Why Intuitive Surgical Shares Are Trading Higher By Around 16%; Here Are 20 Stocks Moving Premarket - ReAlpha Tech (NASDAQ:AIRE), Alector (NASDAQ:ALEC)

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Why Intuitive Surgical Shares Are Trading Higher By Around 16%; Here Are 20 Stocks Moving Premarket - ReAlpha Tech (NASDAQ:AIRE), Alector (NASDAQ:ALEC)

Shares of Intuitive Surgical, Inc. (NASDAQ: ISRG ) rose sharply in pre-market trading after the company reported better-than-expected third-quarter financial results.

Intuitive Surgical reported revenue of $2.51 billion for the third quarter, beating analyst estimates of $2.40 billion, according to Benzinga Pro. The company reported third-quarter adjusted earnings of $2.40 per share, beating analyst estimates of $1.98 per share.

Intuitive Surgical shares jumped 16.3% to $538.70 in the pre-market trading session.

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

Gainers

Beyond Meat, Inc. (NASDAQ: BYND ) gained 82.1% to $6.59 in pre-market trading, continuing its rally following its addition to the Roundhill Meme Stock ETF (NYSE: MEME ). The company's stock jumped 146% on Tuesday. Splash Beverage Group, Inc. (NASDAQ: SBEV ) surged 48.4% to $2.82 in pre-market trading. reAlpha Tech Corp. (NASDAQ: AIRE ) surged 42.9% to $1.04 in pre-market trading after jumping 61% on Tuesday. AiRWA Inc. (NASDAQ: YYAI ) rose 37.2% to $0.1110 in pre-market trading after dipping 19% on Tuesday. Beneficient (NASDAQ: BENF ) gained 37.2% to $0.67 in pre-market trading following the announcement that Chairman Thomas O. Hicks and Interim CEO James G. Silk converted preferred shares into common stock. WORK Medical Technology Group LTD (NASDAQ: WOK ) surged 25.5% to $4.92 in pre-market trading. Work Medical Technology Group announced on Tuesday that it reached an investment agreement with Neologics Bioscience Inc., a Delaware-based medical tech firm focused on integrating AI and medicine. Vicor Corporation (NASDAQ: VICR ) gained 18.4% to $77.90 in pre-market trading after the company announced better-than-expected third-quarter results. Krispy Kreme, Inc. (NASDAQ: DNUT ) rose 18.2% to $4.39 in pre-market trading after gaining 14% on Tuesday. Pegasystems Inc. (NASDAQ: PEGA ) rose 12.4% to $64.60 in pre-market trading after the company reported better-than-expected quarterly financial results.

Losers

Alector, Inc. (NASDAQ: ALEC ) tumbled 57.6% to $1.36 in pre-market trading after the company announced it will discontinue the open-label extension for Latozinemab and reduce its workforce by about 49%. Atomera Incorporated (NASDAQ: ATOM ) declined 47.3% to $2.24 in pre-market trading. Atomera will announce third quarter financial results on Tuesday, Oct. 28. Emerson Radio Corp. (NYSE: MSN ) fell 32.7% to $0.5141 in pre-market trading after jumping more than 59% on Tuesday. AlphaVest Acquisition Corp (NASDAQ: ATMV ) shares dipped 29.4% to $9.51 in pre-market trading after jumping 62% on Tuesday. Newegg Commerce, Inc. (NASDAQ: NEGG ) fell 22.6% to $38.70 in pre-market trading after declining 5% on Tuesday. rYojbaba Co., Ltd. (NASDAQ: RYOJ ) fell 21.2% to $17.12 in pre-market trading after gaining 140% on Tuesday. Terns Pharmaceuticals, Inc. (NASDAQ: TERN ) dipped 13.3% to $7.00 in pre-market trading after CEO Amy Burroughs said that the Phase 2 topline 12-week results for TERN-601 did not meet the threshold for a truly differentiated oral GLP-1RA therapy and will likely preclude further development. RedHill Biopharma Ltd. (NASDAQ: RDHL ) fell 12.8% to $1.57 in pre-market trading after gaining 4% on Tuesday. Critical Metals Corp. (NASDAQ: CRML ) dipped 11.3% to $14.44 in pre-market trading. Critical Metals shares fell 17% on Tuesday after the company announced an offering of 18.03 million shares. Netflix, Inc. (NASDAQ: NFLX ) fell 6.9% to $1,156.00 in pre-market trading as the company reported downbeat third-quarter financial results Tuesday after market close.

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Loading... Loading... AIRE ReAlpha Tech Corp $1.15 57.4% Overview ALEC Alector Inc $1.35 -57.9% ATMV AlphaVest Acquisition Corp $9.58 -29.0% ATOM Atomera Inc $2.34 -44.9% BENF Beneficient $0.6545 34.4% BYND Beyond Meat Inc $7.75 114.1% CRML Critical Metals Corp $14.60 -10.3% DNUT Krispy Kreme Inc $4.38 18.1% ISRG Intuitive Surgical Inc $537.00 16.1% MEME Roundhill ETF Trust Roundhill Meme Stock ETF $10.28 7.31% MSN Emerson Radio Corp $0.5279 -31.0% NEGG Newegg Commerce Inc $38.55 -23.2% NFLX Netflix Inc $1157.95 -6.72% PEGA Pegasystems Inc $64.11 12.4% RDHL Redhill Biopharma Ltd $1.55 -13.9% RYOJ rYojbaba Co Ltd $7.05 -22.7% SBEV Splash Beverage Group Inc $2.43 28.6% TERN Terns Pharmaceuticals Inc $6.46 -20.4% VICR Vicor Corp $80.25 22.0% WOK WORK Medical Technology Group Ltd $4.90 25.0% YYAI Airwa Inc $0.1088 34.5% Market News and Data brought to you by Benzinga APIs

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