Why Meta Shares Are Trading Higher By Around 6%; Here Are 20 Stocks Moving Premarket

Shares of Meta Platforms, Inc. META rose sharply in pre-market trading after the company posted upbeat results for its first quarter.

The company reported first-quarter earnings of $6.43 per share, easily beating analyst estimates of $5.21 per share. Meta expects second-quarter revenue to be in the range of $42.5 billion to $45.5 billion versus Benzinga Pro estimates of $44.06 billion.

Meta shares jumped 6.1% to $582.50 in pre-market trading

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

Gainers

• NanoVibronix, Inc. NAOV rose 81.8% to $5.20 in pre-market trading after dipping around 23% on Wednesday.
• LogicMark, Inc. LGMK surged 48.8% to $0.0259 in pre-market trading after gaining over 6% on Wednesday.
• Pineapple Financial Inc. PAPL gained 27.8% to $0.2750 in pre-market trading.
• E2open Parent Holdings, Inc. ETWO surged 27.4% to $2.51 in pre-market trading. E2open Parent Holdings shares fell 6% on Wednesday after the company reported worse-than-expected fourth-quarter sales results.
• Interactive Strength Inc. TRNR jumped 19.1% to $0.7695 in pre-market trading after the company issued shareholder update on 2025 developments.
• Alset Inc. AEI gained 9.5% to $1.04 in pre-market trading.
• Microsoft Corporation MSFT rose 8.2% to $427.72 in pre-market trading after the company reported better-than-expected third-quarter financial results.
• Arista Networks Inc ANET gained 7.7% to $88.61 in pre-market trading.
• Schneider National, Inc. SNDR gained 7% to $23.00 in pre-market trading.

Losers

• biote Corp. BTMD shares dipped 46% to $1.80 in pre-market trading. biote will provide first quarter financial results after the closing bell on Wednesday, May 7.
• Super Group (SGHC) Limited SGHC shares fell 23.3% to $6.22 in pre-market trading.
• Coya Therapeutics, Inc. COYA shares fell 20.3% to $5.25 in pre-market trading after gaining 8% on Wednesday.
• NextNav Inc. NN fell 18.5% to $10.12 in pre-market trading.
• Potbelly Corporation PBPB fell 13.6% to $7.00 in pre-market trading. Potbelly will hold a conference call to discuss first quarter results on May 7.
• Vestis Corporation VSTS shares tumbled 13.2% to $7.60 in pre-market trading. Vestis will report its fiscal second quarter earnings results after the closing bell on Tuesday, May 6.
• Reservoir Media, Inc. RSVR declined 13.2% to $6.51 in pre-market trading.
• Zhengye Biotechnology Holding Limited ZYBT dipped 11.1% to $8.10 in pre-market trading.
• Confluent, Inc. CFLT fell 10.3% to $21.35 in pre-market trading as the company reported first-quarter financial results.
• QUALCOMM Incorporated QCOM fell 5.3% to $140.57 in today’s pre-market trading as the company reported second-quarter financial results.

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