Why Navan Shares Are Trading Higher By Over 25%; Here Are 20 Stocks Moving Premarket

Benzinga · 3d ago
Shares of Navan Inc (NASDAQ:NAVN) rose sharply in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.
Navan reported fourth-quarter revenue of $177.92 million, beating analyst estimates of $162 million, according to Benzinga Pro. The company reported adjusted earnings of two cents per share for the quarter, beating estimates for a loss of 12 cents per share.
Navan shares jumped 25.7% to $11.50 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- EpicQuest Education Group Internatnl Ltd (NASDAQ:EEIQ) gained 109.8% to $5.73 in pre-market trading after gaining 22% on Wednesday.
- Fitness Champs Holdings Ltd (NASDAQ:FCHL) gained 84.8% to $3.16 in pre-market trading after dipping 42% on Wednesday. According to a Mar. 18 Securities and Exchange Commission filing, FCHL’s board approved the 15-for-1 share consolidation on Feb. 12 to regain compliance with Nasdaq Marketplace Rule 5550(a)(2), which mandates a minimum bid price of $1 per share.
- Olaplex Holdings Inc (NASDAQ:OLPX) gained 50.4% to $2.00 in pre-market trading after the company agreed to a $1.4 billion cash buyout by Henkel at $2.06 per share.
- Southland Holdings Inc (NYSE:SLND) rose 29.4% to $1.71 in pre-market trading. On Wednesday, the company announced receipt of notices to proceed on three projects totaling approximately $118 million through its civil segment subsidiary, Oscar Renda Contracting.
- Precigen Inc (NASDAQ:PGEN) rose 15.3% to $3.57 in pre-market trading after the company reported fourth-quarter results.
- Everbright Digital Holding Ltd (NASDAQ:EDHL) surged 14.2% to $3.79 in pre-market trading after gaining 8% on Wednesday.
- New Found Gold Corp (NYSE:NFGC) gained 7.1% to $1.95 in pre-market trading.
- Nextdecade Corp (NASDAQ:NEXT) rose 7% to $7.85 in pre-market trading.
- Venture Global Inc (NYSE:VG) gained 5% to $17.52 in pre-market trading.
Losers
- Megan Holdings Ltd (NASDAQ:MGN) fell 87% to $0.55 in pre-market trading after dipping 8% on Wednesday.
- Cibus Inc (NASDAQ:CBUS) fell 22.3% to $2.23 in pre-market trading after the company announced a proposed public offering.
- Hub Cyber Security Ltd (NASDAQ:HUBC) tumbled 20.7% to $0.19 in pre-market trading.
- urban-gro Inc (NASDAQ:UGRO) dipped 19.8% to $29.09 in pre-market trading. urban-Gro shares jumped 417% on Wednesday after the company announced it is strategically positioned to capture growth, with T20 cricket franchise valuations exceeding $1.6 billion and global media expansion accelerating.
- MillerKnoll Inc (NASDAQ:MLKN) dipped 19% to $15.70 in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued weak fourth-quarter earnings guidance. Also, the company issued fourth-quarter sales guidance with its midpoint below estimates.
- Artelo Biosciences Inc (NASDAQ:ARTL) shares dipped 18.1% to $3.97 in pre-market trading. Artelo Biosciences expanded ART27.13 development as a potential companion therapy to GLP-1 treatments.
- Next Technology Holding Inc (NASDAQ:NXTT) fell 16.3% to $1.48 in pre-market trading. Next Technology Holding shares jumped 77% on Wednesday after the company announced a $157 million registered direct offering.
- Worthington Steel Inc (NYSE:WS) fell 14.1% to $30.10 in pre-market trading after the company reported weaker-than-expected third-quarter financial results.
- iHeartMedia, Inc. (NASDAQ:IHRT) declined 7.2% to $2.60 in pre-market trading.
- Diana Shipping Inc. (NYSE:DSX) fell 7.2% to $2.29 in pre-market trading.
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.