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Why Pure Storage Shares Are Trading Higher By Over 10%; Here Are 20 Stocks Moving Premarket

Benzinga ·  May 30 20:10

Shares ofPure Storage, Inc. (NYSE:PSTG) rose sharply in today's pre-market trading following better-than-expected first-quarter financial results.

Pure Storage reported quarterly earnings of 32 cents per share, which beat the analyst consensus estimate of 21 cents. Quarterly sales clocked in at $693.479 million, beating the analyst consensus estimate of $680.972 million, according to data from Benzinga Pro.

Pure Storage shares jumped 10.5% to $69.60 in the pre-market trading session.

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

Gainers

  • Smart for Life, Inc. (NASDAQ:SMFL) rose 60.5% to $6.27 in today's pre-market trading after gaining around 17% on Wednesday...
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