Why Cal-Maine Foods Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket

Benzinga

Published Apr 03, 2024 13:10

Updated Apr 03, 2024 14:40

Why Cal-Maine Foods Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Shares of Cal-Maine Foods, Inc. (NASDAQ: CALM) rose sharply in today’s pre-market trading after the company reported upbeat results for its fourth quarter.

The company reported quarterly earnings of $3.00 per share which beat the analyst consensus estimate of $2.46 per share, according to data from Benzinga Pro.

Cal-Maine Foods shares jumped 8.3% to $63.80 in pre-market trading

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

Gainers

  • LAMF Global Ventures Corp. I (NASDAQ: LGVC) rose 148.9% to $26.79 in pre-market trading. ViewLAMF Global Ventures Corp. I shareholders approved previously announced business combination with Nuvo Group Ltd.
  • Aesthetic Medical International Holdings Group Limited (NASDAQ: AIH) gained 68.3% to $0.5389 in pre-market trading after gaining 13% on Tuesday.
  • OneMedNet Corporation (NASDAQ: ONMD) gained 34.1% to $1.06 in pre-market trading. OneMedNet announced it entered a securities purchase agreement dated Mar. 28 providing up to $4.54 million in funding through private placement of senior convertible notes.
  • Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) shares gained 28.1% to $5.01 in pre-market trading. Vanda Pharmaceuticals' Fanapt® received U.S. FDA approval for the acute treatment of Bipolar I Disorder.
  • Inspire Veterinary Partners, Inc. (NASDAQ: IVP) gained 16% to $0.0545 in pre-market trading. On Jan. 5, Inspire Veterinary Partners filed a prospectus related to up to a $5 million public offering.
  • C3is Inc. (NASDAQ: CISS) shares rose 15.6% to $0.0473 in pre-market trading after gaining 13% on Tuesday. On March 26, C3is reported a year-over-year increase in fourth-quarter financial results.
  • Motus GI Holdings, Inc. (NASDAQ: MOTS) climbed 11.1% to $0.50 in pre-market trading after gaining around 3% on Tuesday.
  • Edible Garden AG Incorporated (NASDAQ: EDBL) shares rose 9.2% to $0.3735 in pre-market trading. Edible Garden announced a reverse stock split of the company's common stock.
  • Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) shares rose 6.3% to $65.81 in pre-market trading after the company reported fourth quarter results.
Losers
  • View, Inc. (NASDAQ: VIEW) declined 61.8% to $0.42 in pre-market trading after the company reached a real with Cantor Fitzgerald and RXR to become a private company.
  • Acorda Therapeutics, Inc. (NASDAQ: ACOR) shares dropped 24% to $1.90 in pre-market trading. Acorda Therapeutics shares dipped 81% on Tuesday after the company commenced voluntary proceedings under Chapter 11 of the United States Bankruptcy Code.
  • HWH International Inc. (NASDAQ: HWH) fell 23.4% to $1.18 in pre-market trading after jumping 63% on Tuesday.
  • Sintx Technologies, Inc. (NASDAQ: SINT) fell 22.5% to $0.0324 in pre-market trading after gaining 5% on Tuesday. SiNtx Technologies recently announced a proposed public offering of common stock.
  • VivoPower International PLC (NASDAQ: VVPR) fell 18.4% to $4.80 pre-market trading. VivoPower shares jumped 304% on Tuesday after the company's Tembo subsidiary announced it will merge with the Nasdaq-listed Cactus Acquisition Corp. 1 Limited.
  • Mesoblast Limited (NASDAQ: MESO) shares tumbled 13.1% to $5.73 in pre-market trading after gaining 8% on Tuesday.
  • BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) fell 11.1% to $1.12 pre-market trading after dipping around 12% on Tuesday.
  • Gamida Cell Ltd. (NASDAQ: GMDA) shares fell 10% to $0.0396 in pre-market trading after gaining 18% on Tuesday.
  • Fractyl Health, Inc. (NASDAQ: GUTS) fell 9.1% to $6.13 in pre-market trading after declining around 10% on Tuesday. The company recently announced FDA IDE approval for the Revita Remain-1 pivotal study and then rebounded after reporting Q4 financial results.
  • Intel Corporation (NASDAQ: INTC) fell 4.8% to $41.85 in pre-market trading after the company outlined a new financial framework for its foundry business. After the market close on Tuesday, Intel announced a new financial reporting structure designed to drive increased cost discipline and higher returns by providing greater transparency, accountability and incentives across the business.
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