Actions of TransMedics Group, Inc. TMDX rose sharply in premarket trading today after the company reported better-than-expected fourth-quarter financial results and issued strong guidance.
The company posted quarterly earnings of 12 cents per share, compared to market estimates of a loss of 3 cents per share. The company's quarterly sales came in at $81.17 million versus expectations of $68.51 million.
TransMedics Group shares rose 23.5% to $96.00 in pre-market trading
Below are some other stocks moving in premarket trading.
Winners
- Janux Therapeutics, Inc. JANX gained 85.5% to $28.01 in pre-market trading after the company announced updated clinical data for its two clinical programs.
- PubMatic, Inc. PUBM Shares rose 35.7% to $22.49 in premarket trading after the company reported better-than-expected fourth-quarter financial results and issued strong guidance.
- Galera Therapeutics, Inc. GRTX Shares gained 37% to $0.2630 in premarket trading. Yair Schneid, who owns 10% of Galera Therapeutics, acquired a total of 932,402 shares at an average price of $0.18.
- Infobird Co., Ltd. IFBD Shares rose 36.2% to $3.76 in premarket trading after falling 27% on Monday. Infobird announced a delay in the effective date of the reverse split to March 4, 2024.
- Surf Air Mobility Inc. SRFM Shares rose 31.1% to $1.39 in premarket trading. Surf Air Mobility Inc.'s 13G filing showed that Palantir Technologies Inc. reported a 7.1% stake in the company as of February 15, 2024.
- Advent Technologies Holdings, Inc. dna gained 24.8% to $0.2810 in pre-market trading after jumping more than 38% on Monday.
- ZyVersa Therapeutics, Inc. ZVSA gained 22.2% to $1.32 in pre-market trading after rising about 35% on Monday.
- Earlyworks Co., Ltd. ELWS Shares rose 21.4% to $0.7150 in premarket trading after gaining 4% on Monday.
- His & Hers Health, Inc. HE rose 20% to $12.30 in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued strong guidance.
Losers
- Aaron's Company, Inc. IN Shares fell 27% to $7.64. Aaron's reported a loss for the fourth quarter, while sales missed estimates.
- NRx Pharmaceuticals, Inc. NRXP Shares fell 25.2% to $0.32 in premarket trading after the company announced a proposed underwritten public offering of common stock.
- Intuitive Machines, Inc. MON fell 19.8% to $5.03 in pre-market trading. Intuitive Machines said communications with the Odysseus lunar lander are expected to cease Tuesday morning, effectively ending the mission 5 days after landing, Reuters reported.
- Software Unit Inc. You fell 17.7% to $27.18 in pre-market trading after the company reported mixed financial results for its fourth quarter. The company said it expects first-quarter strategic pipeline revenue in the range of $415 million to $420 million.
- BioSig Technologies, Inc. BSGM Shares fell 16.5% to $0.40 in premarket trading after jumping more than 51% on Monday.
- CarGurus, Inc. BURDEN Shares fell 14.3% to $20.47 in premarket trading after the company reported fourth-quarter financial results.
- Gaxos.ai Inc. GAY fell 14.3% to $0.5609 in pre-market trading after jumping 25% on Monday.
- Telesis Bio, Inc. TBIO fell 12% to $0.5811 in pre-market trading after falling 15% on Monday. Telesis Bio said it forecasts preliminary total consolidated revenue for 2023 of $27.5 million.
- Pineapple Energy Inc. peggy Shares fell 11.4% to $0.0720 in premarket trading. On February 5, Pineapple Energy priced a registered direct offering of common stock worth $1 million.
- Nyxoah SA NYXH fell 10.7% to $13.73 in pre-market trading. Nyxoah is expected to release fourth quarter financial results on March 5, 2024.
Now read this: Macy's, Lowe's and 3 stocks to watch for Tuesday
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