The Rise and Fall: VirTra Ascends While Others Tumble in Pre-Market Trading

Shares of VirTra, Inc. VTSI surged in pre-market trading following a fourth-quarter performance that exceeded expectations.

VirTra reported GAAP earnings of 25 cents per share, surpassing market consensus of 17 cents per share. Quarterly sales stood at $10.100 million, outshining the anticipated $9.373 million as reported by Benzinga Pro.

In response, VirTra shares leaped 20% to $11.45 in pre-market trading.

Here’s a glance at the various other stocks making waves in pre-market trading.

Movers and Shakers

• XTI Aerospace, Inc. XTIA soared 121.9% to $4.57 in pre-market trading, building on a 19% surge the previous day.
• Kidpik Corp. PIK climbed 70.8% to $7.43 in pre-market trading after Kidpik and Nina Footwear announced a definitive merger agreement.
• MSP Recovery, Inc. LIFW advanced 49.9% to $0.9999 in pre-market trading following a 13G filing revealing a 6.5% stake by Palantir Technologies as of March 22, 2024.
• Serina Therapeutics, Inc. ZPTA saw its shares rise by 23.5% to $7.04 in pre-market trading after a previous decline of 62%.
• Trio Petroleum Corp. TPET gained 19.3% to $0.1232 in pre-market trading, building on a 21% increase from the previous day.
• TRACON Pharmaceuticals, Inc. TCON saw its shares rise 16.6% to $0.4799 in pre-market trading after a slight decline on Monday.
• Digital Health Acquisition Corp. DHAC surged 15.8% to $14.25 in pre-market trading, following a 5% gain the day before.
• HWH International Inc. HWH climbed 11.1% to $1.05 in pre-market trading despite a 5% decline the previous day.
• SolarMax Technology, Inc. SMXT rose 9.1% to $11.95 in pre-market trading after a 20% jump the previous day.

Downhill Trend

• Acorda Therapeutics, Inc. ACOR suffered a 58.7% drop to $5.50 in pre-market trading after canceling its scheduled earnings call and signing an asset purchase agreement with Merz.
• Gritstone bio, Inc. GRTS plummeted 32.5% to $1.58 in pre-market trading following its underwritten public offering of $32.5 million.
• Canoo Inc. GOEV dropped 24.5% to $2.92 in pre-market trading as it ventured into the Saudi commercial vehicle market with a $30 billion opportunity.
• Microvast Holdings, Inc. MVST declined 24% to $0.6799 in pre-market trading after releasing its fourth-quarter financial results.
• PVH Corp. PVH fell 23.4% to $107.00 pre-market trading following its fourth-quarter financial report and guidance.
• Aclarion, Inc. ACON tumbled 21% to $0.3241 in pre-market trading after a 24% surge the previous day. The company received a Notice of Allowance for its U.S. patent application related to diagnosing pain.
• Pioneer Power Solutions, Inc. PPSI decreased 20.2% to $4.74 in pre-market trading following its unaudited preliminary financial results.
• Avalo Therapeutics, Inc. AVTX tumbled 18.1% to $14.66 in pre-market trading after reporting disappointing FY23 EPS results.
• IM Cannabis Corp. IMCC fell 16.4% to $0.6207 in pre-market trading despite a 40% gain the previous day.
• GCT Semiconductor Holding, Inc. GCTS fell 12.6% to $15.82 in pre-market trading after a significant drop the previous day. GCT Semiconductor appointed Nelson C. Chan to its Board of Directors.

 

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