holdings Ltd (NASDAQ: STFS ) fell 7.8% to $0.093 in pre-market trading. Processa Pharmaceuticals Inc (NASDAQ: PCSA ) tumbled 6.8% to $3.15 in pre-market trading after gaining 5% on Tuesday. Kandal M Venture Ltd (NASDAQ: FMFC ) shares dipped 6.1% to $0.37 in pre-market trading after surging 18% on Tuesday. Datavault AI Inc (NASDAQ: DVLT ) dipped 4.3% to $1.34 in pre-market trading. AST SpaceMobile Inc (NASDAQ: ASTS ) fell 4.3% to $93.31 in pre-market trading after gaining 7% on Tuesday.Now Read This:
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AIR AAR Corp $94.00 5.07% Overview AMOD Alpha Modus Holdings Inc $0.7743 57.7% ASTS AST SpaceMobile Inc $93.35 -4.25% BIOA Bioage Labs Inc $17.51 13.6% COHN Cohen & Co Inc $27.50 -9.51% DVLT Datavault AI Inc $1.33 -5.00% DXC DXC Technology Co $14.62 -0.20% ERNA Ernexa Therapeutics Inc $1.15 -9.45% EZGO EZGO Technologies Ltd $1.97 -5.29% FMFC Kandal M Venture Ltd $0.3700 -6.49% GLOO Gloo Holdings Inc $5.02 -8.06% GPUS Hyperscale Data Inc $0.2860 11.6% KWM K Wave Media Ltd $0.4487 11.6% LLY Eli Lilly and Co $1065.61 0.15% MNTS Momentus Inc $12.79 30.1% NCPL Netcapital Inc $0.8744 28.4% NXTT Next Technology Holding Inc $8.57 -7.15% PCSA Processa Pharmaceuticals Inc $3.15 -6.80% PENG Penguin Solutions Inc $22.70 5.34% RIME Algorhythm Holdings Inc $1.39 13.9% STFS Star Fashion Culture Holdings Ltd $0.0934 -7.80% VTYX Ventyx Biosciences Inc $16.60 65.2% Market News and Data brought to you by Benzinga APIs© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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