25 Stocks Moving in Wednesday's Pre-Market Session – Benzinga – Benzinga

Published

3 years ago

July 7, 2021

Harry Miller

Gainers

Opiant Pharmaceuticals Inc (NASDAQ: OPNT) shares rose 50.9% to $20.00 in pre-market trading after the company disclosed positive top-line results of confirmatory pharmacokinetic study for OPNT003, nasal nalmefene, a novel investigational treatment for opioid overdose.
Data Storage Corp (NASDAQ: DTST) shares rose 50.6% to $10.98 in pre-market trading. Data Storage shares jumped over 24% on Tuesday on above-average volume.
OncoSec Medical Inc (NASDAQ: ONCS) shares rose 37.6% to $3.84 in pre-market trading after the company announced it entered into a Clinical Trial Collaboration and Supply Agreement with Merck to evaluate the combination of OncoSec’s TAVO with Merck’s KEYTRUDA in a Phase 3 study.
Perma-Pipe International Holdings Inc (NASDAQ: PPIH) rose 31.2% to $9.00 in pre-market trading.
Pop Culture Group Co Ltd (NASDAQ: CPOP) shares rose 25.5% to $39.59 in pre-market trading. Pop Culture Group shares dropped over 40% on Tuesday on continued post-IPO volatility.
Blonder Tongue Labs, Inc. (NYSE: BDR) rose 23.8% to $1.87 in pre-market trading after the company announced it received forgiveness of $1,768,762 of loan proceeds previously received under the Paycheck Protection Program.
Sequential Brands Group Inc (NASDAQ: SQBG) rose 18.4% to $20.11 in pre-market trading. Sequential Brands gained 8% on Tuesday on above-average volume.
MingZhu Logistics Holdings Ltd (NASDAQ: YGMZ) shares rose 14.9% to $5.40 in pre-market trading after the company announced it entered into a non-binding MOU to acquire CheYi Network.
Exela Technologies Inc (NASDAQ: XELA) rose 11.9% to $3.00 in pre-market trading after jumping over 42% on Tuesday.
Immersion Corporation (NASDAQ: IMMR) rose 11.1% to $9.14 in pre-market trading after the company reported strong preliminary results for its second quarter. The company said it sees Q2 non-GAAP earnings between $0.22 and $0.23 per share, versus analysts’ estimates of $0.11 per share. Immersion also expects 90% year-over-year growth in its revenue.
Orbsat Corp (NASDAQ: OSAT) shares rose 10.2% to $9.26 in pre-market trading. Orbsat shares climbed 54% on Tuesday on abnormally-high volume.
Grove Inc (NASDAQ: GRVI) rose 8.7% to $6.39 in pre-market trading. Grove recently announced the launch of Qubes, a plant-based vitamin gummy brand.
Weidai Ltd (NYSE: WEI) rose 8.5% to $1.66 in pre-market trading.
Support.com, Inc. (NASDAQ: SPRT) rose 7.7% to $5.30 in pre-market trading after surging 12% on Tuesday.
Atossa Therapeutics Inc (NASDAQ: ATOS) rose 6.7% to $6.07 in pre-market trading after gaining 6% on Tuesday.
JinkoSolar Holding Co., Ltd(NYSE: JKS) shares rose 5.5% to $57.35 in pre-market trading after gaining around 8% on Tuesday.

Find out what’s going on in today’s market and bring any questions you have to Benzinga’s PreMarket Prep.

Check out these big penny stock gainers and losers

Losers

BSQUARE Corporation (NASDAQ: BSQR) fell 9.7% to $6.37 in pre-market trading. BSQUARE shares jumped 77% on Tuesday on abnormally-high volume.
Bridgeline Digital Inc (NASDAQ: BLIN) shares fell 9.7% to $11.05 in pre-market trading after jumping 36% on Tuesday. The company recently announced its partner network won more than 20 site search licenses this quarter for Celebros and HawkSearch.
Red Cat Holdings Inc (NASDAQ: RCAT) shares fell 8.3% to $3.20 in pre-market trading after climbing over 37% on Tuesday.
Amesite Inc (NASDAQ: AMST) shares fell 7.4% to $2.64 in pre-market trading after jumping around 20% on Tuesday.
Staffing 360 Solutions Inc (NASDAQ: STAF) fell 7.4% to $4.44 in pre-market trading after declining around 4% on Tuesday.
Powerbridge Technologies Co Ltd (NASDAQ: PBTS) fell 7.2% to $2.83 in pre-market trading after surging around 70% on Tuesday.
Mobil’nye Telesistemy PAO (NYSE: MBT) fell 7% to $8.81 in pre-market trading.
Odonate Therapeutics Inc (NASDAQ: ODT) fell 6.4% to $3.52 in pre-market trading. Odonate Therapeutics shares rose 8% on Tuesday following 13G from Ikarian Capital showing a 5.2% stake in the company.
Soligenix, Inc. (NASDAQ: SNGX) fell 6.1% to $1.23 in pre-market trading after jumping 26% on Tuesday.

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Restaurant Brands reports US$357M Q3 net income, down from US$364M a year ago

Published

5 hours ago

November 5, 2024

Anne Joseph

TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.

The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.

Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.

Consolidated comparable sales were up 0.3 per cent.

On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.

The average analyst estimate had been for a profit of 95 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:QSR)

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Electric and gas utility Fortis reports $420M Q3 profit, up from $394M a year ago

Published

5 hours ago

November 5, 2024

Anne Joseph

ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.

The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.

Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.

Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.

On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.

The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:FTS)

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Thomson Reuters reports Q3 profit down from year ago as revenue rises

Published

5 hours ago

November 5, 2024

Anne Joseph

TORONTO – Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent.

The company, which keeps its books in U.S. dollars, says it earned US$301 million or 67 cents US per diluted share for the quarter ended Sept. 30. The result compared with a profit of US$367 million or 80 cents US per diluted share in the same quarter a year earlier.

Revenue for the quarter totalled US$1.72 billion, up from US$1.59 billion a year earlier.

In its outlook, Thomson Reuters says it now expects organic revenue growth of 7.0 per cent for its full year, up from earlier expectations for growth of 6.5 per cent.

On an adjusted basis, Thomson Reuters says it earned 80 cents US per share in its latest quarter, down from an adjusted profit of 82 cents US per share in the same quarter last year.

The average analyst estimate had been for a profit of 76 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:TRI)

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