Why Chewy Shares Are Trading Higher By 17%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Chewy shares rose 17% in pre-market trading following a strong Q1 report. Other pre-market gainers include Airspan Networks, T2 Biosystems, AGBA Group Holding, Wejo Group, VCI Global, Hoth Therapeutics, Apollomics, AstroNova, and Kingsoft Cloud Holdings. Pre-market losers include C3.ai, Aridis Pharmaceuticals, Okta, Eledon Pharmaceuticals, Lexicon Pharmaceuticals, VolitionRx, Victoria's Secret, IM Cannabis, QualTek Services, and VIQ Solutions.
June 01, 2023 | 11:55 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
C3.ai shares fell 20.4% in pre-market trading despite better-than-expected earnings and sales results for its first quarter.
Despite better-than-expected Q1 earnings and sales results, C3.ai shares fell in pre-market trading, possibly due to profit-taking or concerns about the company's future growth prospects. This may lead to a short-term decrease in its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Chewy shares rose 17% in pre-market trading following a strong Q1 report.
Chewy's strong Q1 report is likely to boost investor confidence in the company's performance, leading to a short-term increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Airspan Networks shares rose 58.9% in pre-market trading after the company reported new financing and leadership changes.
Airspan Networks' new financing and leadership changes signal positive developments for the company, which may lead to a short-term increase in its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
T2 Biosystems shares gained 50% in pre-market trading after announcing the second-largest sepsis-driven T2Dx instruments sale in the company's history.
T2 Biosystems' announcement of a significant T2Dx instruments sale is likely to boost investor confidence in the company's growth prospects, leading to a short-term increase in its stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100