Why Xos Shares Are Trading Higher By Around 25%; Here Are 20 Stocks Moving Premarket - Aeries Technology (NASDAQ:AERT), AIRO Group Holdings (NASDAQ:AIRO)

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Why Xos Shares Are Trading Higher By Around 25%; Here Are 20 Stocks Moving Premarket - Aeries Technology (NASDAQ:AERT), AIRO Group Holdings (NASDAQ:AIRO)

Shares of Xos, Inc. XOS rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and issued FY25 sales guidance with its midpoint above estimates .

Xos reported quarterly loss of 91 cents per share which beat the analyst consensus estimate of loss of $1.06 per share. The company reported quarterly sales of $18.393 million which beat the analyst consensus estimate of $13.105 million.

Xos shares jumped 25.3% to $4.38 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

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Gainers

Expion360 Inc. XPON climbed 195.4% to $3.8697 in pre-market trading after the company reported better-than-expected quarterly financial results. Sonoma Pharmaceuticals, Inc. SNOA shares gained 99.3% to $6.00 in pre-market trading after the company launched a HOCI-based diaper rash product in 3,600 Walmart stores and online. Aeries Technology, Inc AERT gained 54.4% to $1.08 in pre-market trading after the company reported a year-over-year increase in quarterly EPS results. Inspire Veterinary Partners, Inc. IVP gained 41.3% to $1.15 in pre-market trading after the company announced quarterly results. TeraWulf Inc. WULF rose 30% to $7.10 in pre-market trading after the company announced it signed over 200 MW in 10-year AI hosting agreements with Fluidstack. DLocal Limited DLO jumped 23.6% to $14.46 in pre-market trading after the company reported better-than-expected quarterly revenue results. The Arena Group Holdings, Inc. AREN gained 20.8% to $8.12 in pre-market trading after the company reported better-than-expected quarterly financial results. Gorilla Technology Group Inc. GRRR gained 12% to $19.70 in pre-market trading after the company reported better-than-expected H1 financial results. AIRO Group Holdings, Inc. AIRO jumped 9.7% to $23.86 in pre-market trading following quarterly results.

Losers

Bolt Projects Holdings, Inc. BSLK shares dipped 43.4% to $8.10 in pre-market trading after jumping 557% on Wednesday. Ibotta, Inc. IBTA shares tumbled 32.4% to $22.91 in pre-market trading after the company reported a second-quarter revenue miss and issued third-quarter revenue guidance below estimates. Chanson International Holding CHSN fell 28.1% to $0.0550 in pre-market trading as the company announced an 80-for-1 share consolidation. CaliberCos Inc. CWD fell 26.1% to $1.9000 in pre-market trading following downbeat quarterly results. Coherent Corp. COHR dipped 19.6% to $91.75 in pre-market trading after the company announced it will sell its Aerospace and Defense Business for $400 million. North American Construction Group Ltd. NOA declined 18.5% to $13.65 in pre-market trading after the company reported worse-than-expected second-quarter results. 180 Life Sciences Corp ATNF fell 18.5% to $8.74 in pre-market trading. 180 Life Sciences shares gained over 4% on Wednesday after the company on Tuesday announced it launched an institutional Ethereum accumulation strategy. LG Display Co., Ltd LPL shares fell 10.4% to $4.37 in pre-market trading after gaining 20% on Wednesday. Tapestry, Inc. TPR shares fell 10.6% to $101.51 in pre-market trading after the company reported fourth-quarter results. NetEase, Inc. NTES dipped 6.4% to $126.10 in pre-market trading following second-quarter results.

Now Read This:

Top 2 Tech & Telecom Stocks That May Fall Off A Cliff In Q3

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Loading... Loading... AERT Aeries Technology Inc $1.06 51.4%

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Momentum 16.64 Growth N/A Quality N/A Value 35.98
Price Trend
Short Medium Long Overview AIRO AIRO Group Holdings Inc $23.80 9.48% AREN The Arena Group Holdings Inc $8.00 19.6% ATNF 180 Life Sciences Corp $7.73 -27.8% BSLK Bolt Projects Holdings Inc $8.10 -43.4% CHSN Chanson International Holding $0.0514 -32.8% COHR Coherent Corp $92.25 -19.1% CWD CaliberCos Inc $1.87 -27.2% DLO DLocal Ltd $14.00 19.8% GRRR Gorilla Technology Group Inc $20.10 14.2% IBTA Ibotta Inc $21.88 -35.4% IVP Inspire Veterinary Partners Inc $1.12 37.6% LPL LG Display Co Ltd $4.34 -11.1% NOA North American Construction Group Ltd $13.00 -22.5% NTES NetEase Inc $127.00 -5.86% SNOA Sonoma Pharmaceuticals Inc $6.16 101.8% TPR Tapestry Inc $99.90 -12.0% WULF TeraWulf Inc $7.17 31.3% XOS Xos Inc $4.50 28.9% XPON Expion360 Inc $3.70 182.4% Market News and Data brought to you by Benzinga APIs

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