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Why Keysight Technologies Shares Are Trading Higher By Over 9%; Here Are 20 Stocks Moving Premarket

Benzinga·11/20/2024 10:34:55
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Shares of Keysight Technologies, Inc. (NYSE:KEYS) rose sharply in today's pre-market trading reported better-than-expected earnings for its fourth quarter.

Keysight reported quarterly earnings of $1.65 per share which beat the analyst consensus estimate of $1.57. The company reported quarterly sales of $1.287 billion which beat the analyst consensus estimate of $1.258 billion.

The company said it sees first-quarter revenue of $1.265 billion to $1.285 billion and adjusted earnings of $1.65 to $1.71 per share.

Keysight shares jumped 9.3% to $166.20 in the pre-market trading session.

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

Gainers

  • Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) gained 63.6% to $0.2663 in pre-market trading after jumping 22% on Tuesday.
  • Nauticus Robotics, Inc. (NASDAQ:KITT) rose 59.3% to $1.45 in pre-market trading after the company entered into strategic collaboration with SeaTrepid to integrate and test its ToolKITT software on remotely operated vehicles.
  • Tevogen Bio Holdings Inc. (NASDAQ:TVGN) gained 41.2% to $1.92 in pre-market trading following third-quarter results.
  • Digital Brands Group, Inc. (NASDAQ:DBGI) gained 30.7% to $0.1524 in pre-market trading after jumping around 18% on Tuesday.
  • JX Luxventure Ltd (NASDAQ:JXJT) gained 26.2% to $1.64 in pre-market trading after declining around 12% on Tuesday.
  • KORE Group Holdings, Inc. (NYSE:KORE) gained 25.1% to $2.29 in pre-market trading after the company reported better-than-expected quarterly sales results.
  • Algorhythm Holdings, Inc. (NASDAQ:RIME) gained 23.4% to $0.3150 in pre-market trading after reporting third-quarter results.
  • Hoth Therapeutics, Inc. (NASDAQ:HOTH) climbed 22.2% to $0.9993 in pre-market trading after the company was granted U.S. Patent No. 12,144,815 titled “Use of Aprepitant for Treating Alzheimer’s Disease.”
  • Kingsoft Cloud Holdings Limited (NASDAQ:KC) gained 20.8% to $5.55 in pre-market trading. Kingsoft Cloud, on Tuesday, reported a fiscal third-quarter 2024 revenue of 1.89 billion Chinese yuan ($268.7 million), up by 16.0% year-on-year, beating the analyst consensus estimate of $247.46 million.

Losers

  • PainReform Ltd. (NASDAQ:PRFX) shares tumbled 26.4% to $1.03 in pre-market trading after jumping 162% on Tuesday. The company announced a 1-for-4 reverse stock split.
  • X3 Holdings Co., Ltd. (NASDAQ:XTKG) fell 27.4% to $0.1050 in pre-market trading. XTKG announced a 1-for-20 share consolidation.
  • Solidion Technology Inc. (NASDAQ:STI) shares fell 21.2% to $0.5003 in pre-market trading following third-quarter results.
  • Volato Group, Inc. (NYSE:SOAR) declined 16.7% to $0.3912 in pre-market trading after jumping 123% on Tuesday. Volato Group, on Monday, reported a year-over-year increase in third-quarter financial results.
  • HCW Biologics Inc. (NASDAQ:HCWB) shares fell 16.6% to $0.9180 in pre-market trading after dipping 11% on Tuesday. The company announced a $6.9 million direct offering and private placement.
  • Powell Industries, Inc. (NASDAQ:POWL) dipped 15.4% to $264.00 in pre-market trading after the company reported worse-than-expected fourth-quarter revenue results.
  • Destiny Tech100 Inc. (NASDAQ:DXYZ) shares dipped 13.4% to $39.18 in pre-market trading after jumping 24% on Tuesday.
  • Workhorse Group Inc. (NASDAQ:WKHS) fell 13.1% to $1.06 in pre-market trading after posting quarterly results.
  • Silvercorp Metals Inc. (NYSE:SVM) fell 11.3% to $3.59 in pre-market trading after the company announced a $130 million convertible senior notes offering.
  • QuidelOrtho Corporation (NASDAQ:QDEL) fell 6.7% to $36.01 in today's pre-market trading after the company announced the pricing of secondary offering of common stock by the Carlyle Group.

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