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Why Deckers Outdoor Shares Are Trading Higher By 12%; Here Are 20 Stocks Moving Premarket
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Shares of Deckers Outdoor Corporation (NYSE:DECK) rose sharply in pre-market trading following better-than-expected first-quarter financial results.

Deckers Outdoor reported quarterly earnings of 93 cents per share, which beat the analyst consensus estimate of 72 cents. Quarterly revenue came in at $964.5 million, which beat the Street estimate of $902.08 million and is up from revenue of $825.35 million from the same period last year.

Deckers Outdoor jumped 11.6% to $117.12 in the pre-market trading session.

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

Gainers

  • Linkhome Holdings Inc. (NASDAQ:LHAI) shares gained 51% to $8.50 in pre-market trading following the company's recent announcement of an upsized initial public offering of $6 million. Consisting of 1,500,000 shares of common stock, the offering was priced at $4 per share.  Before deducting underwriting discounts and offering expenses, the total gross proceeds resulted in $6 million.
  • Eightco Holdings Inc. (NASDAQ:OCTO) rose 38.4% to $1.98 in pre-market trading after declining 7% on Thursday.
  • AEye, Inc. (NASDAQ:LIDR) shares jumped 33.5% to $3.90 in pre-market trading. AEye shares jumped 158% on Thursday after the company announced its Apollo lidar has been integrated by NVIDIA into the DRIVE AGX platform.
  • Garden Stage Limited  (NASDAQ:GSIW) climbed 32.1% to $0.1440 in pre-market trading following the company's recent declaration of entering into a definitive agreement with several investors.
  • NextCure, Inc. (NASDAQ:NXTC) gained 26.6% to $6.44 in pre-market trading after the company presented new preclinical data for NC605.
  • Coursera, Inc. (NYSE:COUR) surged 22.5% to $11.13 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance above estimates.
  • Wellchange Holdings Company Limited (NASDAQ:WCT) surged 21.8% to $0.2513 in pre-market trading.
  • Mixed Martial Arts Group Limited (NYSE:MMA) gained 15.7% to $1.25 in pre-market trading.
  • Comfort Systems USA, Inc. (NYSE:FIX) rose 13.6% to $642.50 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its quarterly dividend from $0.45 to $0.50 per share.

Losers

  • Incannex Healthcare Inc. (NASDAQ:IXHL) dipped 42.1% to $0.9450 in pre-market trading after jumping 61% on Thursday.
  • OceanPal Inc. (NASDAQ:OP) dipped 36.9% to $0.1912 in pre-market trading after tumbling 27% on Thursday.
  • Youxin Technology Ltd (NASDAQ:YAAS) declined 19% to $0.4702 in pre-market trading after gaining 38% on Thursday.
  • Absci Corporation (NASDAQ:ABSI) declined 13.7% to $3.03 in pre-market trading after the company announced the pricing of public offering of common stock.
  • Ten-League International Holdings Limited (NASDAQ:TLIH) fell 13.3% to $1.39 in pre-market trading after dipping over 75% on Thursday.
  • Ocean Power Technologies, Inc. (NYSE:OPTT) fell 12.2% to $0.6626 in pre-market trading after reporting fourth-quarter results.
  • Mercurity Fintech Holding Inc. (NASDAQ:MFH) shares tumbled 12% to $2.70 in pre-market trading after gaining 53% on Thursday.
  • AST SpaceMobile, Inc. (NASDAQ:ASTS) fell 9.2% to $54.56 in pre-market trading after the company announced a $500 million private offering of convertible senior notes.
  • Synovus Financial Corp. (NYSE:SNV) fell 8.3% to $51.88 in pre-market trading. Pinnacle and Synovus announced an $8.6 billion all-stock merger.
  • Intel Corporation (NASDAQ:INTC) shares fell 5.9% to $21.30 in pre-market trading. Intel reported a loss for the second quarter, while sales topped estimates. Intel expects third-quarter revenue to be in the range of $12.6 billion to $13.6 billion, versus estimates of $12.63 billion. The company anticipates a third-quarter loss of 24 cents per share versus estimates for a loss of 18 cents per share. Intel CEO Lip-Bu Tan shared a memo with employees saying that the company will reduce its workforce to 75,000 employees by the end of the year through layoffs and attrition.

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