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Why Oracle Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket
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Shares of Oracle Corporation (NYSE:ORCL) rose sharply in today's pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued upbeat outlook commentary.

The company reported fourth-quarter revenue of $15.9 billion, beating analyst estimates of $15.58 billion. The company reported fourth-quarter adjusted earnings of $1.70 per share, beating analyst estimates of $1.64 per share, according to Benzinga Pro.

Oracle shares jumped 7.6% to $189.99 in the pre-market trading session.

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

Gainers

  • Healthcare Triangle, Inc. (NASDAQ:HCTI) surged 141.3% to $0.0222 in pre-market trading after gaining 28% on Wednesday.
  • Greenlane Holdings, Inc. (NASDAQ:GNLN) shares jumped 78% to $0.0137 in pre-market trading after adding 8% on Wednesday.
  • Creative Global Technology Holdings Limited (NASDAQ:CGTL) jumped 73.4% to $1.60 in pre-market trading.
  • Graphjet Technology (NASDAQ:GTI) gained 26.6% to $0.0814 in pre-market trading. Graphjet Technology, on June 11, submitted appeal to the Nasdaq Requesting hearing before Hearings Panel.
  • Zhongchao Inc. (NASDAQ:ZCMD) climbed 24.1% to $1.29 in pre-market trading after dipping 22% on Wednesday.
  • Houston American Energy Corp. (NYSE:HUSA) rose 22.2% to $6.65 in pre-market trading after jumping 24% on Wednesday.
  • Liminatus Pharma, Inc. (NASDAQ:LIMN) rose 21.8% to $13.53 in pre-market trading after dipping 50% on Wednesday.
  • Applied Optoelectronics, Inc. (NASDAQ:AAOI) surged 14.7% to $18.70 in pre-market trading after the company announced the first volume shipment of data center transceivers to a hyperscale customer.
  • Solid Power, Inc. (NASDAQ:SLDP) gained 13.4% to $2.12 in pre-market trading after jumping 15% on Wednesday.

Losers

  • Intensity Therapeutics, Inc. (NASDAQ:INTS) shares tumbled 47.7% to $0.3020 in pre-market trading after the company announced a proposed public offering.
  • Helius Medical Technologies, Inc. (NASDAQ:HSDT) dipped 42.5% to $0.6397 in pre-market trading. Helius Medical Technologies shares gained 31% on Wednesday after the company announced an authorized claim for payment for the PoNS Device from Aetna Healthcare.
  • Catheter Precision, Inc. (NASDAQ:VTAK) shares fell 30.2% to $0.4223 in pre-market trading after jumping 165% on Wednesday.
  • Jupiter Neurosciences, Inc. (NASDAQ:JUNS) declined 19.6% to $1.60 in pre-market trading after jumping 106% on Wednesday.
  • Hycroft Mining Holding Corporation (NASDAQ:HYMC) declined 19.5% to $3.43 in pre-market trading after the company announced a $40 million public offering of units.
  • Distoken Acquisition Corporation (NASDAQ:DIST) fell 18.8% to $16.00 in pre-market trading after jumping 64% on Wednesday.
  • Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) dipped 17% to $31.32 in pre-market trading. Tonix Pharmaceuticals may sell up to $150 million in common stock.
  • 707 Cayman Holdings Limited (NASDAQ:JEM) declined 17% to $5.76 in pre-market trading after jumping 73% on Wednesday.
  • GameStop Corp. (NYSE:GME) fell 12.4% to $24.97 in pre-market trading after the company announced a $1.75 billion proposed private offering of convertible senior notes.
  • Oxford Industries, Inc. (NYSE:OXM) fell 10.1% to $44.99 in pre-market trading. Oxford Industries reported in-line earnings for the first quarter and issued second-quarter earnings guidance below estimates.

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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.
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