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Why Startup Stocks Are Trading More Than 23% Higher; Here are 20 stocks moving premarket – Upstart Hldgs (NASDAQ:UPST)
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Why Startup Stocks Are Trading More Than 23% Higher; Here are 20 stocks moving premarket – Upstart Hldgs (NASDAQ:UPST)

Shares of Upstart Holdings, Inc. UPST rose sharply in pre-market trading today after the company reported better-than-expected third-quarter financial results.

Upstart reported quarterly losses of seven cents per share, which beat analysts’ consensus estimate of a loss of 15 cents. Quarterly revenue came in at $162.14 million, beating the analyst consensus estimate of $150.22 million and up from revenue of $134.55 million from the same period last year.

Upstart shares rose 23.1% to $68.29 in the pre-market trading session.

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

Winners

  • DevvStream Corp. DEVS rose 370% to $4.85 in pre-market trading after falling about 58% on Thursday.
  • Tivic Health Systems, Inc. TIVC rose 52.8% to $0.4010 in pre-market trading. Tivic Health® Systems will report financial results on Thursday, November 14, after the closing bell.
  • Doximity, Inc DOCUMENTS Shares rose 44.2% to $62.60 in pre-market trading after better-than-expected second-quarter financial results.
  • Li Cycle Holdings Corp. LICIJ gained 41% to $5.09 in pre-market trading after posting positive quarterly results.
  • Northann CorP. NCL rose 37.6% to $0.3089 in pre-market trading, after jumping about 12% on Thursday.
  • Innodata Inc. INOD Shares rose 36.4% to $33.20 in pre-market trading after the company reported better-than-expected third-quarter financial results.
  • Nature’s Miracle Holding Inc. NMHI rose 31.8% to $0.1953 in pre-market trading, after surging more than 52% on Thursday.
  • Five9, Inc. FIVN rose 24.6% to $40.88 in pre-market trading after the company reported better-than-expected third-quarter financial results and issued fiscal year 24 guidance that topped expectations.
  • Lumentum Holdings Inc. LITE rose 24.3% to $91.54 in pre-market trading after the company reported better-than-expected financial results for the first quarter and issued guidance for the second quarter that came above expectations.

Losers

  • ProPhase Labs, Inc. PRPH shares fell 45.4% to $0.7800 in pre-market trading after the company announced pricing for a public offering of common stock.
  • Evolving Health, inc. EVH Shares fell 33.6% to $16.31 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
  • AtlasClear Holdings, Inc. ATCH fell 31.8% to $0.1910 in pre-market trading after surging more than 55% on Thursday.
  • agilon health, inc. AGL Shares fell 29% to $1.98 in pre-market trading after the company reported worse-than-expected quarterly revenue results.
  • Maravai LifeSciences Holdings, Inc. MRVI fell 26.6% to $5.75 in pre-market trading after the company reported worse-than-expected third-quarter financial results and cut fiscal 24 sales guidance.
  • MDJM Ltd MDJH Shares fell 22.4% to $0.1511 in pre-market trading after rising 30% on Thursday.
  • Earlyworks Co., Ltd ELWS fell 17% to $5.60 in pre-market trading after rising more than 10% on Thursday.
  • Sweetgreen, Inc. S.G fell 15% to $35.87 in today’s premarket trading after the company reported worse-than-expected quarterly financial results.
  • Redfin Corporation RDFN fell 14.1% to $9.85 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
  • Wag! Group Co. PET fell 13.8% to $0.5487 in pre-market trading. Wag! will report third quarter 2024 financial results before the opening bell on Wednesday, November 13.

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