Shares of TransMedics Group, Inc. TMDX soared in pre-market trading today following impressive fourth-quarter financial results and robust guidance.

The company exceeded expectations with quarterly earnings of 12 cents per share, significantly outperforming the anticipated loss of 3 cents per share. Furthermore, quarterly sales stood at $81.17 million, surpassing estimates of $68.51 million.

As a result, TransMedics Group witnessed a substantial 23.5% surge, reaching $96.00 in pre-market trading.

Here is a glimpse of other stocks creating waves in pre-market trading.

Winners

• Janux Therapeutics, Inc. JANX witnessed a remarkable 85.5% increase to $28.01 in pre-market trading following the release of updated clinical data for its programs.
• PubMatic, Inc. PUBM saw its shares surge by 35.7% to $22.49 in pre-market trading after reporting strong fourth-quarter financials and issuing positive guidance.
• Galera Therapeutics, Inc. GRTX experienced a 37% increase to $0.2630 in pre-market trading after major shareholder Yair Schneid purchased a substantial number of shares.
• Infobird Co., Ltd IFBD witnessed a 36.2% surge to $3.76 in pre-market trading, rebounding from a previous 27% dip, following the announcement of a delay in the effective date of a reverse split.
• Surf Air Mobility Inc. SRFM saw a substantial 31.1% jump to $1.39 in pre-market trading after Palantir Technologies Inc. reported a significant stake in the company.
• Advent Technologies Holdings, Inc. ADN gained 24.8% to $0.2810 in pre-market trading after surging over 38% the previous day.
• ZyVersa Therapeutics, Inc. ZVSA recorded a 22.2% increase to $1.32 in pre-market trading following a substantial rise the day before.
• Earlyworks Co., Ltd ELWS saw its shares climb 21.4% to $0.7150 in pre-market trading after a 4% increase previously.
• Hims & Hers Health, Inc. HIMS rose by 20% to $12.30 in pre-market trading post favorable fourth-quarter financial results and positive guidance.

Losers

• The Aaron’s Company, Inc. AAN witnessed a 27% decline to $7.64 after reporting a fourth-quarter loss and missing sales estimates.
• NRx Pharmaceuticals, Inc. NRXP saw a 25.2% decrease to $0.32 in pre-market trading following the announcement of a proposed public offering of common stock.
• Intuitive Machines, Inc. LUNR dipped 19.8% to $5.03 in pre-market trading after communication issues regarding its moon lander mission.
• Unity Software Inc. U fell by 17.7% to $27.18 in pre-market trading post mixed fourth-quarter financial results.
• BioSig Technologies, Inc. BSGM experienced a 16.5% dip to $0.40 in pre-market trading following a significant increase the day before.
• CarGurus, Inc. CARG recorded a 14.3% decline to $20.47 in pre-market trading post announcement of fourth-quarter financials.
• Gaxos.ai Inc. GXAI saw a 14.3% fall to $0.5609 in pre-market trading after a substantial jump on the previous day.
• Telesis Bio, Inc. TBIO experienced a 12% drop to $0.5811 in pre-market trading after a prior decline the day before.
• Pineapple Energy Inc. PEGY saw an 11.4% decrease to $0.0720 in pre-market trading following a recent direct offering of common stock.
• Nyxoah S.A. NYXH reported a 10.7% decline to $13.73 in pre-market trading ahead of its upcoming financial results release on March 5, 2024.

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