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Why Yum China Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket

Benzinga ·  Nov 4 21:57

Shares of Yum China Holdings Inc (NYSE:YUMC) rose sharply in today's pre-market trading after the company reported better-than-expected third-quarter EPS and revenues.

Revenue increased 5% year over year to $3.07 billion, beating the consensus of $3.05 billion. Adjusted EPS of $0.77 surpassed the street view of $0.68.

Yum China shares rose 8.3% to $48.83 in the pre-market trading session.

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

Gainers

  • Staffing 360 Solutions Inc (NASDAQ:STAF) gained 116.5% to $3.68 in pre-market trading after the company and Atlantic International entered a merger agreement.
  • Nuwellis Inc (NASDAQ:NUWE) rose 69.9% to $2.31 in pre-market trading after the company announced preliminary results for the third quarter.
  • Singular Genomics Systems Inc (NASDAQ:OMIC) shares surged 61.1% to $21.68 in pre-market trading.
  • Vast Renewables Ltd (NASDAQ:VSTE) climbed 55.2% to $7.45 in pre-market trading after jumping 140% on Friday.
  • NLS Pharmaceutics AG (NASDAQ:NLSP) gained 41.5% to $5.11 in pre-market trading after the company announced it entered into a definitive merger agreement with Kadimastem and will issue shares of its common stock for the transaction.
  • Advent Technologies Holdings Inc (NASDAQ:ADN) gained 34.6% to $2.56 in pre-market trading after the company announced its RHyno project secured a €34.5 million grant from the EU Innovation Fund to advance fuel cell and hydrogen technology.
  • Air Transport Services Group Inc. (NASDAQ:ATSG) shares rose 22.9% to $21.39 in pre-market trading after the company agreed to be acquired by Stonepeak for $3.1 billion.
  • Castellum Inc (NYSE:CTM) gained 17.3% to $0.17 in pre-market trading after the company reported a year-over-year increase in third-quarter financial results.

Alarum Technologies Ltd – ADR (NASDAQ:ALAR) gained 16.6% to $14.39 in pre-market trading.

Losers

  • 1847 Holdings LLC (NASDAQ:EFSH) shares tumbled 33.5% to $0.3080 in pre-market trading. 1847 Holdings announced a 1-for-15 reverse split.
  • Edesa Biotech Inc (NASDAQ:EDSA) shares fell 19.7% to $2.57 in pre-market trading.
  • Centrus Energy Corp (NYSE:LEU) dipped 13.8% to $94.30 in pre-market trading after the company announced a proposed private offering of $350 million of convertible senior notes due 2030.
  • TG Therapeutics, Inc. (NASDAQ:TGTX) shares fell 12.6% to $23.50 in pre-market trading after the company reported third-quarter results.
  • Sify Technologies Limited (NASDAQ:SIFY) declined 11.5% to $2.77 in pre-market trading after declining around 5% on Friday.
  • Napco Security Technologies, Inc. (NASDAQ:NSSC) fell 10.6% to $34.50 in today's pre-market trading after the company announced downbeat quarterly results.
  • Constellation Energy Corp (NASDAQ:CEG) shares dipped 8.8% to $235.40 in pre-market trading.
  • Talen Energy Corp (NASDAQ:TLN) fell 8.5% to $159.00 in pre-market trading after the company announced it is evaluating options after FERC rejected the amended Susquehanna Interconnection Service Agreement to increase co-located load capacity at the Susquehanna nuclear power generation facility from 300 megawatts to 480 megawatts.
  • Oklo Inc (NYSE:OKLO) fell 8.4% to $19.85 in pre-market trading after the company reported third-quarter financial results and issued FY24 adjusted EPS guidance below estimates.
  • Capital Southwest Corporation (NASDAQ:CSWC) fell 7.7% to $22.10 in pre-market trading after announcing a proposed convertible notes offering.

Now Read This:

  • Top 3 Energy Stocks That Are Preparing To Pump In November
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