Why Meta Shares Are Trading Higher By Around 6%; Here Are 20 Stocks Moving Premarket

Benzinga · 05/01 09:16
Shares of Meta Platforms, Inc. (NASDAQ:META) rose sharply in pre-market trading after the company posted upbeat results for its first quarter.
The company reported first-quarter earnings of $6.43 per share, easily beating analyst estimates of $5.21 per share. Meta expects second-quarter revenue to be in the range of $42.5 billion to $45.5 billion versus Benzinga Pro estimates of $44.06 billion.
Meta shares jumped 6.1% to $582.50 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- NanoVibronix, Inc. (NASDAQ:NAOV) rose 81.8% to $5.20 in pre-market trading after dipping around 23% on Wednesday.
- LogicMark, Inc. (NASDAQ:LGMK) surged 48.8% to $0.0259 in pre-market trading after gaining over 6% on Wednesday.
- Pineapple Financial Inc. (NYSE:PAPL) gained 27.8% to $0.2750 in pre-market trading.
- E2open Parent Holdings, Inc. (NYSE:ETWO) surged 27.4% to $2.51 in pre-market trading. E2open Parent Holdings shares fell 6% on Wednesday after the company reported worse-than-expected fourth-quarter sales results.
- Interactive Strength Inc. (NASDAQ:TRNR) jumped 19.1% to $0.7695 in pre-market trading after the company issued shareholder update on 2025 developments.
- Alset Inc. (NASDAQ:AEI) gained 9.5% to $1.04 in pre-market trading.
- Microsoft Corporation (NASDAQ:MSFT) rose 8.2% to $427.72 in pre-market trading after the company reported better-than-expected third-quarter financial results.
- Arista Networks Inc (NYSE:ANET) gained 7.7% to $88.61 in pre-market trading.
- Schneider National, Inc. (NYSE:SNDR) gained 7% to $23.00 in pre-market trading.
Losers
- biote Corp. (NASDAQ:BTMD) shares dipped 46% to $1.80 in pre-market trading. biote will provide first quarter financial results after the closing bell on Wednesday, May 7.
- Super Group (SGHC) Limited (NYSE:SGHC) shares fell 23.3% to $6.22 in pre-market trading.
- Coya Therapeutics, Inc. (NASDAQ:COYA) shares fell 20.3% to $5.25 in pre-market trading after gaining 8% on Wednesday.
- NextNav Inc. (NASDAQ:NN) fell 18.5% to $10.12 in pre-market trading.
- Potbelly Corporation (NASDAQ:PBPB) fell 13.6% to $7.00 in pre-market trading. Potbelly will hold a conference call to discuss first quarter results on May 7.
- Vestis Corporation (NYSE:VSTS) shares tumbled 13.2% to $7.60 in pre-market trading. Vestis will report its fiscal second quarter earnings results after the closing bell on Tuesday, May 6.
- Reservoir Media, Inc. (NASDAQ:RSVR) declined 13.2% to $6.51 in pre-market trading.
- Zhengye Biotechnology Holding Limited (NASDAQ:ZYBT) dipped 11.1% to $8.10 in pre-market trading.
- Confluent, Inc. (NASDAQ:CFLT) fell 10.3% to $21.35 in pre-market trading as the company reported first-quarter financial results.
- QUALCOMM Incorporated (NASDAQ:QCOM) fell 5.3% to $140.57 in today's pre-market trading as the company reported second-quarter financial results.
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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.