Why Roku Shares Are Trading Higher By Around 19%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Several stocks are moving in pre-market trading. LumiraDx, Cellectis, JAKKS Pacific, Roku, Aware, Fastly, Lemonade, AudioCodes, PayPal, and QUALCOMM are among the gainers, with Roku shares climbing 18.9% after better-than-expected Q3 sales results. Confluent, Remitly Global, Procore Technologies, SolarEdge Technologies, Safe and Green Development Corporation, Werewolf Therapeutics, Revolve Group, Sientra, Envista Holdings Corporation, and Avalon GloboCare are among the losers.

November 02, 2023 | 12:08 pm
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POSITIVE IMPACT
Roku shares climbed 18.9% in pre-market trading after the company reported better-than-expected third-quarter sales results.
Roku's better-than-expected Q3 sales results have led to a significant increase in its pre-market trading price. This positive financial performance is likely to boost investor confidence and could lead to further price increases in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Confluent shares dipped 33.2% in pre-market trading after the company reported third-quarter financial results.
Confluent's Q3 financial results have led to a significant decrease in its pre-market trading price. This could indicate that the results were below investor expectations, which may negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100