Shares of Rent the Runway, Inc. (NASDAQ:RENT) rose sharply in today's pre-market trading after the company posted better-than-expected quarterly results.
Rent the Runway reported quarterly losses of 6.58 per share which beat the analyst consensus estimate of $8.35 per share. The company reported quarterly sales of $69.60 million which beat the analyst consensus estimate of $68.70 million.
Rent the Runway shares jumped 16.8% to $7.87 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- Bluejay Diagnostics, Inc. (NASDAQ:BJDX) shares jumped 71.7% to $2.61 in pre-market trading after dipping 15% on Thursday.
- Eyenovia, Inc. (NASDAQ:EYEN) surged 37.9% to $4.33 in pre-market trading after jumping 50% on Thursday.
- The Generation Essentials Group (NYSE:TGE) jumped 31.4% to $13.21 in pre-market trading. The Generation Essentials Group recently announced it completed its busines comibination agreement through the acquisition of Black Spade.
- Cambium Networks Corporation (NASDAQ:CMBM) climbed 25% to $0.4020 in pre-market trading.
- Helius Medical Technologies, Inc. (NASDAQ:HSDT) surged 20.2% to $1.37 in pre-market trading after dipping 65% on Thursday. Helius Medical Technologies announced a $9.1 million public offering.
- OFA Group (NASDAQ:OFAL) rose 18.5% to $3.28 in pre-market trading. OFA Group announced exercise and closing of underwriter’s full over-allotment option in connection with initial public offering.
- Circle Internet Group (NYSE:CRCL) gained 15.2% to $95.47 in pre-market trading after gaining 168% on Thursday.
- Distoken Acquisition Corporation (NASDAQ:DIST) rose 8.5% to $13.02 in pre-market trading.
- Tesla, Inc. (NASDAQ:TSLA) rose 5% to $298.86 in pre-market trading after indications of a possible reconciliation between CEO Elon Musk and President Donald Trump. On Thursday, Tesla's market cap plummeted by a record $152 billion, marking the company's largest market cap loss in history. This decline was attributed to an intensified conflict between Musk and Trump over the latter's "Big Beautiful Bill."
Losers
- Vera Therapeutics, Inc. (NASDAQ:VERA) shares dipped 34.7% to $20.00 in pre-market trading after falling 4% on Thursday.
- lululemon athletica inc. (NASDAQ:LULU) shares fell 20.9% to $261.60 in pre-market trading after the company cut its FY25 GAAP EPS guidance below estimates.
- DocuSign, Inc. (NASDAQ:DOCU) fell 19.2% to $75.10 in pre-market trading. DocuSign posted better-than-expected first-quarter results and announced a $1 billion increase to its share purchase program. Docusign said it sees second-quarter revenue in a range of $777 million to $781 million, versus the $774.75 million estimate. The company raised its fiscal 2026 revenue outlook to a range of $3.15 billion to $3.16 billion, versus the $3.14 billion estimate.
- ZJK Industrial Co., Ltd. (NASDAQ:ZJK) fell 17.2% to $4.47 in pre-market trading after gaining 12% on Thursday.
- Brag House Holdings, Inc. (NASDAQ:TBH) fell 16.7% to $0.7500 in pre-market trading after the company announced it is working to file its delayed Q1 10-Q report.
- Senmiao Technology Limited (NASDAQ:AIHS) shares fell 15.8% to $1.01 in pre-market trading after surging 28% on Thursday.
- PepGen Inc. (NASDAQ:PEPG) declined 15.5% to $1.20 in pre-market trading after falling 6% on Thursday.
- Samsara Inc. (NYSE:IOT) fell 13.5% to $40.90 in today's pre-market trading following first-quarter results.
- ServiceTitan, Inc. (NASDAQ:TTAN) dipped 10.8% to $102.11 in pre-market trading after rge company posted quarterly results.
- iPower Inc. (NASDAQ:IPW) shares tumbled 10.2% to $0.4850 in pre-market trading after gaining 10% on Thursday.
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