Why Applied Materials Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket

Shares of Applied Materials Inc (NASDAQ:AMAT) rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates.

Applied Materials reported fiscal first-quarter revenue of $7.01 billion, beating analyst estimates of $6.87 billion. The chip equipment manufacturer reported first-quarter adjusted earnings of $2.38 per share, beating analyst estimates of $2.20 per share, according to Benzinga Pro.

Applied Materials shares jumped 11.9% to $367.50 in the pre-market trading session.

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

Gainers

• Mint Incorporation Ltd (NASDAQ:MIMI) gained 86.3% to $0.52 in pre-market trading. On Tuesday, the Hong Kong-based company announced a strategic robotics partnership with Rice Robotics Holdings Limited, a developer of fully autonomous indoor delivery and service robots, to develop physical AI solutions across Asia.
• JIADE Ltd (NASDAQ:JDZG) gained 55.1% to $2.62 in pre-market trading after rising 28% on Thursday.
• Haoxin Holdings Ltd (NASDAQ:HXHX) gained 30% to $0.70 in pre-market trading after jumping 36% on Thursday.
• Tri Pointe Homes Inc (NYSE:TPH) rose 26.6% to $46.30 in pre-market trading after Sumitomo Forestry announced plans to acquire the company for $47.00 per share in $4.5 billion all-cash transaction with 29% premium.
• SRx Health Solutions Inc (NYSE:SRXH) gained 24.6% to $0.19 in pre-market trading after surging 15% on Thursday.
• Corsair Gaming Inc (NASDAQ:CRSR) gained 22.4% to $5.61 in pre-market trading after the company reported better-than-expected quarterly financial results.
• Algorhythm Holdings Inc (NASDAQ:RIME) gained 20.4% to $1.30 in pre-market trading after jumping 30% on Thursday. Algorhythm announced that its SemiCab platform enables customers to scale freight volumes by 300% to 400% without increasing operational headcount. SemiCab is an AI-enabled, predictive, and collaborative optimization engine targeted at shippers and carriers.
• Rivian Automotive Inc (NASDAQ:RIVN) rose 18.4% to $16.58 in pre-market trading after the company reported better-than-expected quarterly financial results.
• Roku Inc (NASDAQ:ROKU) gained 13.5% to $94.15 in pre-market trading as the company reported better-than-expected fourth-quarter financial results and issued FY26 sales guidance above estimates.

Losers

• Mega Fortune Co Ltd (NASDAQ:MGRT) dipped 40% to $7.40 in pre-market trading after jumping 112% on Thursday.
• Pinterest Inc (NYSE:PINS) fell 19.5% to $14.95 in pre-market trading after the company reported worse-than-expected fourth-quarter financial results and issued first-quarter sales guidance below estimates.
• Cohu Inc (NASDAQ:COHU) fell 19.5% to $26.39 in pre-market trading after the company reported worse-than-expected quarterly adjusted EPS results.
• Coherus Oncology Inc (NASDAQ:CHRS) dipped 18% to $1.65 in pre-market trading after the company announced pricing of public offering of common stock.
• Singularity Future Technology Ltd (NASDAQ:SGLY) fell 16.4% to $0.34 in pre-market trading after declining 5% on Thursday.
• DraftKings Inc (NASDAQ:DKNG) shares dipped 15.1% to $21.36 in pre-market trading after the company reported fourth-quarter financial results and issued FY26 sales guidance below estimates.
• Vistagen Therapeutics Inc (NASDAQ:VTGN) fell 13.5% to $0.47 in pre-market trading after the company reported worse-than-expected quarterly financial results.
• Greenlane Holdings Inc (NASDAQ:GNLN) tumbled 13.1% to $0.76 in pre-market trading after dipping 4% on Thursday. On Feb. 4, Greenlane Subsidiary Inc., a wholly owned subsidiary of Greenlane Holdings, signed a Token Purchase and Sale Agreement and a Token Lending Agreement with Cayman Islands–based Berachain Operations Corporation, according to a Feb. 9 Securities and Exchange Commission filing.
• Flutter Entertainment PLC (NYSE:FLUT) fell 5.7% to $133.36 in pre-market trading.
• Toast Inc (NYSE:TOST) declined 5.7% to $24.66 in pre-market trading after the company reported fourth-quarter financial results. The company authorized a $500 million increase to its share repurchase program.

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