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Why Rocket Lab Shares Are Trading Higher By Around 29%; Here Are 20 Stocks Moving Premarket

Benzinga·11/13/2024 10:14:05
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Shares of Rocket Lab USA, Inc. (NASDAQ:RKLB) rose sharply in today's pre-market trading after the company reported better-than-expected third-quarter financial results.

The company also announced a multi-launch agreement with a confidential commercial satellite constellation operator and was awarded a federal defense contract worth up to $8 million.

Rocket Lab USA shares jumped 28.7% to $18.86 in the pre-market trading session.

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

Gainers

  • Microvast Holdings, Inc. (NASDAQ:MVST) gained 79.5% to $0.3244 in pre-market trading after the company reported better-than-expected third-quarter financial results.
  • Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC) gained 62.6% to $0.6682 in pre-market trading after the company reported better-than-expected quarterly financial results.
  • Nature’s Miracle Holding Inc. (NASDAQ:NMHI) rose 56% to $0.1337 in pre-market trading. Nature’s Miracle announced the closing of $3.0 million public offering.
  • Dave Inc. (NASDAQ:DAVE) gained 37.3% to $86.21 in pre-market trading after the company reported a profit for the third quarter.
  • Paymentus Holdings, Inc. (NYSE:PAY) climbed 27.8% to $34.02 in pre-market trading following strong earnings and guidance.
  • Kairos Pharma, Ltd. (NYSE:KAPA) gained 26.1% to $2.59 in pre-market trading after jumping 51% on Tuesday.
  • Mullen Automotive, Inc. (NASDAQ:MULN) gained 20.1% to $3.58 in pre-market trading. Mullen Automotive shares jumped 74% on Tuesday after the company announced its Class 1 EV cargo van is listed for vehicle rental on Turo.
  • WM Technology, Inc. (NASDAQ:MAPS) rose 19.9% to $0.8585 in pre-market trading after the company reported better-than-expected third-quarter revenue results and issued fourth-quarter revenue guidance above estimates.
  • Hallador Energy Company (NASDAQ:HNRG) gained 14.2% to $11.93 in pre-market trading following third-quarter earnings.

Losers

  • Syros Pharmaceuticals, Inc. (NASDAQ:SYRS) shares tumbled 81% to $0.5199 in pre-market trading after the company announced its SELECT-MDS-1 Phase 3 trial of tamibarotene did not meet its primary endpoint and has discontinued the study.
  • Spirit Airlines, Inc. (NYSE:SAVE) shares fell 62.4% to $1.21 in pre-market trading after the company failed to file its earnings for the quarter ended September 2024. The discount airline in a filing late Tuesday, said that it is in talks with its creditors to carve out a restructuring plan which could lead to the cancellation of its equity shares.
  • Sidus Space, Inc. (NASDAQ:SIDU) declined 44.8% to $1.24 in pre-market trading after the company priced its $7 million public offering of 5.6 million common shares at $1.25 each.
  • 1847 Holdings LLC (NYSE:EFSH) shares fell 43% to $0.6100 in pre-market trading after dipping 46% on Tuesday.
  • Vroom, Inc. (NASDAQ:VRM) fell 32.8% to $5.96 in pre-market trading following third-quarter results.
  • Nano Labs Ltd  (NASDAQ:NA) dipped 23.3% to $5.90 in pre-market trading after jumping 134% on Tuesday. The company recently said it will start accepting payments in Bitcoin.
  • i-80 Gold Corp. (NYSE:IAUX) fell 21.3% to $0.7150 in pre-market trading after posting third-quarter results.
  • Groupon, Inc. (NASDAQ:GRPN) shares dipped 21.4% to $8.90 in pre-market trading after reporting third-quarter results.
  • Next Technology Holding Inc. (NASDAQ:NXTT) fell 21.2% to $1.60 in today's pre-market trading after jumping over 76% on Tuesday.
  • ZoomInfo Technologies Inc. (NASDAQ:ZI) fell 13.8% to $11.28 in pre-market trading following third-quarter results.

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