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Robinhood Marks 14% Pre-Market Surge Robinhood Marks 14% Pre-Market Surge



Shares of Robinhood Markets, Inc. HOOD soared in today’s pre-market trading after the company released remarkable fourth-quarter financial results.


Robinhood reported fourth-quarter revenue of $471 million, marking a 24% year-over-year increase. The revenue surpassed the Street consensus estimate of $456.8 million. Meanwhile, the company posted earnings per share of 3 cents, beating the Street consensus estimate of a loss of 1 cent per share.


As a result, Robinhood shares surged by 13.8% to $13.47 in pre-market trading.


Here are some other stocks making moves in pre-market trading.




Winners


  • Brera Holdings PLC BREA skyrocketed 397% to $5.07 in pre-market trading.
  • Earlyworks Co., Ltd ELWS surged 176.9% to $1.26 in pre-market trading after declining around 8% on Tuesday.
  • Sentage Holdings Inc. SNTG saw its shares jump 107.1% to $4.70 in pre-market trading.
  • CCSC Technology International Holdings Limited CCTG climbed 82.4% to $5.89 in pre-market trading after falling around 10% on Tuesday.
  • Fresh2 Group Limited FRES rose by 47.8% to $0.7139 in pre-market trading after gaining around 35% on Tuesday.
  • VBI Vaccines Inc. VBIV surged by 18.3% to $0.7810 in pre-market trading. Brii Biosciences agreed to acquire VBI’s IP rights in BRII-179 (VBI-2601) and plans to initiate technology transfer to expand clinical and commercial supplies.
  • Gannett Co., Inc. GCI saw its shares gain 18.2% to $2.60 in pre-market trading after declining over 5% on Tuesday.
  • Iris Energy Limited IREN rose 17.8% to $8.15 in pre-market trading.
  • Lyft, Inc. LYFT shares gained 17.7% to $14.28 in pre-market trading after the company reported fourth-quarter sales of $1.22 billion and gross bookings of $3.7 billion, up 17% year-over-year.
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Losers


  • Azitra, Inc. AZTR shares declined 64.4% to $0.31 in pre-market trading. Azitra priced its $5 million public offering of 16.667 million common shares at $0.30 per share.
  • QuidelOrtho Corporation QDEL fell 32.6% to $45.03 in pre-market trading after the company reported worse-than-expected fourth-quarter financial results and issued FY24 adjusted EPS below estimates.
  • Ohmyhome Limited OMH shares declined 29.2% to $1.60 in pre-market trading. Ohmyhome priced upsized $4.8 million public offering of 555,555 ordinary shares at $1.35 per share.
  • Nukkleus Inc. NUKK saw its shares drop by 27.6% to $1.42 in pre-market trading after surging over 55% on Tuesday. Goldman Sachs reported a 7.2% passive stake in Nukkleus as of Dec. 29, 2023.
  • Esports Entertainment Group, Inc. GMBL shares dipped 27% to $1.35 in pre-market trading. Esports Entertainment Group announced voluntary delisting from the Nasdaq and transfer to the OTCQB Venture Market.
  • BioNexus Gene Lab Corp. BGLC saw its shares fall 26.1% to $1.16 in pre-market trading after jumping 282% on Tuesday.
  • Cheetah Net Supply Chain Service Inc. CTNT shares fell 25.4% to $1.26 in pre-market trading.
  • Upstart Holdings, Inc. UPST fell 19.7% to $26.39 in pre-market trading after the company issued first-quarter revenue guidance below estimates.
  • BlackLine, Inc. BL declined 14.2% to $50.00 in pre-market trading after reporting quarterly results.
  • Airbnb, Inc. ABNB shares declined 6.1% to $141.67 in pre-market trading after the company reported fourth-quarter financial results.


 


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