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Why Credo Technology Group Shares Are Trading Higher By 40%; Here Are 20 Stocks Moving Premarket

Benzinga ·  Dec 3 18:54

Shares of Credo Technology Group Holding Ltd (NASDAQ:CRDO) rose sharply in today's pre-market trading after the company reported better-than-expected second-quarter financial results issued guidance that was above estimates.

Credo Technology Group shares jumped 40.2% to $67.00 in the pre-market trading session.

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

Gainers

  • Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) gained 157% to $4.83 in pre-market trading. Cheetah Net Supply Chain Service expanded operations with acquisition of TW & EW Services.
  • Volato Group, Inc. (NYSE:SOAR) rose 82.2% to $0.4042 in pre-market trading after dipping 15% on Monday.
  • Janux Therapeutics Inc (NASDAQ:JANX) gained 66.3% to $66.82 in pre-market trading after it announced doses selected for its phase 1b expansion trials.
  • Citius Oncology Inc (NASDAQ:CTOR) gained 60.8% to $1.64 in pre-market trading.
  • Shimmick Corporation (NASDAQ:SHIM) gained 30.7% to $3.66 in pre-market trading after the company announced a $4.5 million contract to complete seismic retrofitting and improvements to the Murray street bridge.
  • Serina Therapeutics, Inc. (NYSE:SER) gained 23.2% to $5.85 in pre-market trading as the company revealed a $10 million equity financing with strategic shareholder JuvVentures (UK) Limited.
  • Universe Pharmaceuticals INC (NASDAQ:UPC) gained 23.2% to $2.38 in pre-market trading after gaining 8% on Monday.
  • Nauticus Robotics, Inc. (NASDAQ:KITT) rose 18.8% to $1.33 in pre-market trading after the company announced it completed an Aquanaut Mark 2 Evaluation Agreement with a Global Supermajor Oil & Gas customer.
  • Vir Biotechnology, Inc. (NASDAQ:VIR) gained 14.8% to $9.36 in pre-market trading.

Losers

  • Ocean Power Technologies, Inc. (NASDAQ:OPTT) shares tumbled 40% to $0.4202 in pre-market trading after the company released preliminary financial results for second quarter fiscal 2025.
  • Gelteq Limited (NASDAQ:GELS) shares fell 22.6% to $2.94 in pre-market trading. Gelteq shares jumped 93% on Monday after the company announced Healthy Extracts, its largest customer, increased its initial purchase order of Gelteq collagen and Mynus sugar blocker gels by 50%.
  • Aptorum Group Limited (NASDAQ:APM) fell 18.8% to $0.7002 in pre-market trading after jumping 24% on Monday.
  • Logistic Properties of the Americas (NYSE:LPA) fell 18.3% to $10.70 in pre-market trading after jumping 77% on Monday.
  • Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) shares fell 18% to $0.6111 in pre-market trading after gaining over 60% on Monday.
  • The Lion Electric Company (NYSE:LEV) declined 17.2% to $0.2377 in pre-market trading after gaining 55% on Monday.
  • Safe & Green Holdings Corp. (NASDAQ:SGBX) fell 16.7% to $0.5694 in pre-market trading after gaining around 40% on Monday.
  • First Merchants Corp (NASDAQ:FRME) shares dipped 16.6% to $36.40 in pre-market trading.
  • Meiwu Technology Company Limited (NASDAQ:WNW) fell 12.2% to $0.8601 in today's pre-market trading.
  • Zscaler Inc (NASDAQ:ZS) dipped 7.4% to $192.95 in pre-market trading following first-quarter results.

Now Read This:

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