Shares of KULR Technology Group, Inc. (NYSE:KULR) rose sharply in pre-market trading after the company reported better-than-expected quarterly financial results.
KULR Technology reported second-quarter revenue of $3.97 million, beating estimates of $3.5 million, according to Benzinga Pro. KULR Technology reported second-quarter earnings of 22 cents per share, beating estimates for a loss of 16 cents per share.
KULR Technology shares jumped 19.3% to $6.29 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- Perfect Moment Ltd. (NYSE:PMNT) climbed 151% to $0.7344 in pre-market trading after the company quarterly financial results.
- Precigen, Inc. (NASDAQ:PGEN) shares gained 56.3% to $2.8899 in pre-market trading after the company announced the FDA has approved PAPZIMEOS. HC Wainwright & Co. raised its price target on the stock from 6 to $8.5.
- Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) gained 47.4% to $0.3915 in pre-market trading after the company reported better-than-expected quarterly financial results.
- Pioneer Power Solutions, Inc. (NASDAQ:PPSI) gained 45.3% to $4.52 in pre-market trading after the company reported a second-quarter EPS beat and issued FY25 sales guidance with its midpoint above estimates.
- Co-Diagnostics, Inc (NASDAQ:CODX) jumped 41.4% to $0.3754 in pre-market trading after the company reported better-than-expected quarterly financial results.
- Vision Marine Technologies Inc. (NASDAQ:VMAR) rose 29.2% to $3.67 in pre-market trading after the company announced the New York State County Supreme Court has formally approved its settlement regarding a legal claim related to certain shareholders.
- Replimune Group, Inc. (NASDAQ:REPL) gained 13.3% to $6.06 in pre-market trading after gaining 5% on Thursday.
- UnitedHealth Group Incorporated (NYSE:UNH) jumped 10% to $298.75 in pre-market trading following disclosure that legendary investors Michael Burry and Warren Buffett have taken significant positions in the healthcare giant.
- Hesai Group (NASDAQ:HSAI) surged 8.4% to $25.28 in pre-market trading after the company reported a year-over-year increase in quarterly financial results. Additionally, the company announced a new lidar design win from Toyota.
Losers
- Origin Materials, Inc. (NASDAQ:ORGN) dipped 36.8% to $0.53 in pre-market trading after the company reported a year-over-year decrease in quarterly sales results.
- Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) tumbled 16.2% to $49.96 in pre-market trading.
- Applied Materials, Inc. (NASDAQ:AMAT) dipped 14.7% to $160.51 in pre-market trading after the company issued weak fourth-quarter guidance.
- Gambling.com Group Limited (NASDAQ:GAMB) shares tumbled 13.4% to $8.98 in pre-market trading after the company reported second-quarter results.
- Globant S.A. (NYSE:GLOB) dipped 11.8% to $68.75 in pre-market trading after the company issued FY25 sales guidance below estimates.
- Sandisk Corporation (NASDAQ:SNDK) declined 11.1% to $41.50 in pre-market trading. Sandisk reported upbeat earnings for its fourth quarter. Sandisk expects fiscal first-quarter revenue to be between $2.1 billion and $2.2 billion, versus estimates of $1.99 billion. The company also guided for first-quarter adjusted earnings of 70 cents to 90 cents per share, versus estimates of 84 cents per share, per Benzinga Pro
- 180 Life Sciences Corp (NASDAQ:ATNF) fell 7.8% to $7.02 in pre-market trading after dipping 29% on Thursday.
- KLA Corporation (NASDAQ:KLAC) shares fell 6.1% to $897.00 in pre-market trading.
- Lam Research Corporation (NASDAQ:LRCX) declined 5.8% to $101.21 in pre-market trading.
- So-Young International Inc. (NASDAQ:SY) shares fell 4.9% to $4.61 in pre-market trading after posting a loss for the second quarter.
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