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Benzinga
Benzinga
Business
Avi Kapoor

Why DocuSign Shares Are Trading Higher By Around 14%; Here Are 20 Stocks Moving Premarket

Shares of DocuSign, Inc. (NASDAQ:DOCU) rose sharply in today's pre-market trading r after the company reported better-than-expected third-quarter financial results and issued FY25 revenue guidance above estimates.

DocuSign reported third-quarter revenue of $754.8 million, beating the consensus estimate of $745.26 million. The company reported third-quarter adjusted earnings of 90 cents per share, beating analyst estimates of 87 cents per share, according to Benzinga Pro.

DocuSign shares jumped 14.1% to $95.43 in the pre-market trading session.

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

Gainers

  • Universe Pharmaceuticals INC (NASDAQ:UPC) gained 196.2% to $3.11 in pre-market trading after dipping 41% on Thursday.
  • Zhibao Technology Inc. (NASDAQ:ZBAO) rose 111.7% to $5.08 in pre-market trading after the company announced they will partner with PICC & Munich Re to develop new medical insurance products in China.
  • Color Star Technology Co., Ltd. (NASDAQ:ADD) gained 82.2% to $6.94 in pre-market trading after the company announced that it regained Nasdaq compliance.
  • Gaxos.ai Inc. (NASDAQ:GXAI) gained 48.6% to $2.11 in pre-market trading after gaining over 10% on Thursday.
  • The Lion Electric Company (NYSE:LEV) gained 43.3% to $0.48 in pre-market trading. Lion Electric reached a definitive agreement in respect of the sale of Innovation Center located in Mirabel, Québec for a purchase price of C$50 million.
  • Primega Group Holdings Limited  (NASDAQ:PGHL) rose 40.1% to $1.87 in pre-market trading after dipping over 15% on Thursday.
  • Rubrik, Inc. (NYSE:RBRK) gained 23.2% to $66.11 in pre-market trading as the company reported better-than-expected results for its third quarter.
  • Asana, Inc. (NYSE:ASAN) climbed 21.3% to $18.75 in pre-market trading after the company reported better-than-expected third-quarter financial results and issued FY25 guidance above estimates.
  • Satellogic Inc. (NASDAQ:SATL) gained 12.1% to $3.52 in pre-market trading after jumping 20% on Thursday.

Losers

  • Oriental Rise Holdings Limited (NASDAQ:ORIS) shares tumbled 81.23 to $10.50 in pre-market trading after surging 599% on Thursday.
  • zSpace, Inc. (NASDAQ:ZSPC) declined 31.7% to $15.01 in pre-market trading after jumping 340% on Thursday.
  • Foxx Development Holdings Inc. (NASDAQ:FOXX) shares fell 24.7% to $3.73 in pre-market trading after jumping 55% on Thursday.
  • PainReform Ltd. (NASDAQ:PRFX) shares fell 23.4% to $3.44 in pre-market trading. PainPerform shares jumped 68% on Thursday after the company announced changes in management including new CFO and CEO appointees.
  • Virpax Pharmaceuticals, Inc (NASDAQ:VRPX) fell 21.5% to $0.3069 in pre-market trading after declining around 5% on Thursday.
  • CAMP4 THERAPEUTICS CORPORATION (NASDAQ:CAMP) fell 21.4% to $7.71 in pre-market trading after gaining 66% on Thursday.
  • Protara Therapeutics, Inc. (NASDAQ:TARA) fell 17.9% to $4.94 in pre-market trading. Protare Therapeutics shares jumped 70% on Thursday after the company announced results from its ongoing Phase 2 TARA-002 trial in patients with NMIBC.
  • Molecular Templates, Inc. (NASDAQ:MTEM) dipped 17.1% to $0.4472 in pre-market trading after jumping 60% on Thursday.
  • Mawson Infrastructure Group Inc. (NASDAQ:MIGI) shares dipped 16.7% to $1.10 in pre-market trading after jumping 94% on Thursday.
  • Smith & Wesson Brands, Inc. (NASDAQ:SWBI) fell 15.8% to $11.48 in today's pre-market trading after the company reported second-quarter results.

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