Why Oracle Shares Are Trading Higher By 9%; Here Are 20 Stocks Moving Premarket

Benzinga · 06/12/2024 09:33
Shares of Oracle Corporation (NYSE:ORCL) rose sharply in today's pre-market trading after the company reported fourth-quarter financial results.
Oracle posted weaker-than-expected earnings for its fiscal fourth quarter. The company also announced a partnership with Alphabet Inc’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Cloud.
Oracle shares jumped 9% to $135.00 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- Golden Heaven Group Holdings Ltd (NASDAQ:GDHG) rose 70.3% to $0.3049 in today's pre-market trading.
- WANG & LEE GROUP, Inc. (NASDAQ:WLGS) shares rose 43.1% to $0.8760 in pre-market trading after surging 16% on Tuesday.
- Surf Air Mobility Inc. (NYSE:SRFM) gained 38% to $0.3860 in pre-market trading. Surf Air Mobility entered into an agreement to supply electric powertrains to Asta, a Brazilian Cessna Caravan operator.
- Beamr Imaging Ltd. (NASDAQ:BMR) gained 28.2% to $5.64 in pre-market trading. Beamr said its cloud solution is now available in the Oracle Cloud Marketplace.
- Castellum, Inc. (NYSE:CTM) shares gained 24.9% to $0.2410 in pre-market trading.
- Rentokil Initial plc (NYSE:RTO) gained 11.5% to $30.01 in pre-market trading following a report suggesting Trian has amassed a stake in the company.
- The Aaron’s Company, Inc. (NYSE:AAN) shares climbed 10.9% to $8.88 in pre-market trading.
- Mereo BioPharma Group plc (NASDAQ:MREO) rose 10.8% to $3.90 in pre-market trading. Ultragenyx and Mereo reported 14-month results from Phase 2 portion of Phase 2/3 Orbit study.
- Ayro, Inc. (NASDAQ:AYRO) shares rose 9.6% to $0.8991 in pre-market trading.
Losers
- ThermoGenesis Holdings, Inc. (NASDAQ:THMO) shares declined 49.8% to $0.2691 in pre-market trading after the Nasdaq denied the company’s request for continued listing and the stock will be suspended at the opening of business on June 17, 2024.
- Clene Inc. (NASDAQ:CLNN) shares dipped 24.7% to $0.31 in pre-market trading after falling 4% on Tuesday.
- Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) shares declined 24.4% to $1.61 in pre-market trading after announcing a proposed public offering.
- KWESST Micro Systems Inc. (NASDAQ:KWE) shares fell 21.9% to $0.7965 in pre-market trading after jumping around 17% on Tuesday. KWESST Micro Systems was recently awarded a sub-contract worth up to C$48 million by Thales Canada for software development services.
- ShiftPixy, Inc. (NASDAQ:PIXY) shares declined 14.3% to $1.32 in pre-market trading after gaining over 5% on Tuesday.
- Oblong, Inc. (NASDAQ:OBLG) fell 14.2% to $0.1723 in pre-market trading after declining 5% on Tuesday. Obglong recently signed a non-binding letter of intent to acquire Dwellwell Analytics.
- PetMed Express, Inc. (NASDAQ:PETS) shares fell 13.8% to $4.06 in pre-market trading following mixed fourth-quarter results. The company said results were negatively impacted by a challenging macro environment and industry dynamics.
- mF International Limited (NASDAQ:MFI) shares fell 13% to $0.99 in pre-market trading after surging around 13% on Tuesday.
- Calidi Biotherapeutics, Inc. (NYSE:CLDI) shares fell 12.2% to $0.2370 in pre-market trading after jumping around 32% on Tuesday. Calidi Biotherapeutics recently announced collaboration with SIGA Technologies to advance Calidi’s RTNova virotherapy for lung cancer and metastatic solid tumors.
- Big Tree Cloud Holdings Limited (NASDAQ:DSY) shares fell 11.9% to $2.45 in pre-market trading after dipping 23% on Tuesday. Big Tree Cloud recently announced completion of its business combination with Plutonian Acquisition Corp.
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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.