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Why Bit Digital Shares Are Trading Higher By Around 11%; Here Are 20 Stocks Moving Premarket

Benzinga ·  Aug 20 18:15

Shares ofBit Digital, Inc. (NASDAQ:BTBT) rose sharply in today's pre-market trading after the company reported better-than-expected second-quarter sales results. Also, the company announced a binding term sheet with Boosteroid.

Bit Digital reported quarterly losses of nine cents per share, which missed the analyst consensus estimate of losses of three cents per share. Quarterly revenue came in at $29 million, beating the analyst consensus estimate of $26.09 million by 11.16% and representing a 220.87% increase year-over-year.

Bit Digital shares jumped 11% to $3.32 in pre-market trading.

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

Gainers

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