CNEY

Upcoming Stock Splits: Several companies, including Aryzta AG and Presidio Property Trust, are set to implement reverse stock splits between May 19 and May 23 to comply with Nasdaq listing requirements or attract more investors.

Types of Stock Splits: The article explains the difference between regular stock splits, which increase the number of shares and lower share prices, and reverse stock splits, which consolidate shares to raise the price per share without affecting total market value.

Porch Group Financial Results: Porch Group, Inc. shares surged 21.4% in pre-market trading after reporting better-than-expected first-quarter earnings of 8 cents per share and sales of $104.75 million, along with raising its FY25 sales guidance above estimates.

Market Movers: Several stocks experienced significant movements in pre-market trading, including Magic Empire Global Limited (+77.3%), CuriosityStream Inc. (+24.2%), and notable declines for Vast Renewables Limited (-62.5%) and WW International, Inc. (-46.8%).

Twilio's Financial Performance: Twilio Inc. shares surged 9.3% in pre-market trading after reporting first-quarter earnings of $1.14 per share, exceeding analyst expectations of $0.94, along with sales of $1.17 billion, surpassing the $1.14 billion estimate.

Market Movements: Several stocks experienced significant pre-market trading changes, including CN Energy Group rising 78.4% and Block, Inc. dropping 21.9% following their respective financial results announcements.