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Why Symbotic Shares Are Trading Higher By Over 28%; Here Are 20 Stocks Moving Premarket

Benzinga ·  Nov 19 19:30

Shares ofSymbotic Inc.(NASDAQ:SYM) rose sharply in today's pre-market trading after the company reported better-than-expected fourth-quarter financial results.

Symbotic reported quarterly earnings of five cents per share, which beat the analyst consensus estimate of three cents. Quarterly revenue came in at $576.76 million, which beat the analyst consensus estimate of $470.27 million and is an increase over sales of $391.88 million from the same period last year.

Symbotic shares jumped 28.6% to $39.30 in the pre-market trading session.

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

Gainers

  • PainReform Ltd. (NASDAQ:PRFX) gained 165.4% to $1.42 in pre...
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