Shares of Aehr Test Systems (NASDAQ:AEHR) rose sharply in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued FY27 sales guidance above estimates.
Aehr Test Systems reported quarterly earnings of 11 cents per share, which beat the analyst consensus estimate for a loss of one cent, according to Benzinga Pro data. Quarterly revenue clocked in at $18.84 million, which beat the Street estimate of $18.69 million and was up from $14.09 million in the same period last year.
Aehr Test Systems shares jumped 29.6% to $93.30 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Kustom Entertainment Inc (NASDAQ:KUST) rose 83.2% to $1.85 in pre-market trading after gaining over 4% on Tuesday.
- Catheter Precision Inc (NYSE:VTAK) jumped 54.1% to $0.86 in pre-market trading after declining 14% on Tuesday.
- GlucoTrack Inc (NASDAQ:GCTK) gained 36% to $0.72 in pre-market trading. Glucotrack announced the completion of its strategic business combination with Lōkahi Therapeutics.
- Bluejay Diagnostics Inc (NASDAQ:BJDX) gained 37.7% to $1.68 in pre-market trading after falling more than 15% on Monday.
- Picard Medical Inc (NYSE:PMI) rose 18.4% to $0.17 in pre-market trading.
- Exicure Inc (NASDAQ:XCUR) gained 15.2% to $1.98 in pre-market trading after rising more than 4% on Tuesday.
- PayPal Holdings Inc (NASDAQ:PYPL) rose 14.6% to $54.31 in pre-market trading. Stripe and private equity firm Advent International have reportedly made a joint offer to acquire PayPal for $60.50 per share, sources said according to Reuters.
- MINISO Group Holding Ltd – ADR (NYSE:MNSO) gained 7.6% to $12.40 in pre-market trading. MINISO recently announced a HK$2 billion share repurchase program.
- United Microelectronics Corp (NYSE:UMC) shares rose 6% to $25.25 in pre-market trading.
Losers
- Vivakor inc (NASDAQ:VIVK) tumbled 33.7% to $0.20 in pre-market trading after the company announced a 1-for-20 reverse stock split.
- CN ENERGY GROUP Inc (NASDAQ:CNEY) fell 23.6% to $0.57 in pre-market trading after jumping 56% on Tuesday.
- Basel Medical Group Ltd (NASDAQ:BMGL) fell 21.2% to $6.40 in pre-market trading. Basel Medical Group recently announced that it has regained Nasdaq compliance.
- NextCure Inc (NASDAQ:NXTC) fell 20.2% to $5.25 in pre-market trading. NextCure shares jumped 202% on Tuesday after the company announced a merger with Avere Therapeutics.
- Lion Group Holding Ltd – ADR (NASDAQ:LGHL) declined 18.4% to $1.97 in pre-market trading after gaining more than 10% on Tuesday.
- Pentair PLC (NYSE:PNR) fell 17% to $62.87 in pre-market trading after the company announced the resignation of Nicholas J. Brazis as CFO, effective July 10, while naming Robert P. Fishman as interim CFO, effective July 14. The company also slashed its guidance for FY2026.
- Emerson Radio Corp (NYSE:MSN) fell 16.6% to $0.30 in pre-market trading.
- Twin Vee Powercats Co (NASDAQ:VEEE) fell 16.6% to $32.01 in pre-market trading after jumping 55% on Tuesday.
- Aeon Biopharma Inc (NASDAQ:AEON) fell 12.7% to $0.31 in pre-market trading. AEON Biopharma on Tuesday announced the pricing of its upsized $13.75 million offering.
- Phoenix Asia Holdings Ltd (NASDAQ:PHOE) shares dipped 8.8% to $23.66 in pre-market trading after gaining over 25% on Tuesday.
Photo via Shutterstock
Login to comment