Shares of SiTime Corp (NASDAQ:SITM) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results.
SiTime reported quarterly earnings of $2.34 per share which beat the analyst consensus estimate of $1.95 per share. The company reported quarterly sales of $157.432 million which beat the analyst consensus estimate of $146.377 million.
SiTime shares jumped 30.7% to $710.01 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Photo via Shutterstock