Why Intuitive Surgical Shares Are Trading Higher By Around 16%; Here Are 20 Stocks Moving Premarket

Benzinga · 10/22 09:55
Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) rose sharply in pre-market trading after the company reported better-than-expected third-quarter financial results.
Intuitive Surgical reported revenue of $2.51 billion for the third quarter, beating analyst estimates of $2.40 billion, according to Benzinga Pro. The company reported third-quarter adjusted earnings of $2.40 per share, beating analyst estimates of $1.98 per share.
Intuitive Surgical shares jumped 16.3% to $538.70 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- Beyond Meat, Inc. (NASDAQ:BYND) gained 82.1% to $6.59 in pre-market trading, continuing its rally following its addition to the Roundhill Meme Stock ETF (NYSE:MEME). The company's stock jumped 146% on Tuesday.
- Splash Beverage Group, Inc. (NASDAQ:SBEV) surged 48.4% to $2.82 in pre-market trading.
- reAlpha Tech Corp. (NASDAQ:AIRE) surged 42.9% to $1.04 in pre-market trading after jumping 61% on Tuesday.
- AiRWA Inc. (NASDAQ:YYAI) rose 37.2% to $0.1110 in pre-market trading after dipping 19% on Tuesday.
- Beneficient (NASDAQ:BENF) gained 37.2% to $0.67 in pre-market trading following the announcement that Chairman Thomas O. Hicks and Interim CEO James G. Silk converted preferred shares into common stock.
- WORK Medical Technology Group LTD (NASDAQ:WOK) surged 25.5% to $4.92 in pre-market trading. Work Medical Technology Group announced on Tuesday that it reached an investment agreement with Neologics Bioscience Inc., a Delaware-based medical tech firm focused on integrating AI and medicine.
- Vicor Corporation (NASDAQ:VICR) gained 18.4% to $77.90 in pre-market trading after the company announced better-than-expected third-quarter results.
- Krispy Kreme, Inc. (NASDAQ:DNUT) rose 18.2% to $4.39 in pre-market trading after gaining 14% on Tuesday.
- Pegasystems Inc. (NASDAQ:PEGA) rose 12.4% to $64.60 in pre-market trading after the company reported better-than-expected quarterly financial results.
Losers
- Alector, Inc. (NASDAQ:ALEC) tumbled 57.6% to $1.36 in pre-market trading after the company announced it will discontinue the open-label extension for Latozinemab and reduce its workforce by about 49%.
- Atomera Incorporated (NASDAQ:ATOM) declined 47.3% to $2.24 in pre-market trading. Atomera will announce third quarter financial results on Tuesday, Oct. 28.
- Emerson Radio Corp. (NYSE:MSN) fell 32.7% to $0.5141 in pre-market trading after jumping more than 59% on Tuesday.
- AlphaVest Acquisition Corp (NASDAQ:ATMV) shares dipped 29.4% to $9.51 in pre-market trading after jumping 62% on Tuesday.
- Newegg Commerce, Inc. (NASDAQ:NEGG) fell 22.6% to $38.70 in pre-market trading after declining 5% on Tuesday.
- rYojbaba Co., Ltd. (NASDAQ:RYOJ) fell 21.2% to $17.12 in pre-market trading after gaining 140% on Tuesday.
- Terns Pharmaceuticals, Inc. (NASDAQ:TERN) dipped 13.3% to $7.00 in pre-market trading after CEO Amy Burroughs said that the Phase 2 topline 12-week results for TERN-601 did not meet the threshold for a truly differentiated oral GLP-1RA therapy and will likely preclude further development.
- RedHill Biopharma Ltd. (NASDAQ:RDHL) fell 12.8% to $1.57 in pre-market trading after gaining 4% on Tuesday.
- Critical Metals Corp. (NASDAQ:CRML) dipped 11.3% to $14.44 in pre-market trading. Critical Metals shares fell 17% on Tuesday after the company announced an offering of 18.03 million shares.
- Netflix, Inc. (NASDAQ:NFLX) fell 6.9% to $1,156.00 in pre-market trading as the company reported downbeat third-quarter financial results Tuesday after market close.
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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.