Why Doximity Shares Are Trading Higher By 14%; Here Are 20 Stocks Moving Premarket
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 17 2024
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Source: Benzinga
- Doximity Financial Results: Doximity, Inc. reported strong fourth-quarter financial results with revenue up 6% year-over-year and adjusted earnings beating analyst estimates.
- Doximity Stock Performance: Shares of Doximity rose by 13.7% to $27.00 in pre-market trading following the positive financial results.
- Other Stocks Moving: Several other stocks experienced significant movements in pre-market trading, including Akanda Corp., Fangdd Network Group Ltd., Crown ElectroKinetics Corp., Bruush Oral Care Inc., Greenwave Technology Solutions, Faraday Future Intelligent Electric Inc., Kaixin Holdings, Nukkleus Inc., Reddit, Inc., AmpliTech Group, Inc., E-Home Household Service Holdings Limited, DXC Technology Company, OptiNose, Inc., Bridgeline Digital Inc., Cracker Barrel Old Country Store, Inc., Warrantee Inc., Lucy Scientific Discovery Inc., Edible Garden AG Incorporated, and Tellurian Inc.
- Stock Gains: Notable stock gains included Akanda Corp., Fangdd Network Group Ltd., Crown ElectroKinetics Corp., Bruush Oral Care Inc., Greenwave Technology Solutions, Faraday Future Intelligent Electric Inc., Kaixin Holdings, Nukkleus Inc., and Reddit, Inc.
- Stock Declines: Some stocks experienced declines, such as AmpliTech Group, Inc., E-Home Household Service Holdings Limited, DXC Technology Company, OptiNose, Inc., Bridgeline Digital Inc., Cracker Barrel Old Country Store, Inc., Warrantee Inc., Lucy Scientific Discovery Inc., Edible Garden AG Incorporated, and Tellurian Inc.
- Upcoming Stocks to Watch: The article mentions Applied Materials, RBC Bearings, and three other stocks to watch heading into Friday for potential market movements.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
