• EN

    • -+ 0.00%
    -+ 0.00%
    -+ 0.00%

    Why Gap Shares Are Trading Higher By Around 18%; Here Are 20 Stocks Moving Premarket

    Benzinga·03/07/2025 12:19:54
    Listen to the news

    Shares of The Gap, Inc. (NYSE:GAP) rose sharply in today's pre-market trading after the company reported fourth-quarter financial results and beat its adjusted EPS and revenue estimates.

    Gap reported quarterly earnings of 54 cents per share, which beat the analyst consensus estimate of 37 cents. Quarterly revenue clocked in at $4.1 billion, which beat the analyst consensus estimate of $4.07 billion.

    Gap shares jumped 18% to $22.98 in the pre-market trading session.

    Here are some other stocks moving in pre-market trading.

    Gainers

    • SUNation Energy Inc. (NASDAQ:SUNE) rose 86.3% to $0.33 in pre-market trading. SUNation Energy named James Brennan to fill the role of CFO, effective immediately, in addition to his role serving as COO.
    • Plus Therapeutics, Inc. (NASDAQ:PSTV) shares jumped 54.8% to $2.23 in pre-market trading. Plus Therapeutics shares jumped 311% on Thursday after the company was granted FDA orphan drug designation for Rhenium Obisbemeda in leptomeningeal metastases in patients with lung cancer.
    • CytomX Therapeutics, Inc. (NASDAQ:CTMX) gained 39% to $0.8580 in pre-market trading after reporting upbeat quarterly results.
    • Farmmi, Inc. (NASDAQ:FAMI) gained 37.5% to $0.3099 in pre-market trading.
    • GEN Restaurant Group, Inc. (NASDAQ:GENK) gained 25.7% to $6.40 in pre-market trading following a fourth-quarter revenue beat.
    • Phoenix Motor Inc. (NASDAQ:PEV) gained 19.3% to $0.4060 in pre-market after the company projected 2024 revenue of $30M-$31M, up from $3M in 2023. The company set a 2025 revenue target of $40M-$50M.
    • Noodles & Company (NASDAQ:NDLS) gained 11.6% to $1.39 in pre-market trading after the company issued FY25 guidance above estimates.
    • Broadcom Inc. (NASDAQ:AVGO) rose 10.9% to $199.00 as the company reported better-than-expected first-quarter financial results.
    • Algorhythm Holdings, Inc. (NASDAQ:RIME) shares climbed 9.6% to $2.1500 in pre-market trading after dipping around 8% on Thursday.

    Losers

    • Intuitive Machines, Inc. (NASDAQ:LUNR) shares fell 34.8% to $7.33 in pre-market trading after dipping 20% on Thursday.
    • Hewlett Packard Enterprise Company (NYSE:HPE) dipped 19.9% to $14.39 in pre-market trading after the company issued second-quarter guidance below estimates.
    • Cutera, Inc. (NASDAQ:CUTR) declined 14.4% to $0.1000 in pre-market trading. Cutera recently announced it filed for Chapter 11.
    • Visionary Holdings Inc. (NASDAQ:GV) shares fell 14.4% to $4.18 in pre-market trading after jumping 32% on Thursday.
    • BigBear.ai Holdings, Inc. (NYSE:BBAI) fell 13.7% to $3.62 in pre-market trading after the company reported worse-than-expected quarterly financial results.
    • Clarus Corporation (NASDAQ:CLAR) shares tumbled 10.8% to $3.80 in pre-market trading following weak quarterly earnings.
    • Samsara Inc. (NYSE:IOT) fell 10% to $37.69 in today's pre-market trading after reporting fourth-quarter results.
    • Rapport Therapeutics, Inc (NASDAQ:RAPP) fell 8.2% to $7.42 in pre-market trading after dipping 23% on Thursday.
    • Gorilla Technology Group Inc. (NASDAQ:GRRR) shares dipped 7% to $31.57 in pre-market trading after tumbling 19% on Thursday.
    • Serve Robotics Inc. (NASDAQ:SERV) fell 6.3% to $7.42 in pre-market trading after the company reported fourth-quarter financial results and missed its adjusted EPS and revenue estimates.

    Now Read This: