Why Sportsman's Warehouse Shares Are Trading Higher By Around 39%; Here Are 20 Stocks Moving Premarket
Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) rose sharply in today's pre-market trading after the company posted stronger-than-expected earnings and sales results for its fourth quarter on Tuesday.
Sportsman's Warehouse reported fourth-quarter revenue of $340.4 million, beating analyst estimates of $329.61 million, according to Benzinga Pro. Total revenue was down 8.1% on a year-over-year basis. The outdoor specialty retailer reported fourth-quarter adjusted earnings of four cents per share, beating estimates for a loss of six cents per share. Adjusted EBITDA was $14.6 million in the quarter.
Sportsman's Warehouse expects full-year 2025 net sales to be in the range of down 1% to up 3.5%. The company anticipates full-year adjusted EBITDA of $33 million to $45 million.
Sportsman’s Warehouse shares jumped 38.8% to $1.34 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- Digital Ally, Inc (NASDAQ:DGLY) gained 159.6% to $0.0675 in pre-market trading after gaining around 8% on Tuesday.
- ReShape Lifesciences Inc. (NASDAQ:RSLS) rose 93.1% to $3.07 in pre-market trading after jumping 341% on Tuesday.
- Sunshine Biopharma, Inc. (NASDAQ:SBFM) rose 56.9% to $3.28 in pre-market trading. Sunshine Biopharma reported that 2024 revenue surged to $34.9 million from $24.1 million in the year-ago period.
- Innovation Beverage Group Limited (NASDAQ:IBG) gained 44.1% to $0.7134 in pre-market trading.
- AGM Group Holdings Inc. (NASDAQ:AGMH) surged 28.2% to $0.0555 in pre-market trading after dipping around 8% on Tuesday.
- bioAffinity Technologies, Inc. (NASDAQ:BIAF) rose 26.6% to $1.38 in pre-market trading. BioAffinity Technologies shares jumped 319% on Tuesday following a year-over-year increase in FY24 financial results.
- Sharps Technology, Inc. (NASDAQ:STSS) gained 23.1% to $0.0336 in pre-market after falling 9% on Tuesday.
- Mister Car Wash, Inc. (NASDAQ:MCW) gained 12.3% to $8.89 in pre-market trading.
- Grifols, S.A. (NASDAQ:GRFS) gained 11.7% to $7.78 in pre-market trading.
Losers
- Jayud Global Logistics Limited (NASDAQ:JYD) shares fell 78.3% to $0.3490 in pre-market trading.
- Syra Health Corp. (NASDAQ:SYRA) fell 59.8% to $0.1085 in pre-market trading after the company announced voluntary delisting from the Nasdaq Capital Market.
- Quad/Graphics, Inc. (NYSE:QUAD) declined 45.5% to $3.01 in pre-market trading.
- nCino, Inc. (NASDAQ:NCNO) fell 31.5% to $19.30 in pre-market trading after the company reported weaker-than-expected earnings for its fourth quarter, while sales topped estimates. The company also said it sees first-quarter total revenues of $138.75 million to $140.75 million and adjusted earnings of 15 cents to 16 cents per share.
- Seritage Growth Properties (NYSE:SRG) fell 29.3% to $2.10 in today's pre-market trading after dipping 8% on Tuesday. Seritage Growth Properties, on Monday, posted a fourth-quarter loss of 22 cents per share, versus a year-ago profit of 8 cents per share.
- Waton Financial Limited (NASDAQ:WTF) shares tumbled 28% to $14.30 in pre-market trading after jumping 396% on Tuesday.
- Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) fell 26.7% to $12.10 in pre-market trading.
- Antelope Enterprise Holdings Limited (NASDAQ:AEHL) dipped 26.4% to $0.0705 in pre-market trading. Antelope Enterprise announced a 1-for-40 reverse stock split.
- Rapport Therapeutics, Inc. (NASDAQ:RAPP) shares dipped 24.7% to $7.20 in pre-market trading following a 5% decline on Tuesday.
- Newsmax, Inc. (NYSE:NMAX) shares fell 21.2% to $183.73 in pre-market trading. Newsmax shares surged 179% on Tuesday on continued IPO launch strength.
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