Why Arcutis Biotherapeutics Shares Are Buying and selling Increased By 29%; Right here Are 20 Shares Shifting Premarket – Arcutis Biotherapeutics (NASDAQ:ARQT)

May 15, 2024

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Shares of Arcutis Biotherapeutics, Inc. ARQT rose sharply in at this time’s pre-market buying and selling after the corporate reported better-than-expected first-quarter monetary outcomes.

Arcutis Biotherapeutics reported quarterly earnings of 32 cents per share which beat the analyst consensus estimate of losses of 73 cents. Quarterly gross sales clocked in at $49.57 million, beating the analyst consensus estimate of $14.68 million, based on information from Benzinga Professional.

Arcutis Biotherapeutics shares jumped 29% to $10.49 within the pre-market buying and selling session.

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

Gainers

Faraday Future Clever Electrical Inc. FFIE gained 113.8% to $0.6098 in pre-market buying and selling after leaping round 368% on Tuesday.
Sintx Applied sciences, Inc. SINT gained 94.8% to $0.1072 in pre-market buying and selling after leaping over 41% on Tuesday. SINTX Applied sciences not too long ago posted downbeat quarterly outcomes.
Greenwave Expertise Options, Inc. GWAV shares gained 41.8% to $0.0631 in pre-market buying and selling after surging 7% on Tuesday.
Dolphin Leisure, Inc. DLPN rose 28.8% to $1.45 in at this time’s pre-market buying and selling after the corporate reported a year-over-year enhance in first-quarter monetary outcomes.
Crown ElectroKinetics Corp. CRKN shares rose 17.7% to $0.0560 in pre-market buying and selling.
Bitfarms Ltd. BITF shares rose 16.2% to $1.87 in pre-market buying and selling.
Pineapple Vitality Inc. PEGY gained 14.6% to $0.0675 in pre-market buying and selling after including round 12% on Tuesday.
GameStop Corp. GME shares climbed 12.1% to $54.64 in pre-market buying and selling following a 60% surge on Tuesday.
AMC Leisure Holdings, Inc. AMC gained 10.6% to $7.58 in pre-market buying and selling after leaping 32% on Tuesday.

Losers

Virpax Prescribed drugs, Inc. VRPX shares declined 40.1% to $1.36 in pre-market buying and selling after dipping 20% on Tuesday. Virpax Prescribed drugs not too long ago reported a year-over-year lower in first-quarter EPS outcomes.
Bolt Biotherapeutics, Inc. BOLT shares fell 31.8% to $0.9008 in pre-market buying and selling after the corporate reported first-quarter monetary outcomes.
DLocal Restricted DLO fell 26.7% to $9.95 in pre-market buying and selling after the corporate reported weaker-than-expected first-quarter earnings and mentioned there’s a larger probability of coming in in direction of the decrease finish of its steering vary.
Intrusion Inc. INTZ shares declined 25.2% to $1.93 in pre-market buying and selling after the corporate reported downbeat first-quarter gross sales.
Cheetah Internet Provide Chain Service Inc. CTNT shares fell 25.2% to $4.79 in pre-market buying and selling after leaping 442% on Tuesday. The corporate priced a follow-on providing for gross proceeds of $8.19 million.
Aethlon Medical, Inc. AEMD shares dipped 21.8% to $0.6650 in pre-market buying and selling after falling 14% on Tuesday.
VirTra, Inc. VTSI shares fell 20.5% to $13.05 in pre-market buying and selling after the corporate reported worse-than-expected first-quarter monetary outcomes.
SunPower Company SPWR shares fell 10.6% to $3.93 in pre-market buying and selling after leaping round 60% on Tuesday.
Allogene Therapeutics, Inc. ALLO shares declined 8.8% to $2.70 in pre-market buying and selling. Allogene Therapeutics filed for providing of as much as 37.93 million shares of frequent inventory.
Petróleo Brasileiro S.A. – Petrobras PBR shares fell 8.6% to $15.25 in pre-market buying and selling. Brazil’s President Luiz Inacio Lula da Silva fired Jean Paul Prates, the CEO of Petrobras, following a dispute over dividend.