Shares of Newsmax Inc (NYSE:NMAX) rose sharply in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued FY26 sales guidance above estimates.
Newsmax reported quarterly earnings of 4 cents per share which beat the analyst consensus estimate of losses of 9 cents per share. The company reported quarterly sales of $52.240 million which beat the analyst consensus estimate of $43.993 million.
Newsmax shares jumped 4.7% to $6.26 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Onconetix Inc (NASDAQ:ONCO) gained 44.4% to $4.65 in pre-market trading after gaining 6% on Thursday.
- VisionSys AI Inc (NASDAQ:VSA) gained 24.1% to $1.70 in pre-market trading after jumping 140% on Thursday.
- GMEX Robotics Corporation (NASDAQ:GMEX) gained 22.2% to $1.10 in pre-market trading. On Monday, GMEX Robotics announced an AU$4.2 million (US $2.9 million) purchase agreement with an Australian food and beverage group.
- ICZOOM Group Inc. (NYSE:IZM) rose 21.8% to $0.5506 in pre-market trading after gaining 8% on Thursday.
- Globavend Holdings Limited (NASDAQ:GVH) rose 21.8% to $1.25 in pre-market trading AS investors may still be reacting to five Securities and Exchange Commission insider disclosure filings submitted last week.
- Battalion Oil Corp (NYSE:BATL) surged 15.6% to $6.43 in pre-market trading after gaining 6% on Thursday.
- Unity Software Inc (NYSE:U) gained 15% to $19.70 in pre-market trading after the company released strong preliminary results for the first quarter.
- Sigma Lithium Corp (NASDAQ:SGML) rose 13.3% to $10.99 in pre-market trading after declining 7% on Thursday.
- Greenland Energy Company (NASDAQ:GLND) gained 10.9% to $14.41 in pre-market trading after falling 13% on Thursday.
Losers
- Southland Holdings Inc (NYSE:SLND) fell 34.2% to $1.06 in pre-market trading after posting downbeat quarterly results.
- Datacentrex Inc (NASDAQ:DTCX) tumbled 28.4% to $2.21 in pre-market trading. Datacentrex announced the pricing of a $20.17 million public offering at $2.00 per share, a notable discount to its recent trading price.
- TOP Financial Group Ltd (NASDAQ:TOP) fell 23.7% to $0.67 in pre-market trading after gaining 4% on Thursday.
- OceanPal Inc (NASDAQ:SVRN) dipped 24.4% to $0.23 in pre-market trading after reporting FY results.
- Gauzy Ltd (NASDAQ:GAUZ) dipped 20.2% to $0.70 in pre-market trading after gaining 14% on Thursday.
- Daqo New Energy Corp (NYSE:DQ) fell 20% to $17.00 in pre-market trading. Daqo New Energy reported mixed quarterly results on Thursday.
- Fitness Champs Holdings Ltd (NASDAQ:FCHL) shares dipped 18.1% to $2.91 in pre-market trading after jumping 108% on Thursday.
- Zenas Biopharma Inc (NASDAQ:ZBIO) fell 9.5% to $20.05 in pre-market trading. Zenas BioPharma announced pricing of concurrent public offerings of 2.50% convertible senior notes due 2032 and common stock with aggregate gross proceeds of $300.0 million.
- Enlight Renewable Energy Ltd (NASDAQ:ENLT) declined 6.6% to $67.17 in pre-market trading.
- Inventiva ADR (NASDAQ:IVA) fell 4.2% to $5.84 in pre-market trading.
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