Why Urban Outfitters Shares Are Trading Higher By 18%; Here Are 20 Stocks Moving Premarket

Shares of Urban Outfitters, Inc. (NASDAQ:URBN) rose sharply in today's pre-market following better-than-expected first-quarter financial results.

Urban Outfitters reported quarterly earnings of $1.16 per share, which beat the analyst consensus estimate of 82 cents. Quarterly revenue clocked in at $1.33 billion, which beat the Street estimate of $1.28 billion.

Urban Outfitters shares jumped 18% to $70.32 in the pre-market trading session.

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

Gainers

• Navitas Semiconductor Corporation (NASDAQ:NVTS) rose 172.2% to $5.20 in pre-market trading after NVIDIA selected the company to collaborate on 800 V HVDC architecture.
• Longevity Health Holdings, Inc (NASDAQ:XAGE) surged 60.1% to $4.87 in pre-market trading after the company announced it will retain its Nasdaq listing to complete its merger with 20/20 Biolabs.
• AtlasClear Holdings, Inc. (NYSE:ATCH) jumped 23.2% to $0.2487 in pre-market trading after falling 11% on Wednesday.
• Bit Origin Ltd (NASDAQ:BTOG) gained 20.9% to $0.1920 in pre-market trading after declining 9% on Wednesday.
• Nine Energy Service, Inc. (NYSE:NINE) surged 19.7% to $0.6057 in pre-market trading after falling 10% on Wednesday.
• Kindly MD, Inc. (NASDAQ:KDLY) gained 16.9% to $26.69 in pre-market trading. Nakamoto Holdings, Kindly MD, and Anchorage Digital disclosed a strategic partnership to advance the future of corporate Bitcoin adoption.
• Lumen Technologies, Inc. (NYSE:LUMN) climbed 14.6% to $4.37 in pre-market trading after the company announced the sale of its consumer fiber-to-the-home business to AT&T for $5.75 billion in cash.
• Pitney Bowes Inc. (NYSE:PBI) gained 11.4% to $10.14 in pre-market trading after the company reported better-than-expected first-quarter adjusted EPS results.
• Snowflake Inc. (NYSE:SNOW) rose 10.3% to $197.52 in pre-market trading after the company posted better-than-expected earnings and sales results for the first quarter. The company also said it expects second-quarter product revenue in the range of $1.035 billion to $1.04 billion, up approximately 25% year-over-year. The company anticipates full-year product revenue of $4.33 billion, representing 25% year-over-year growth.

Losers

• CEL-SCI Corporation (NYSE:CVM) shares fell 43.7% to $2.54 in pre-market trading after the company reported the pricing of public offering.
• Catheter Precision, Inc. (NYSE:VTAK) fell 18.8% to $0.2450 in pre-market trading. Catheter Precision filed for resale of up to 12.9 million shares of common stock by the selling stockholders.
• Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) fell 16.1% to $0.89 in today's pre-market trading after announcing a 1-for-7 reverse stock split.
• Lottery.com Inc. (NASDAQ:LTRY) shares dipped 15.2% to $1.51 in pre-market trading. Lottery.com shares jumped 135% on Wednesday after the company reported a year-over-year increase in first-quarter EPS results.
• Sunrun Inc. (NASDAQ:RUN) shares tumbled 15.1% to $9.05 in pre-market trading after declining around 8% on Wednesday.
• Digital Ally, Inc. (NASDAQ:DGLY) fell 13.7% to $0.0259 in pre-market trading. Digital Ally shares fell around 17% on Wednesday after the company reported a year-over-year decrease in first-quarter sales results.
• Vast Renewables Limited (NASDAQ:VSTE) dipped 13.6% to $0.1450 in pre-market trading after tumbling 10% on Wednesday.
• Upexi, Inc. (NASDAQ:UPXI) declined 9.5% to $11.56 in pre-market trading after gaining over 29% on Wednesday.
• Manchester United plc (NYSE:MANU) shares fell 6.9% to $13.54 in pre-market trading.
• SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell 5.2% to $18.81 in pre-market trading. GLJ Research analyst Gordon Johnson, on Wednesday, maintained SolarEdge with a Sell and raised the price target from $3.9 to $6.9.

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