Why Apple Shares Are Trading Higher By 6%; Here Are 20 Stocks Moving Premarket

Avi Kapoor

May 03, 2024

Shares of Apple Inc. (NASDAQ:AAPL) rose sharply in today's pre-market trading after the company reported better reported better-than-expected results for its second quarter.

The company announced a $110-billion stock buyback program and a one-penny-per-share increase in its quarterly dividend.

Apple shares jumped 5.9% to $183.24 in pre-market trading.

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

Gainers

Vaxxinity, Inc. (NASDAQ:VAXX) gained 45.8% to $0.1519 in pre-market trading after falling 9% on Thursday. Vaxxinity recently announced its intention to voluntarily delist and deregister its Class A common stock.
El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) gained 23.1% to $10.59 in pre-market trading after the company reported better-than-expected first-quarter results.
AXT, Inc. (NASDAQ:AXTI) rose 23.8% to $3.75 in today's pre-market trading after the company reported better-than-expected first-quarter financial results.
Jaguar Health, Inc. (NASDAQ:JAGX) jumped 20.7% to $0.3540 in pre-market trading after surging 30% on Thursday.
Ardelyx, Inc. (NASDAQ:ARDX) shares gained 19.2% to $8.09 in pre-market trading after the company reported better-than-expected first-quarter financial results.
OneSpan Inc. (NASDAQ:OSPN) shares gained 18.6% to $13.00 in pre-market trading after the company reported better-than-expected first-quarter adjusted EPS and sales.
Rapid Micro Biosystems Inc (NASDAQ:RPID) shares rose 16.2% to $1.15 in pre-market trading.
The OLB Group, Inc. (NASDAQ:OLB) shares gained 19.8% to $0.5636 in pre-market trading after gaining 12% on Thursday. The company announced its shareholders approve a 1-for-10 reverse split.
Amgen Inc. (NASDAQ:AMGN) shares rose 14.2% to $318.01 in pre-market trading after the company reported better-than-expected first-quarter financial results. Also, the company announced a $50 million milestone payment from Royalty Pharma.

Losers

NanoVibronix, Inc. (NASDAQ:NAOV) fell 44.8% to $0.3988 in pre-market trading after gaining 7% on Thursday.
Sprout Social, Inc. (NASDAQ:SPT) shares declined 25.2% to $36.00 in pre-market trading after the company reported worse-than-expected first-quarter revenue results.
Marin Software Incorporated (NASDAQ:MRIN) fell 19.4% to $2.54 in pre-market trading after the company reported a year-over-year decrease on first-quarter revenue results.
Stem, Inc. (NYSE:STEM) shares fell 18.7% to $1.55 in pre-market trading after the company reported worse-than-expected first-quarter financial results and cut its FY24 revenue guidance.
Terran Orbital Corporation (NYSE:LLAP) shares fell 18.5% to $1.05 in pre-market trading fter Lockheed Martin withdrew its buyout proposal.
Cloudflare, Inc. (NYSE:NET) fell 14% to $76.50 pre-market trading after the company reported first-quarter financial results and issued FY24 revenue guidance below estimates.
Trupanion, Inc. (NASDAQ:TRUP) shares declined 13% to $20.68 in pre-market trading following first-quarter results.
BigBear.ai Holdings, Inc. (NYSE:BBAI) shares fell 12.1% to $1.52 in pre-market trading after the company reported worse-than-expected first-quarter financial results.
Expedia Group, Inc. (NASDAQ:EXPE) shares declined 10.1% to $121.92 in pre-market trading after the company lowered its full-year guidance.
Fortinet, Inc. (NASDAQ:FTNT) fell 8.3% to $59.81 pre-market trading after the company reported its first-quarter financial results.

Now Read This: Investor Sentiment Increases Ahead Of Jobs Report, Dow Jumps Over 300 Points

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