Why Xos Shares Are Trading Higher By Around 25%; Here Are 20 Stocks Moving Premarket

Shares of Xos, Inc. (NASDAQ:XOS) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and issued FY25 sales guidance with its midpoint above estimates.

Xos reported quarterly loss of 91 cents per share which beat the analyst consensus estimate of loss of $1.06 per share. The company reported quarterly sales of $18.393 million which beat the analyst consensus estimate of $13.105 million.

Xos shares jumped 25.3% to $4.38 in the pre-market trading session.

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

Gainers

• Expion360 Inc. (NASDAQ:XPON) climbed 195.4% to $3.8697 in pre-market trading after the company reported better-than-expected quarterly financial results.
• Sonoma Pharmaceuticals, Inc. (NASDAQ:SNOA) shares gained 99.3% to $6.00 in pre-market trading after the company launched a HOCI-based diaper rash product in 3,600 Walmart stores and online.
• Aeries Technology, Inc (NASDAQ:AERT) gained 54.4% to $1.08 in pre-market trading after the company reported a year-over-year increase in quarterly EPS results.
• Inspire Veterinary Partners, Inc. (NASDAQ:IVP) gained 41.3% to $1.15 in pre-market trading after the company announced quarterly results.
• TeraWulf Inc. (NASDAQ:WULF) rose 30% to $7.10 in pre-market trading after the company announced it signed over 200 MW in 10-year AI hosting agreements with Fluidstack.
• DLocal Limited (NASDAQ:DLO) jumped 23.6% to $14.46 in pre-market trading after the company reported better-than-expected quarterly revenue results.
• The Arena Group Holdings, Inc. (NYSE:AREN) gained 20.8% to $8.12 in pre-market trading after the company reported better-than-expected quarterly financial results.
• Gorilla Technology Group Inc. (NASDAQ:GRRR) gained 12% to $19.70 in pre-market trading after the company reported better-than-expected H1 financial results.
• AIRO Group Holdings, Inc. (NASDAQ:AIRO) jumped 9.7% to $23.86 in pre-market trading following quarterly results.

Losers

• Bolt Projects Holdings, Inc. (NASDAQ:BSLK) shares dipped 43.4% to $8.10 in pre-market trading after jumping 557% on Wednesday.
• Ibotta, Inc. (NYSE:IBTA) shares tumbled 32.4% to $22.91 in pre-market trading after the company reported a second-quarter revenue miss and issued third-quarter revenue guidance below estimates.
• Chanson International Holding (NASDAQ:CHSN) fell 28.1% to $0.0550 in pre-market trading as the company announced an 80-for-1 share consolidation.
• CaliberCos Inc. (NASDAQ:CWD) fell 26.1% to $1.9000 in pre-market trading following downbeat quarterly results.
• Coherent Corp. (NYSE:COHR) dipped 19.6% to $91.75 in pre-market trading after the company announced it will sell its Aerospace and Defense Business for $400 million.
• North American Construction Group Ltd. (NYSE:NOA) declined 18.5% to $13.65 in pre-market trading after the company reported worse-than-expected second-quarter results.
• 180 Life Sciences Corp (NASDAQ:ATNF) fell 18.5% to $8.74 in pre-market trading. 180 Life Sciences shares gained over 4% on Wednesday after the company on Tuesday announced it launched an institutional Ethereum accumulation strategy.
• LG Display Co., Ltd (NYSE:LPL) shares fell 10.4% to $4.37 in pre-market trading after gaining 20% on Wednesday.
• Tapestry, Inc. (NYSE:TPR) shares fell 10.6% to $101.51 in pre-market trading after the company reported fourth-quarter results.
• NetEase, Inc. (NASDAQ:NTES) dipped 6.4% to $126.10 in pre-market trading following second-quarter results.

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