Why Groupon Shares Are Trading Higher By Around 28%; Here Are 20 Stocks Moving Premarket

Shares of Groupon, Inc. (NASDAQ:GRPN) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance.

Groupon reported quarterly earnings of 25 cents per share which beat the analyst consensus estimate of a loss of 1 cent per share. The company reported quarterly sales of $125.702 million which beat the analyst consensus estimate of $122.456 million.

Groupon shares jumped 27.7% to $39.19 in the pre-market trading session.

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

Gainers

• CIMG Inc. (NASDAQ:IMG) shares gained 69.5% to $0.3390 in pre-market trading after the company announced that its subsidiary Shanghai Huomao Cultural Development Co., Ltd. has officially launched its premium Maotai-style liquor, Huomao Jiangxiang Baijiu, on major Chinese e-commerce platforms. The company also revealed it has initiated global partnership recruitment and appointed brand ambassadors in several countries such as Singapore, Kazakhstan, Japan, Germany and Italy.
• FOXO Technologies Inc. (NYSE:FOXO) climbed 39% to $0.1740 in pre-market trading after dipping 12% on Wednesday. FOXO Technologies executed a non-binding agreement to acquire 87-unit assisted living facility in South Florida for $22 million.
• Outset Medical, Inc. (NASDAQ:OM) shares jumped 33.5% to $17.60 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance with its midpoint above estimates.
• Montrose Environmental Group, Inc. (NYSE:MEG) gained 30.1% to $29.39 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance above estimates.
• Smart Powerr Corp. (NASDAQ:CREG) rose 29.7% to $2.01 in pre-market trading following the company's recent announcement of regaining compliance with the NASDAQ Capital Market's minimum bid price requirement.
• Tutor Perini Corporation (NYSE:TPC) gained 22.9% to $58.09 in pre-market trading after the company reported better-than-expected quarterly financial results and raised its FY25 EPS guidance.
• Duolingo, Inc. (NASDAQ:DUOL) gained 22.6% to $421.97 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance above estimates.
• Aris Water Solutions, Inc. (NYSE:ARIS) rose 21.7% to $24.26 in pre-market trading after the company announced it will be acquired by Western Midstream Partners for $1.5 billion.
• Sunrun Inc. (NASDAQ:RUN) gained 21.4% to $11.01 in pre-market trading after the company reported better-than-expected second-quarter financial results.

Losers

• Redwire Corporation (NYSE:RDW) dipped 22.8% to $10.55 in pre-market trading after the company reported worse-than-expected second-quarter financial results and cut its FY25 sales guidance.
• Tandem Diabetes Care, Inc. (NASDAQ:TNDM) declined 22.1% to $11.50 in pre-market trading after the company reported mixed second-quarter financial results and narrowed its FY25 sales guidance below estimates.
• Fortinet, Inc. (NASDAQ:FTNT) fell 19% to $78.29 in pre-market trading following the release of its second-quarter financial results.
• Symbotic Inc. (NASDAQ:SYM) dipped 16.5% to $52.50 in pre-market trading after the company reported a third-quarter EPS miss and issued fourth-quarter sales guidance below estimates.
• Sana Biotechnology, Inc. (NASDAQ:SANA) fell 16.1% to $3.56 in pre-market trading. Sana Biotechnology priced its public offering at $3.35 per share.
• TSS, Inc. (NASDAQ:TSSI) fell 16% to $24.15 in pre-market trading after the company reported second-quarter results.
• Astronics Corporation (NASDAQ:ATRO) declined 15.5% to $29.81 in pre-market trading after the company reported mixed second-quarter financial results.
• Exact Sciences Corporation (NASDAQ:EXAS) shares fell 15.4% to $39.68 in pre-market trading following the release of its second-quarter financial results.
• ADMA Biologics Inc (NASDAQ:ADMA) shares tumbled 11% to $16.50 in pre-market trading after the company reported worse-than-expected second-quarter revenue results and issued FY26 revenue guidance below estimates.
• elf Beauty Inc (NYSE:ELF) fell 11% to $98.30 in pre-market trading after the company reported quarterly results.

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