Sunday, October 13, 2024
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Why Levi Strauss Shares Are Trading Lower By Over 10%; Here Are 20 Stocks Moving Premarket

Shares of Levi Strauss & Co. LEVI fell sharply in today’s pre-market trading following third-quarter results.

Levi Strauss posted better-than-expected earnings for its third quarter, while sales missed estimates. The company said it sees fiscal year 2024 adjusted earnings at a mid-point of between $1.17 and $1.27 per share, versus the $1.25 estimate.

Levi Strauss shares dipped 10.6% to $18.80 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

Gainers

  • Conduit Pharmaceuticals Inc. CDT shares rose 47.3% to $0.1399 in pre-market trading after dipping around 10% on Wednesday.
  • MicroAlgo Inc. MLGO rose 42% to $0.4399 in pre-market trading after gaining 22% on Wednesday.
  • Wheeler Real Estate Investment Trust, Inc. WHLR gained 30.4% to $17.46 in pre-market trading after jumping around 99% on Wednesday.
  • Mynaric AG MYNA shares rose 11.2% to $1.49 in pre-market trading. Mynaric secured $5.5 million bridge loan and receipt of $5.5 million manufacturing readiness milestone payment to meet immediate working capital needs.
  • AMTD Digital Inc. HKD rose 10% to $4.30 in pre-market trading after surging 22% on Wednesday.
  • Flux Power Holdings, Inc. FLUX gained 8.8% to $3.20 in pre-market trading.
  • AirNet Technology Inc. ANTX shares gained 7.9% to $0.4056 in pre-market trading after surging 17% on Wednesday.
  • Graphex Group Limited GRFX shares surged 7.8% to $0.2297 in pre-market trading after jumping around 20% on Wednesday.
  • VCI Global Limited VCIG shares jumped 7.7% to $0.1418 in pre-market trading after dipping around 18% on Wednesday. VCI Global recently secured new investment commitment of $30 million from Alumni Capital.
  • ENDRA Life Sciences Inc. NDRA shares gained 6.2% to $0.2148 in pre-market trading.

Losers

  • EON Resources Inc. EONR shares dipped 17.7% to $1.35 in pre-market trading after falling 8% on Wednesday.
  • Soligenix, Inc. SNGX fell 17.7% to $4.00 in today’s pre-market trading. Soligenix shares jumped around 28% on Wednesday following a report suggesting that police cordoned off two tracks at a Germany train station due to fears that a traveler was infected by the Marburg virus. The company, in April 2024, announced that the FDA granted it an orphan drug designation for the active ingredient in MarVax.
  • Fangdd Network Group Ltd. DUO fell 17.8% to $3.60 in pre-market trading after jumping 29% on Wednesday.
  • MicroCloud Hologram Inc. HOLO shares fell 17.7% to $0.2830 in pre-market trading after declining 12% on Wednesday. MicroCloud Hologram announced results of its 2024 annual general meeting of the shareholders.
  • Kaixin Holdings KXIN fell 17.4% to $0.2821 in pre-market trading after jumping 172% on Wednesday.
  • MMTec, Inc. MTC declined 14.6% to $0.6550 in pre-market trading after jumping around 64% on Wednesday.
  • ZW Data Action Technologies Inc. CNET shares declined 14.3% to $2.33 in pre-market trading after dipping around 18% on Wednesday.
  • Youdao, Inc. DAO shares fell 9.2% to $5.40 in pre-market trading after jumping around 38% on Wednesday.
  • CNFinance Holdings Limited CNF shares fell 9% to $2.25 in pre-market trading after jumping around 27% on Wednesday.

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