Why Cisco Shares Are Trading Higher By 7%; Here Are 20 Stocks Moving Premarket

Benzinga · 11/13 10:16
Shares of Cisco Systems, Inc. (NASDAQ:CSCO) rose sharply in pre-market trading after the company reported upbeat financial results for the first quarter of fiscal 2026 and raised its fiscal 2026 guidance.
Cisco posted fiscal first-quarter revenue of $14.88 billion, beating analyst estimates of $14.77 billion. The networking equipment maker reported first-quarter adjusted earnings of $1.00 per share, beating analyst estimates of 98 cents per share, according to Benzinga Pro.
Cisco shares jumped 6.9% to $79.05 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- Nuvve Holding Corp. (NASDAQ:NVVE) surged 112% to $0.3312 in pre-market trading after the company announced that NUVVE Japan concluded an aggregation agreement targeting existing stationary storage batteries in Japan.
- Sonder Holdings Inc. (NASDAQ:SOND) gained 64.2% to $0.2792 in pre-market trading after gaining 6% on Wednesday. Sonder Holdings recently announced it will wind down operations and file for Chapter 7 Liquidation after losing the Marriott licensing deal.
- Rubico Inc. (NASDAQ:RUBI) rose 42.4% to $0.2851 in pre-market trading after dipping 14% on Wednesday. Rubico announced successful completion of fleet refinancing.
- Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) surged 32.9% to $6.50 in pre-market trading following third-quarter results.
- Safe & Green Holdings Corp. (NASDAQ:SGBX) gained 27.2% to $3.04 in pre-market trading after jumping 26% on Wednesday.
- Firefly Aerospace Inc. (NASDAQ:FLY) surged 23.8% to $22.66 in pre-market trading after the company reported better-than-expected third-quarter financial results and raised its FY25 sales guidance above estimates.
- Cellebrite DI Ltd. (NASDAQ:CLBT) gained 18.8% to $18.97 in pre-market trading after the company reported better-than-expected quarterly financial results and raised its FY25 sales guidance above estimates.
- VisionSys AI Inc. (NASDAQ:VSA) gained 16.5% to $0.3378 in pre-market trading. VisionSys AI shares dipped 78% on Wednesday after the company announced the pricing of a $12 million registered direct offering.
- Kronos Worldwide, Inc. (NYSE:KRO) rose 7.4% to $5.20 in pre-market trading.
Losers
- Korro Bio, Inc. (NASDAQ:KRRO) tumbled 79.2% to $6.52 in pre-market trading after the company reported quarterly results and announced plans to reduce work force by about a third.
- Ardent Health, Inc. (NYSE:ARDT) declined 30.5% to $9.80 in pre-market trading after the company reported third-quarter earnings below estimates and lowered its FY2025 GAAP EPS guidance.
- UTime Limited (NASDAQ:WTO) fell 27.3% to $0.0218 in pre-market trading after the company announced a 1-for-100 reverse stock split.
- WEBTOON Entertainment Inc. (NASDAQ:WBTN) shares dipped 24.4% to $12.70 in pre-market trading after the company reported mixed third-quarter financial results and issued fourth-quarter sales guidance below estimates.
- Creative Media & Community Trust Corporation (NASDAQ:CMCT) fell 20.4% to $7.50 in pre-market trading. Creative Media & Community Trust shares jumped 96% on Wednesday after the company announced an agreement to sell its lending division to PG FR Holding.
- KinderCare Learning Companies, Inc. (NYSE:KLC) fell 19.3% to $4.03 in pre-market trading after the company reported worse-than-expected third-quarter sales results and cut its FY25 guidance below estimates.
- Stran & Company Inc (NASDAQ:SWAG) fell 16.4% to $2.80 in pre-market trading after reporting third-quarter results.
- Amaze Holdings Inc (NYSE:AMZE) dipped 15.7% to $0.38 in pre-market trading after declining 17% on Wednesday.
- Ibotta Inc (NYSE:IBTA) dipped 17.5% to $27.00 in pre-market trading following third-quarter results.
- Bitdeer Technologies Group (NASDAQ:BTDR) fell 15.2% to $11.82 in pre-market trading after the company announced a $400 million private placement.
Now Read This:
Photo via Shutterstock
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.