Why Oracle Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket

Shares of Oracle Corporation (NYSE:ORCL) rose sharply in today's pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued upbeat outlook commentary.

The company reported fourth-quarter revenue of $15.9 billion, beating analyst estimates of $15.58 billion. The company reported fourth-quarter adjusted earnings of $1.70 per share, beating analyst estimates of $1.64 per share, according to Benzinga Pro.

Oracle shares jumped 7.6% to $189.99 in the pre-market trading session.

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

Gainers

• Healthcare Triangle, Inc. (NASDAQ:HCTI) surged 141.3% to $0.0222 in pre-market trading after gaining 28% on Wednesday.
• Greenlane Holdings, Inc. (NASDAQ:GNLN) shares jumped 78% to $0.0137 in pre-market trading after adding 8% on Wednesday.
• Creative Global Technology Holdings Limited (NASDAQ:CGTL) jumped 73.4% to $1.60 in pre-market trading.
• Graphjet Technology (NASDAQ:GTI) gained 26.6% to $0.0814 in pre-market trading. Graphjet Technology, on June 11, submitted appeal to the Nasdaq Requesting hearing before Hearings Panel.
• Zhongchao Inc. (NASDAQ:ZCMD) climbed 24.1% to $1.29 in pre-market trading after dipping 22% on Wednesday.
• Houston American Energy Corp. (NYSE:HUSA) rose 22.2% to $6.65 in pre-market trading after jumping 24% on Wednesday.
• Liminatus Pharma, Inc. (NASDAQ:LIMN) rose 21.8% to $13.53 in pre-market trading after dipping 50% on Wednesday.
• Applied Optoelectronics, Inc. (NASDAQ:AAOI) surged 14.7% to $18.70 in pre-market trading after the company announced the first volume shipment of data center transceivers to a hyperscale customer.
• Solid Power, Inc. (NASDAQ:SLDP) gained 13.4% to $2.12 in pre-market trading after jumping 15% on Wednesday.

Losers

• Intensity Therapeutics, Inc. (NASDAQ:INTS) shares tumbled 47.7% to $0.3020 in pre-market trading after the company announced a proposed public offering.
• Helius Medical Technologies, Inc. (NASDAQ:HSDT) dipped 42.5% to $0.6397 in pre-market trading. Helius Medical Technologies shares gained 31% on Wednesday after the company announced an authorized claim for payment for the PoNS Device from Aetna Healthcare.
• Catheter Precision, Inc. (NASDAQ:VTAK) shares fell 30.2% to $0.4223 in pre-market trading after jumping 165% on Wednesday.
• Jupiter Neurosciences, Inc. (NASDAQ:JUNS) declined 19.6% to $1.60 in pre-market trading after jumping 106% on Wednesday.
• Hycroft Mining Holding Corporation (NASDAQ:HYMC) declined 19.5% to $3.43 in pre-market trading after the company announced a $40 million public offering of units.
• Distoken Acquisition Corporation (NASDAQ:DIST) fell 18.8% to $16.00 in pre-market trading after jumping 64% on Wednesday.
• Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) dipped 17% to $31.32 in pre-market trading. Tonix Pharmaceuticals may sell up to $150 million in common stock.
• 707 Cayman Holdings Limited (NASDAQ:JEM) declined 17% to $5.76 in pre-market trading after jumping 73% on Wednesday.
• GameStop Corp. (NYSE:GME) fell 12.4% to $24.97 in pre-market trading after the company announced a $1.75 billion proposed private offering of convertible senior notes.
• Oxford Industries, Inc. (NYSE:OXM) fell 10.1% to $44.99 in pre-market trading. Oxford Industries reported in-line earnings for the first quarter and issued second-quarter earnings guidance below estimates.

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