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Benzinga
Benzinga
Business
Avi Kapoor

Why Nutanix Shares Are Trading Higher By 9%; Here Are 20 Stocks Moving Premarket

Shares of Nutanix, Inc. (NASDAQ:NTNX) rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter financial results.

Nutanix reported quarterly earnings of 42 cents per share which beat the analyst consensus estimate of 31 cents per share. The company reported quarterly sales of $590.96 million which beat the analyst consensus estimate of $571.78 million.

Nutanix shares jumped 8.8% to $78.71 in the pre-market trading session.

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

Gainers

  • HWH International Inc. (NASDAQ:HWH) gained 82.1% to $1.12 in pre-market trading.
  • Cyclerion Therapeutics, Inc.  (NASDAQ:CYCN) rose 72.8% to $2.35 in pre-market trading.
  • Infobird Co., Ltd (NASDAQ:IFBD) gained 56% to $2.87 in pre-market trading after declining around 6% on Tuesday.
  • T Stamp Inc. (NASDAQ:IDAI) gained 39.7% to $0.51 in pre-market trading after jumping around 103% on Tuesday.
  • Quantum Corporation (NASDAQ:QMCO) climbed 24.8% to $21.50 in pre-market trading after dipping more than 20% on Tuesday.
  • Ambarella, Inc. (NASDAQ:AMBA) gained 24.3% to $85.00 in pre-market trading after the company reported better-than-expected third-quarter financial results.
  • Creative Media & Community Trust Corporation (NASDAQ:CMCT) gained 15% to $0.2767 in pre-market trading.
  • Creative Global Technology Holdings (NASDAQ:CGTL) gained 13.6% to $4.44 in pre-market trading. Creative Global Technology priced its IPO at $4 per share.   
  • Rigetti Computing, Inc. (NASDAQ:RGTI) gained 10.9% to $2.44 in pre-market trading after dipping 20% on Tuesday. The company announced a registered direct offering of 50 million shares at $2 per unit.

Losers

  • Primega Group Holdings Limited (NASDAQ:PGHL) shares tumbled 89.2% to $11.65 in pre-market trading after surging 919% on Tuesday.
  • CIMG Inc. (NASDAQ:IMG) shares fell 24.4% to $1.21 in pre-market trading after jumping 154% on Tuesday.
  • Grifols, S.A. (NASDAQ:GRFS) shares fell 17.7% to $7.18 in pre-market trading.
  • Blue Star Foods Corp. (NASDAQ:BSFC) fell 15.6% to $0.3120 in pre-market trading. Blue Star Foods shares jumped 55% on Tuesday after the company announced a $1.5 million buyback program.
  • 3D Systems Corporation (NYSE:DDD) fell 15% to $2.90 in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued FY24 revenue guidance below estimates.
  • Citius Pharmaceuticals, Inc. (NASDAQ:CTXR) declined 14.2% to $3.56 in pre-market trading after surging 24% on Tuesday.
  • Dell Technologies Inc. (NYSE:DELL) fell 13.1% to $123.24 in today's pre-market trading. Dell reported better-than-expected earnings for its third quarter, while sales missed estimates.
  • Guess?, Inc. (NYSE:GES) fell 12.7% to $15.13 in pre-market trading after the company reported a year-over-year decrease in third-quarter adjusted EPS results.
  • Workday, Inc. (NASDAQ:WDAY) shares dipped 10.1% to $242.95 in pre-market trading after the company revised its FY25 subscription revenue guidance.
  • HP Inc. (NYSE:HPQ) dipped 8.7% to $35.69 in pre-market trading. HP reported in-line earnings for its fourth quarter, while sales topped estimates. HP said it expects first-quarter adjusted earnings of between 70 cents and 76 cents per share, versus the 85 cent estimate, and fiscal 2025 earnings of between $3.45 and $3.75 per share, versus the $3.60 estimate.

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