Why Upstart Shares Trade Higher by Over 23%; Here Are 20 Stocks Moving Premarket – Upstart Hldgs (NASDAQ:UPST)

Shares of Upstart Holdings, Inc. SETUP rose sharply in premarket trading today after the company reported better-than-expected third-quarter financial results.

Upstart reported a quarterly loss of seven cents per share, which beat analysts’ consensus estimate of a loss of 15 cents. Quarterly revenue came in at $162.14 million, beating analysts’ consensus estimates of $150.22 million and up from sales of $134.55 million in the same period last year.

Upstart shares rose 23.1% to $68.29 in the premarket trading session.

Here are some other stocks moving in premarket trading.

Winners

• DevvStream Corp. DEVS rose 370% to $4.85 in premarket trading after falling about 58% on Thursday.
• Tivic Health Systems, Incc. TIVC rose 52.8% to $0.4010 in premarket trading. Tivic Health® Systems will report financial results on Thursday, November 14th after the closing bell.
• Doximity, Inc DOCS shares rose 44.2% to $62.60 in premarket trading after better-than-expected second-quarter financial results.
• Li-Cycle Holdings Corp. LICY rose 41% to $5.09 in premarket trading after posting positive quarterly results.
• Northann Corp. NCL climbed 37.6% to $0.3089 in premarket trading after jumping about 12% on Thursday.
• Innodata Inc. INOD shares rose 36.4% to $33.20 in premarket trading after the company reported better-than-expected third-quarter financial results.
• Nature’s Miracle Holding Inc. NMHI rose 31.8% to $0.1953 in premarket trading after jumping 52% on Thursday.
• Five9, Inc. FIVE rose 24.6% to $40.88 in premarket trading after the company reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates.
• Lumentum Holdings Inc. LITTLE rose 24.3% to $91.54 in premarket trading after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates.

Losers

• ProPhase Labs, Inc. PRPH shares fell 45.4% to $0.7800 in pre-market trading after the company announced the pricing of the public offering of common stock.
• Evolent Health, Inc. EVH shares fell 33.6% to $16.31 in premarket trading after the company reported worse-than-expected third-quarter financial results.
• AtlasClear Holdings, Inc. ATCH fell 31.8% to $0.1910 in premarket trading after jumping more than 55% on Thursday.
• agilon health, inc. AGL shares fell 29% to $1.98 in premarket trading after the company reported worse-than-expected quarterly revenue results.
• Maravai LifeSciences Holdings, Inc. MRI fell 26.6% to $5.75 in premarket trading after the company reported worse-than-expected third-quarter financial results and cut its FY24 sales guidance.
• MDJM Ltd MDJH shares plunged 22.4% to $0.1511 in premarket trading after jumping 30% on Thursday.
• Earlyworks Co., Ltd ELWS fell 17% to $5.60 in premarket trading after rising more than 10% on Thursday.
• Sweetgreen, Inc. SG fell 15% to $35.87 in premarket trading today after the company reported worse-than-expected quarterly earnings.
• Redfin Corporation RDFN fell 14.1% to $9.85 in premarket trading after the company reported worse-than-expected third-quarter financial results.
• Wag! Group Co. PET fell 13.8% to $0.5487 in premarket trading. Wag! will report financial results for the third quarter of 2024 before the opening bell on Wednesday, November 13.

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