Shares of Telefonaktiebolaget LM Ericsson – ADR (NASDAQ:ERIC) rose sharply in pre-market trading after the company posted upbeat third-quarter results.
The company reported quarterly earnings of 18 cents per share which beat the analyst consensus estimate of 14 cents per share. The company reported quarterly sales of $6.168 billion which beat the analyst consensus estimate of $5.790 billion.
Ericsson shares jumped 10.9% to $10.62 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- Stardust Power Inc (NASDAQ:SDST) rose 85% to $0.048 in pre-market trading after dipping 35% on Wednesday.
- GreenPower Motor Company Inc (NASDAQ:GP) gained 75.1% to $0.48 in pre-market trading after declining over 15% on Wednesday.
- Netcapital Inc (NASDAQ:NCPL) gained 22% to $1.94 in pre-market trading after the company announced it regained Nasdaq compliance.
- Token Cat Ltd – ADR (NASDAQ:TC) rose 18.3% to $1.55 in pre-market trading.
- JBDI Holdings Ltd (NASDAQ:JBDI) jumped 18.3% to $2.97 in pre-market trading after surging 173% on Wednesday. JBDI Holdings recently agreed to acquire Glorian Capital in a $900 million all-notes transaction.
- Reading International Inc (NASDAQ:RDI) gained 13.5% to $2.00 in pre-market trading after falling 5% on Wednesday.
- Rani Therapeutics Holdings Inc (NASDAQ:RANI) gained 13.5% to $0.76 in pre-market trading after falling 16% on Wednesday.
- Forum Markets, Inc (NASDAQ:FRMM) gained 11.8% to $4.34 in pre-market trading after dropping 7% on Wednesday.
- Northern Dynasty Minerals Ltd (NYSE:NAK) gained 6.8% to $1.01 in pre-market trading after dropping 7% on Wednesday.
Losers
- SHF Holdings Inc (NASDAQ:SHFS) fell 27.6% to $0.17 in pre-market trading after dipping 15% on Wednesday.
- Treasure Global Inc (NASDAQ:TGL) fell 23.2% to $0.35 in pre-market trading. Treasure Global shares jumped 62% on Wednesday after the company reported a narrower Q4 loss driven by strong revenue growth.
- Brenx Ltd (NASDAQ:BRNX) fell 22.4% to $0.83 in pre-market trading after the company filed to sell up to $2.89 million of ordinary shares in an at-the-market offering.
- Dreamland Ltd (NASDAQ:TDIC) tumbled 21.1% to $1.80 in pre-market trading. Dreamland shares surged 40% on Wednesday after a Form 4 filing showed its CEO purchased 1.5 million shares, increasing his direct holdings to 2.57 million shares.
- Antelope Enterprise Holdings Ltd (NASDAQ:AEHL) fell 19.1% to $9.30 in pre-market trading after surging 34% on Wednesday.
- Nexgel Inc (NASDAQ:NXGL) fell 17.3% to $4.51 in pre-market trading after jumping 35% on Wednesday.
- Zhibao Technology Inc (NASDAQ:ZBAO) fell 15.7% to $0.86 in pre-market trading after dipping 46% on Wednesday.
- Rocket Lab Corp (NASDAQ:RKLB) fell 9.5% to $53.62 in pre-market trading after the company announced that the Neutron’s inaugural launch is now expected to occur in 2027.
- SK Hynix Inc – ADR (NASDAQ:SKHY) declined 6.9% to $137.53 in pre-market trading after falling 6% on Wednesday.
- AXT Inc (NASDAQ:AXTI) fell 6.8% to $57.40 in pre-market trading after declining 5% on Wednesday.
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