Shares of Apple Inc. (NASDAQ:AAPL) rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter results.
Apple reported fiscal first-quarter revenue of $124.3 billion, beating analyst estimates of $124.13 billion. The iPhone maker reported first-quarter adjusted earnings of $2.40 per share, beating analyst estimates of $2.36 per share.
Apple shares gained 3.4% to $245.73 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) gained 104% to $1.94 in pre-market trading after dipping 62% on Thursday.
- Nauticus Robotics, Inc. (NASDAQ:KITT) rose 63.4% to $2.55 in pre-market trading after announcing a partnership to advance subsea autonomy solutions.
- Diginex Limited (NASDAQ:DGNX) gained 40% to $49.01 in pre-market trading after dipping 30% on Thursday.
- Orangekloud Technology Inc. (NASDAQ:ORKT) gained 37.2% to $1.88 in pre-market trading. Maxim Group analyst Allen Klee initiated coverage on Orangekloud Technology with a Buy rating and announced a price target of $5.
- Cyclerion Therapeutics, Inc. (NASDAQ:CYCN) rose 25.1% to $3.18 in pre-market trading after gaining 7% on Thursday.
- Envirotech Vehicles, Inc. (NASDAQ:EVTV) shares jumped 17.7% to $0.4077 in pre-market trading after dipping 48% on Thursday. Envirotech Vehicles recently announced it has received orders for 48 vehicles to New Jersey.
- Cipher Mining Inc. (NASDAQ:CIFR) gained 20.9% to $5.68 in pre-market trading after the company announced a $50 million investment from Softbank.
- Atlassian Corporation (NASDAQ:TEAM) rose 18.9% to $317.40 in pre-market trading after the company reported better-than-expected second-quarter financial results.
- Kimball Electronics, Inc. (NASDAQ:KE) gained 11% to $20.11 in pre-market trading. Kimball Electronics will report second quarter fiscal year 2025 financial results on Tuesday, Feb. 4, 2025, after the closing bell.
Losers
- Aviat Networks, Inc. (NASDAQ:AVNW) shares fell 46.5% to $10.00 in pre-market trading. Aviat Networks will release its second quarter fiscal 2025 financial results for the period ended Dec. 27, 2024, on Feb. 4, 2025, after the closing bell.
- Enveric Biosciences, Inc. (NASDAQ:ENVB) dipped 39.7% to $2.35 in pre-market trading after the company priced $5 million public offering of 1.67 million common stock & warrants at $3.00/share.
- Stabilis Solutions, Inc. (NASDAQ:SLNG) shares fell 19.7% to $6.00 in pre-market trading.
- Klotho Neurosciences, Inc. (NASDAQ:KLTO) fell 19.1% to $0.3202 in today's pre-market trading.
- Benson Hill, Inc. (NASDAQ:BHIL) shares dipped 18.7% to $3.21 in pre-market trading. Benson Hill shares jumped 119% on Thursday after the company announced results from a controlled broiler feeding trial conducted with Tyson Foods.
- American Strategic Investment Co. (NYSE:NYC) shares tumbled 17.8% to $8.01 in pre-market trading.
- Deckers Outdoor Corporation (NYSE:DECK) fell 15.1% to $189.32 in pre-market trading after the company reported third-quarter results.
- Walgreens Boots Alliance, Inc. (NASDAQ:WBA) fell 10.4% to $10.28 in pre-market trading after the company suspended its quarterly dividend.
- Beazer Homes USA, Inc. (NYSE:BZH) declined 8.6% to $25.33 in pre-market trading following worse-than-expected reported first-quarter financial results.
- Olin Corporation (NYSE:OLN) fell 8.4% to $29.44 in pre-market trading following fourth-quarter earnings results.
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