Why Aspen Aerogels Shares Are Buying and selling Larger By 26%; Right here Are 20 Shares Transferring Premarket – Aptevo Therapeutics (NASDAQ:APVO), Aspen Aerogels (NYSE:ASPN)

May 2, 2024

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Shares of Aspen Aerogels, Inc. ASPN rose sharply in in the present day’s pre-market buying and selling after the corporate reported better-than-expected first-quarter monetary outcomes.

Aspen Aerogels posted a GAAP lack of 2 cents per share, in comparison with market expectations for a lack of 11 cents per share. The corporate’s quarterly gross sales got here in at $94.501 million versus estimates of $75.004 million, in accordance with information from Benzinga Professional.

Aspen Aerogels shares jumped 26.2% to $19.21 in pre-market buying and selling.

Listed here are another shares transferring in pre-market buying and selling.

Gainers

Emergent BioSolutions Inc. EBS gained 72.1% to $3.32 in pre-market buying and selling after the corporate introduced operational modifications to stabilize its monetary place and reported first-quarter monetary outcomes.
Aptevo Therapeutics Inc. APVO gained 38.5% to $1.33 in pre-market buying and selling after leaping round 35% on Wednesday.
Carvana Co. CVNA rose 34.8% to $117.46 in in the present day’s pre-market buying and selling after the corporate introduced upbeat quarterly outcomes.
Enovix Company ENVX jumped 21.4% to $7.90 in pre-market buying and selling after the corporate reported blended first-quarter monetary outcomes.
Ondas Holdings Inc. ONDS shares gained 16.5% to $0.97 in pre-market buying and selling.
Butterfly Community, Inc. BFLY shares gained 15.6% to $0.9101 in pre-market buying and selling after the corporate reported better-than-expected first-quarter monetary outcomes.
Hire the Runway, Inc. RENT shares rose 14.2% to $14.14 in pre-market buying and selling after surging 22% on Wednesday.
Prime Medication Inc PRME shares gained 13.8% to $6.00 in pre-market buying and selling after gaining 7% on Wednesday.
Rush Avenue Interactive, Inc. RSI shares rose 12.6% to $7.23 in pre-market buying and selling after the corporate reported better-than-expected first-quarter monetary outcomes and issued FY24 income steerage above estimates.

Losers

Fastly, Inc. FSLY fell 31.8% to $8.82 in pre-market buying and selling after the corporate reported first-quarter monetary outcomes. The corporate stated it expects second-quarter income in a spread of $130 million and $134 million, versus the $140.16 million analyst estimate.
Freshworks Inc. FRSH shares declined 28.6% to $13.02 in pre-market buying and selling after the corporate reported first-quarter monetary outcomes and introduced a CEO transition. Baird analyst Rob Oliver downgraded Freshworks from Outperform to Impartial and lowered the worth goal from $28 to $16.
CytomX Therapeutics, Inc. CTMX fell 17.4% to $4.24 in pre-market buying and selling. CytomX Therapeutics shares jumped 215% on Wednesday after the corporate introduced that it’s going to report first-quarter 2024 outcomes and supply an preliminary CX-904 Section 1a dose escalation replace on Could 8, 2024.
Remitly International Inc RELY shares fell 16.7% to $14.58 in pre-market buying and selling after the corporate reported blended first-quarter monetary outcomes.
Etsy, Inc. ETSY shares fell 13.2% to $60.45 in pre-market buying and selling after the corporate reported worse-than-expected first-quarter monetary outcomes.
DoorDash, Inc. DASH fell 12.5% to $111.50 pre-market buying and selling after the corporate reported blended first-quarter monetary outcomes.
IM Hashish Corp. IMCC shares declined 11.2% to $0.9858 in pre-market buying and selling after gaining round 29% on Wednesday.
Qorvo, Inc. QRVO shares fell 10.6% to $100.00 in pre-market buying and selling following weak first-quarter steerage.
Visionary Holdings Inc GV shares declined 11.8% to $0.20 in pre-market buying and selling after falling 6% on Wednesday.
Zillow Group, Inc. Z fell 6.5% to $39.19 pre-market buying and selling after the corporate reported its first-quarter monetary outcomes.