Why Playboy Shares Are Trading Higher By Over 12%; Here Are 20 Stocks Moving Premarket

Shares of Playboy Inc (NASDAQ:PLBY) rose sharply in pre-market trading after the company reported better-than-expected fourth-quarter financial results.

Playboy reported quarterly earnings of three cents per share, which beat the consensus estimate of one cent. Quarterly revenue came in at $34.91 million, which beat the Street estimate of $33.52 million and was up from $33.49 million in the same period last year.

Playboy shares jumped 12.4% to $1.99 in the pre-market trading session.

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

Gainers

• Praetorian Acquisition Corp. (NASDAQ:PTOR) surged 114.2% to $21.11 in pre-market trading.
• Lunai Bioworks Inc (NASDAQ:LNAI) gained 49.3% to $0.32 in pre-market trading after surging 15% on Monday.
• Aeye Inc (NASDAQ:LIDR) gained 40.8% to $2.18 in pre-market trading after the company reported better-than-expected fourth-quarter financial results.
• iSpecimen Inc (NASDAQ:ISPC) gained 22.1% to $0.24 in pre-market trading after falling more than 30% on Monday.
• Meiwu Technology Co Ltd (NASDAQ:WNW) gained 18.6% to $2.55 in pre-market trading. Meiwu Technology shares jumped over 19% on Monday after the company announced the introduction of strategic AI insights as part of its ongoing efforts to enhance research collaboration and operational efficiency across its functional skincare business.
• Coffee Holding Co., Inc. (NASDAQ:JVA) gained 12% to $3.55 in pre-market trading after the company reported a year-over-year increase in first-quarter financial results.
• New Era Energy & Digital Inc (NASDAQ:NUAI) rose 9.6% to $6.09 in pre-market trading. New Era Energy & Digital named Ted Warner as CFO, effective immediately.
• Xilio Therapeutics Inc (NASDAQ:XLO) gained 6.6% to $8.16 in pre-market trading after gaining 7% on Monday.
• Babcock & Wilcox Enterprises Inc (NYSE:BW) surged 6.8% to $12.54 in pre-market trading after gaining around 12% on Monday.

Losers

• Peraso Inc (NASDAQ:PRSO) tumbled 34.2% to $1.23 in pre-market trading after the company reported mixed fourth-quarter financial results.
• Dragonfly Energy Holdings Corp (NASDAQ:DFLI) dipped 24.4% to $2.21 in pre-market trading after the company reported worse-than-expected fourth-quarter adjusted EPS results and issued first-quarter sales guidance below estimates.
• LENSAR Inc (NASDAQ:LNSR) fell 23.4% to $7.81 in pre-market trading after the company announced that it reached an agreement with Alcon Research to terminate the merger agreement between the parties.
• Microvast Holdings Inc (NASDAQ:MVST) fell 22.9% to $1.78 in pre-market trading after reporting weak quarterly results.
• Hf Foods Group Inc (NASDAQ:HFFG) fell 22% to $1.60 in pre-market trading after the company reported worse-than-expected fourth-quarter financial results.
• Paranovus Entertainment Technology Ltd (NASDAQ:PAVS) declined 16.1% to $0.40 in pre-market trading after dipping over 70% on Monday.
• Tianci International Inc (NASDAQ:CIIT) dipped 15.7% to $0.27 in pre-market trading after gaining 7% on Monday.
• Rhythm Pharmaceuticals Inc (NASDAQ:RYTM) fell 5% to $86.00 in pre-market trading after the company announced topline results from its Phase 3 EMANATE trial missed its primary endpoints.
• GDS Holdings Ltd – ADR (NASDAQ:GDS) fell 5% to $41.00 in pre-market trading.
• HUYA Inc – ADR (NYSE:HUYA) shares dipped 4.1% to $3.32 in pre-market trading as the company posted weak quarterly results.

Photo via Shutterstock