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Why Zscaler Shares Are Trading Higher By Around 18%; Here Are 20 Stocks Moving Premarket

Benzinga ·  May 31 19:44

Shares ofZscaler, Inc. (NASDAQ:ZS) rose sharply in today's pre-market trading after the company reported better-than-expected third-quarter earnings.

Zscaler said third-quarter revenue increased 32% year-over-year to $553.2 million, which beat the consensus estimate of $535.906 million, according to Benzinga Pro. The company reported quarterly adjusted earnings of 88 cents per share, beating analyst estimates of 66 cents per share.

Zscaler shares jumped 17.5% to $184.12 in the pre-market trading session.

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

Gainers

  • Nuburu, Inc. (NYSE:BURU) rose 71.9% to $0.2750 in today's pre-market trading after falling around 12% on...
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