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Why Serve Robotics Shares Are Trading Higher By Around 14%; Here Are 20 Stocks Moving Premarket

Benzinga ·  Aug 14 05:35

Shares of Serve Robotics Inc. (NASDAQ:SERV) rose sharply in today's pre-market trading as the company reported better-than-expected second-quarter sales results.

Serve Robotics reported quarterly losses of 27 cents per share which missed the analyst consensus estimate for a loss of 25 cents per share. The company reported quarterly sales of $468.375 thousand which beat the analyst consensus estimate of $400.000 thousand.

Serve Robotics shares jumped 14% to $11.82 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

  • Digital Ally, Inc. (NASDAQ:DGLY) rose 80.7% to $1.52 in today's pre-market trading after the company was granted a U.S. Patent for tracking and analysis of drivers within a fleet of vehicles.
  • Conduit Pharmaceuticals Inc. (NASDAQ:CDT) gained 40.7% to $0.1934 in pre-market trading after falling 19% on Tuesday.
  • Nuburu, Inc. (NYSE:BURU) gained 19.5% to $1.90 in pre-market trading after dipping more than 12% on Tuesday.
  • Vertex Energy, Inc. (NASDAQ:VTNR) jumped 16% to $0.52 in pre-market trading after jumping over 10% on Tuesday. Vertex Energy, last week, reported mixed second-quarter financial results.
  • Revelation Biosciences, Inc. (NASDAQ:REVB) gained 15.5% to $1.04 in pre-market trading. Revelation Biosciences, last week, posted a second-quarter GAAP loss of $5.13 per share.
  • Nkarta, Inc. (NASDAQ:NKTX) gained 15.4% to $5.74 in pre-market trading as the company posted a narrower-than-expected quarterly loss.
  • Laser Photonics Corporation (NASDAQ:LASE) gained 12.5% to $3.78 after tumbling over 22% on Tuesday.
  • Snail, Inc. (NASDAQ:SNAL) shares rose 8.7% to $0.8899 in pre-market trading after the company reported second-quarter results.
  • Qifu Technology, Inc. (NASDAQ:QFIN) gained 6.7% to $22.52 in pre-market trading after the company reported second-quarter results and said Hongyi Zhou has resigned as Director and Chairman of Board for personal reasons.

Losers

  • TC Biopharm (Holdings) Plc (NASDAQ:TCBP) shares declined 38.2% to $2.28 in pre-market trading after the company announced the pricing of a 2 million unit offering at $1 per unit.
  • Bionomics Limited (NASDAQ:BNOX) declined 27.3% to $0.44 in pre-market trading.
  • Iveda Solutions, Inc. (NASDAQ:IVDA) shares declined 23.2% to $0.2840 in pre-market trading after declining 8% on Tuesday.
  • Santech Holdings Limited (NASDAQ:STEC) shares dipped 20.5% to $0.2050 in pre-market trading after jumping 18% on Tuesday.
  • Alternus Clean Energy Inc (NASDAQ:ALCE) fell 17.1% to $0.19 in today's pre-market trading.
  • Ouster, Inc. (NYSE:OUST) shares fell 16.9% to $9.04 in pre-market trading after the company reported worse-than-expected second-quarter sales results and issued weak third-quarter revenue guidance.
  • QuickLogic Corporation (NASDAQ:QUIK) shares fell 16.2% to $7.89 in pre-market trading after reporting second-quarter results.
  • WISeKey International Holding AG (NASDAQ:WKEY) fell 15.5% to $2.60 in pre-market trading after jumping 23% on Tuesday.
  • Twin Vee Powercats Co. (NASDAQ:VEEE) shares fell 15.5% to $0.4055 in pre-market trading after declining around 5% on Tuesday.
  • SeaStar Medical Holding Corporation (NASDAQ:ICU) fell 13.5% to $5.23 pre-market trading after reporting second-quarter results.

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