Why Mitek Systems Shares Are Trading Higher By Around 19%; Here Are 20 Stocks Moving Premarket
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2024
0mins
Source: Benzinga
Mitek Systems Performance: Mitek Systems, Inc. shares surged 18.8% in pre-market trading after reporting fourth-quarter earnings of 33 cents per share, significantly exceeding the analyst estimate of 17 cents, along with sales of $43.222 million surpassing expectations.
Stock Movements: Several stocks experienced notable pre-market movements, with Syntec Optics Holdings gaining 59%, while Reviva Pharmaceuticals saw a decline of 29.6% following an announcement of a public offering.
Analyst Views on WBUY
About WBUY
Webuy Global Ltd is a community-oriented electronic commerce retailer. The Company is focused on grocery and travel. The Company offers a wide range of products on its platform, including food and beverages, fresh produce, as well as lifestyle and other personal care items. It is also engaged in sales and purchases of products or services, supply chain management, electronic funds transfer, Internet marketing, online transaction processing, electronic data interchange, inventory management systems, and automated data collection systems. Its geographic areas include Singapore, Indonesia, and Malaysia. The Company provides products and services to customers who are part of a group purchase or purchase them individually. The Company’s subsidiaries include New Retail International Pte. Ltd., The Shopaholic Bear Pte Ltd., Bear Bear Pte. Ltd., and PT Webuy Social Indonesia.
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.
