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

Benzinga · 03/31 08:58
Shares of Xos, Inc. (NASDAQ:XOS) rose sharply in today's pre-market trading after the company reported 2024 results.
The company reported its 2024 revenue surged to $56 million, compared to $44.5 million in 2023. The company delivered 297 units in 2024, up from 283 units in the previous year. Its GAAP gross margins improved from a negative 2.9% in 2023 to a positive 7.1% in 2024.
Xos shares jumped 9% to $3.75 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- Treasure Global Inc. (NASDAQ:TGL) gained 75.3% to $0.1402 in pre-market trading after falling over 22% on Friday.
- Citius Oncology, Inc. (NASDAQ:CTOR) rose 50.4% to $1.00 in pre-market trading.
- Color Star Technology Co., Ltd. (NASDAQ:ADD) rose 50% to $1.20 in pre-market trading after falling around 5% on Friday.
- iCoreConnect Inc. (NASDAQ:ICCT) gained 37.2% to $0.3910 in pre-market trading after dipping more than 17% on Friday.
- QuantaSing Group Limited (NASDAQ:QSG) gained 30.1% to $4.45 in pre-market trading after gaining around 12% on Friday. QuantaSing Group, last week, expanded into pop toys market with strategic acquisition of Letsvan.
- Know Labs, Inc. (NYSE:KNW) rose 19.2% to $0.8701 in pre-market trading after declining 5% on Friday.
- AIM ImmunoTech Inc. (NYSE:AIM) surged 15.5% to $0.1397 in pre-market trading. AIM ImmunoTech, last week, posted upbeat FY 2024 results.
- China Yuchai International Limited (NYSE:CYD) gained 7.7% to $17.96 in pre-market after declining 8% on Friday.
- Interface, Inc. (NASDAQ:TILE) gained 6.3% to $20.99 in pre-market trading.
Losers
- Damon Inc. (NASDAQ:DMN) shares fell 48.3% to $0.0176 in pre-market trading after dipping 23% on Friday.
- Acuren Corporation (NYSE:TIC) fell 37.7% to $7.00 in pre-market trading.
- Capricor Therapeutics, Inc. (NASDAQ:CAPR) fell 19.9% to $9.21 in pre-market trading. The company, last week, reported fourth-quarter financial results and beat its EPS and revenue estimates.
- Hillman Solutions Corp. (NASDAQ:HLMN) declined 19.5% to $7.00 in pre-market trading.
- Enzo Biochem, Inc. (NYSE:ENZ) fell 18.7% to $0.35 in pre-market trading. Enzo Biochem announced plans to voluntarily delist its common stock from the new York Stock Exchange.
- Arhaus, Inc. (NASDAQ:ARHS) dipped 18.3% to $7.00 in pre-market trading after tumbling over 8% on Friday.
- NeOnc Technologies Holdings, Inc. (NASDAQ:NTHI) shares dipped 17.7% to $14.00 in pre-market trading.
- Digital Ally, Inc. (NASDAQ:DGLY) shares tumbled 15.3% to $0.0288 in pre-market trading after falling over 20% on Friday.
- CareDx, Inc (NASDAQ:CDNA) fell 14.3% to $15.40 in today's pre-market trading.
- Couchbase, Inc. (NASDAQ:BASE) shares fell 8.1% to $14.40 in pre-market trading after gaining 7% on Friday.
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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.