March 13, 2024 06:16 | 2 minute read
US stock futures were mixed this morning, with Nasdaq futures falling about 20 points on Wednesday.
Shares of The beauty and health company SKIN rose sharply in premarket trading today after the company reported better-than-expected fourth-quarter revenue results.
Beauty Health reported a quarterly loss of 7 cents per share, in line with market estimates. According to data from Benzinga Pro, the company’s quarterly sales came in at $96.80 million versus expectations of $87.63 million.
Beauty Health shares jumped 17.3% to $4.21 in premarket trading.
Here are some big stocks that posted gains in today’s pre-market trading session.
- HUTCHMED (China) Limited HCM shares rose 15% to $18.78 in premarket trading after gaining 9% on Tuesday.
- SIGA Technologies, Inc. SIGA gained 13.5% to $6.04 in premarket trading after the company reported a year-over-year increase in quarterly financial results.
- BeiGene, Ltd. BGN shares rose 13% to $185.00 in premarket trading.
- MaxCyte, Inc. MXCT shares gained 10.5% to $4.40 in premarket trading after the company reported better-than-expected fourth-quarter financial results and issued guidance for fiscal 24.
- Full Truck Alliance Co. Ltd. CPA rose 10.2% to $7.67 in premarket trading. Full Truck Alliance announced the extension of its stock repurchase program up to $300 million.
- Legend Biotech Corporation WOOD gained 9% to $71.00 in premarket trading. Raymond James analyst Sean McCutcheon initiated coverage on Legend Biotech with an Outperform rating and announced an $86 price target.
- Clover Health Investments, Corp. CLOV rose 8% to $0.8290 in pre-market trading after the company reported better-than-expected fourth-quarter revenue results and issued insurance revenue guidance for FY24.
- United Natural Foods, Inc. UNFI gained 2.7% to $11.86 in premarket trading.
Now read this: Dollar Tree, Williams-Sonoma and 3 stocks to watch heading into Wednesday
Don’t forget to check out our pre-market coverage here
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