Why Porch Group Shares Are Trading Higher By Over 21%; Here Are 20 Stocks Moving Premarket - AvidXchange Holdings (NASDAQ:AVDX), AIFU (NASDAQ:AIFU)

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Why Porch Group Shares Are Trading Higher By Over 21%; Here Are 20 Stocks Moving Premarket - AvidXchange Holdings (NASDAQ:AVDX), AIFU (NASDAQ:AIFU)

Shares of Porch Group, Inc. PRCH rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter financial results and raised its FY25 sales guidance above estimates .

Porch Group reported quarterly earnings of 8 cents per share which beat the analyst consensus estimate of a loss of 12 cents per share. The company reported quarterly sales of $104.75 million which beat the analyst consensus estimate of $79.44 million.

Porch Group shares jumped 21.4% to $7.70 in pre-market trading

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

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Gainers

Magic Empire Global Limited MEGL rose 77.3% to $2.11 in pre-market trading. CN Energy Group. Inc. CNEY surged 68.4% to $0.2730 in pre-market trading after jumping around 8% on Tuesday. NetClass Technology Inc NTCL gained 51.5% to $50.00 in pre-market trading after jumping over 162% on Tuesday. Freight Technologies, Inc. FRGT jumped 29.7% to $1.79 in pre-market trading after falling 5% on Tuesday. IT Tech Packaging, Inc. ITP gained 28.3% to $0.3280 in pre-market trading. CuriosityStream Inc. CURI surged 24.2% to $4.10 in pre-market trading after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance above estimates. AvidXchange Holdings, Inc. AVDX gained 19.3% to $9.78 in pre-market trading after the company announced it entered into a definitive agreement to be acquired by TPG in partnership with Corpay for a valuation of $2.2 billion. Cantor Equity Partners, Inc. CEP climbed 18% to $34.57 in pre-market trading after dipping 14% on Tuesday. Novo Nordisk A/S NVO gained 7.9% to $71.50 in pre-market trading following first-quarter earnings.

Losers

Vast Renewables Limited VSTE shares dipped 62.5% to $0.1402 in pre-market trading after the company announced it voluntarily delisted from the Nasdaq. WW International, Inc. WW shares fell 46.8% to $0.42 in pre-market trading after the company missed its first-quarter adjusted EPS estimate and announced it will not be providing FY25 guidance. FOXO Technologies Inc. FOXO shares fell 37.8% to $1.00 in pre-market trading. FOXO Technologies shares jumped 153% on Tuesday after the company announced that its Myrtle recovery centers subsidiary has seen over 400 patients since August 2023. Vestis Corporation VSTS fell 25.7% to $6.47 in pre-market trading after the company reported worse-than-expected quarterly financial results. AIFU Inc. AIFU declined 23.6% to $0.1719 in pre-market trading after jumping 82% on Tuesday. Sarepta Therapeutics, Inc. SRPT shares tumbled 20.6% to $37.10 in pre-market trading after the company reported a first-quarter adjusted EPS miss. Upstart Holdings, Inc. UPST fell 16.2% to $43.09 in pre-market trading after the company issued second-quarter sales guidance below estimates. Lixiang Education Holding Co., Ltd. LXEH dipped 14.1% to $3.00 in pre-market trading after jumping 69% on Tuesday. Revolve Group, Inc. RVLV fell 10.8% to $16.90 in today's pre-market trading after the company reported downbeat quarterly sales. RXO, Inc. RXO fell 7.6% to $12.70 in pre-market trading.

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Momentum - Growth - Quality - Value 99.94
Price Trend
Short Medium Long Overview AVDX AvidXchange Holdings Inc $9.72 18.5% CEP Cantor Equity Partners Inc $34.40 17.4% CNEY CN Energy Group Inc $0.2721 68.0% CURI CuriosityStream Inc $4.08 23.6% FOXO FOXO Technologies Inc $0.9987 -38.0% FRGT Freight Technologies Inc $1.75 26.4% ITP IT Tech Packaging Inc $0.3280 28.5% LXEH Lixiang Education Holding Co Ltd $2.80 -19.8% MEGL Magic Empire Global Ltd $2.19 85.6% NTCL Netclass Technology Inc $52.00 57.6% NVO Novo Nordisk AS $71.43 7.75% PRCH Porch Group Inc $7.62 20.2% RVLV Revolve Group Inc $16.90 -10.8% RXO RXO Inc $12.00 -12.8% SRPT Sarepta Therapeutics Inc $37.19 -20.4% UPST Upstart Holdings Inc $43.06 -16.2% VSTE Vast Renewables Ltd $0.1402 -61.6% VSTS Vestis Corp $6.40 -26.5% WW WW International Inc $0.4257 -46.1% Market News and Data brought to you by Benzinga APIs

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