Shares of Lyft, Inc. (NASDAQ:LYFT) rose sharply in today's pre-market trading after the company reported better-than-expected quarterly results.
Lyft reported quarterly losses of three cents per share which beat the analyst consensus estimate for losses of four cents. Quarterly revenue came in at $1.52 billion which beat the analyst consensus estimate of $1.44 billion and is an increase over sales of $1.15 billion from the same period last year.
Lyft shares rose 21.5% to $17.49 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- AtlasClear Holdings, Inc. (NYSE:ATCH) gained 89.6% to $0.3412 in pre-market trading after gaining around 13% on Wednesday.
- Interactive Strength Inc. (NASDAQ:TRNR) rose 81.5% to $0.1650 in pre-market trading. Interactive Strength will release third quarter results before the market opens on Thursday, Nov. 14.
- MDJM Ltd (NASDAQ:MDJH) shares surged 49.7% to $0.2252 in pre-market trading after declining around 6% on Wednesday.
- Ensysce Biosciences, Inc. (NASDAQ:ENSC) gained 32.6% to $0.7305 in pre-market trading after gaining 5% on Wednesday.
- AppLovin Corporation (NASDAQ:APP) climbed 27.5% to $214.84 in pre-market trading after the company reported better-than-expected third-quarter financial results.
- Laird Superfood, Inc. (NYSE:LSF) shares rose 22% to $8.99 in pre-market trading after the company reported better-than-expected third-quarter financial results.
- Emergent BioSolutions Inc. (NYSE:EBS) gained 19.8% to $11.03 in pre-market trading after posting strong quarterly earnings.
- Freshworks Inc. (NASDAQ:FRSH) gained 17.7% to $15.40 in pre-market trading following better-than-expected quarterly earnings.
- The Oncology Institute, Inc (NASDAQ:TOI) gained 17.6% to $0.3469 in pre-market trading. The Oncology Institute will release its third quarter financial results after the market close on Wednesday, Nov. 13.
- Dutch Bros Inc. (NYSE:BROS) gained 15.8% to $40.49 in pre-market trading following strong quarterly results.
Losers
- Digital Turbine, Inc. (NASDAQ:APPS) shares tumbled 41.1% to $1.91 in pre-market trading after reporting downbeat quarterly results.
- FOXO Technologies Inc. (NASDAQ:FOXO) shares fell 32% to $0.5321 in pre-market trading after surging 475% on Wednesday.
- Cardlytics, Inc. (NASDAQ:CDLX) dipped 31.9% to $3.55 in pre-market trading following third-quarter results.
- Wolfspeed, Inc. (NYSE:WOLF) shares fell 24.5% to $10.35 in pre-market trading after the company reported third-quarter financial results.
- SolarEdge Technologies, Inc. (NASDAQ:SEDG) declined 19% to $11.89 in pre-market trading following third-quarter results.
- Burford Capital Limited (NYSE:BUR) shares dipped 16.4% to $12.21 in pre-market trading. Burford Capital will release its financial results for the three and nine months ended Sept. 30, on Thursday, Nov. 7.
- ARB IOT Group Limited (NASDAQ:ARBB) fell 15.4% to $0.6879 in pre-market trading after surging 44% on Wednesday.
- Corsair Gaming Inc (NASDAQ:CRSR) fell 14.1% to $6.12 in today's pre-market trading after the company reported worse-than-expected financial results.
- Match Group, Inc. (NASDAQ:MTCH) fell 12.8% to $33.00 in pre-market trading following mixed third-quarter financial results.
- Sutro Biopharma, Inc. (NASDAQ:STRO) fell 11.6% to $3.66 in pre-market trading after gaining around 8% on Wednesday.
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