Why Knight-Swift Transportation Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Several stocks are experiencing significant pre-market trading movements. XORTX Therapeutics, Urgent.ly, Aravive, Wheeler Real Estate Investment Trust, Intelligent Living Application Group, SEALSQ Corp, American Well Corporation, Knight-Swift Transportation Holdings, Ucommune International, and Bowlero Corp are among the gainers. Cuentas, WEBUY GLOBAL, SolarEdge Technologies, Processa Pharmaceuticals, Asset Entities, SeaStar Medical Holding Corporation, Arcutis Biotherapeutics, Atreca, Spectral AI, and Intuitive Surgical are among the losers.
October 20, 2023 | 11:42 am
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NEGATIVE IMPACT
SolarEdge Technologies shares fell 24.1% in pre-market trading after issuing preliminary Q3 revenue results below estimates and lowering its non-GAAP gross margin forecast.
The fall in SolarEdge Technologies shares is likely due to disappointing Q3 revenue results and a lowered gross margin forecast.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Knight-Swift Transportation Holdings shares gained 16.6% in pre-market trading after the company reported better-than-expected Q3 financial results.
The gain in Knight-Swift Transportation Holdings shares is likely due to better-than-expected Q3 financial results.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Urgent.ly shares rose 61.6% in pre-market trading after announcing the closing of its acquisition of Otonomo Technologies.
The rise in Urgent.ly shares is likely due to the closing of its acquisition of Otonomo Technologies.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
XORTX Therapeutics shares surged 95.5% in pre-market trading.
The surge in XORTX shares is likely due to recent positive momentum.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100