Why Aehr Test Systems Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Aehr Test Systems (NASDAQ:AEHR) shares rose 4.4% in pre-market trading after reporting better-than-expected results for its fourth quarter. The company expects FY24 revenue to be at least $100 million and GAAP net income of at least $28 million. Other notable pre-market movers include Ainos, Inc. (NASDAQ:AIMD), Intuitive Machines, Inc. (NASDAQ:LUNR), Nikola Corporation (NASDAQ:NKLA), and ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD).
July 14, 2023 | 12:16 pm
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ACADIA Pharmaceuticals Inc. gained 20.2% in pre-market trading. The company acquired ex-North American rights to trofinetide and global rights to Neuren's NNZ-2591 in Rett syndrome and Fragile X syndrome.
ACADIA Pharmaceuticals Inc. shares gained in pre-market trading after the company acquired rights to trofinetide and NNZ-2591, which could potentially drive the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Aehr Test Systems reported better-than-expected Q4 results and expects FY24 revenue to be at least $100 million and GAAP net income of at least $28 million.
Aehr Test Systems reported strong Q4 results and provided a positive outlook for FY24, which is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ainos, Inc. shares surged 108.2% in pre-market trading after gaining around 7% on Thursday.
Ainos, Inc. shares surged significantly in pre-market trading, indicating strong investor interest that could potentially drive the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Intuitive Machines, Inc. shares gained 29.1% in pre-market trading. The company is closing in on delivering its Nova-C lunar lander to Florida for launch.
Intuitive Machines, Inc. shares gained in pre-market trading as the company nears the launch of its Nova-C lunar lander, which could potentially drive the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Nikola Corporation shares rose 20.7% in pre-market trading after the company and BayoTech announced an agreement to advance reliable hydrogen supply for zero-emission commercial fuel cell electric vehicle fleets.
Nikola Corporation shares rose in pre-market trading after the company announced an agreement with BayoTech, which could potentially drive the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80