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Why DocuSign Shares Are Trading About 14% Higher; Here are 20 Stocks Making Premarket Moves – Color Star Tech (NASDAQ:ADD), Asana (NYSE:ASAN)

Why DocuSign Shares Are Trading About 14% Higher; Here are 20 Stocks Making Premarket Moves – Color Star Tech (NASDAQ:ADD), Asana (NYSE:ASAN)

Shares of DocuSign, Inc. DOCU rose sharply in pre-market trading today after the company reported better-than-expected third-quarter financial results and issued FY25 revenue guidance above estimates.

DocuSign reported third-quarter revenue of $754.8 million, beating the consensus estimate of $745.26 million. According to Benzinga Pro, the company reported third-quarter adjusted earnings of 90 cents per share, beating analyst estimates of 87 cents per share.

DocuSign shares rose 14.1% to $95.43 in premarket trading.

Here are some other stocks making moves in premarket trading.

winner

  • Universe Pharmaceuticals INC UPC rose 196.2% to $3.11 in premarket trading after falling 41% on Thursday.
  • Zhibao Technology Inc. ZBAO rose 111.7% to $5.08 in premarket trading after the company said it will work with PICC and Munich Re to develop new health insurance products in China.
  • Color Star Technology Co., Ltd. ADD rose 82.2% to $6.94 in premarket trading after the company said it had regained Nasdaq compliance.
  • Gaxos.ai Inc. GXAI rose 48.6% to $2.11 in premarket trading after gaining over 10% on Thursday.
  • The Lion Electric Company LEV rose 43.3% to $0.48 in premarket trading. Lion Electric has entered into a definitive agreement to sell the Innovation Center in Mirabel, Quebec, for a purchase price of C$50 million.
  • Primega Group Holdings Limited PGHL rose 40.1% to $1.87 in premarket trading after falling over 15% on Thursday.
  • Rubric, Inc. RBRK rose 23.2% to $66.11 in premarket trading as the company reported better-than-expected third-quarter results.
  • Asana, Inc. ASAN rose 21.3% to $18.75 in premarket trading after the company reported better-than-expected third-quarter financial results and issued FY25 guidance above estimates.
  • Satellite Logic Inc. SATL rose 12.1% to $3.52 in premarket trading after rising 20% ​​on Thursday.

loser

  • Oriental Rise Holdings Limited ORIS Shares fell $81.23 to $10.50 in premarket trading after rising 599% on Thursday.
  • zSpace, Inc. ZSPC fell 31.7% to $15.01 in premarket trading after rising 340% on Thursday.
  • Foxx Development Holdings Inc. FOXX Shares fell 24.7% to $3.73 in premarket trading after rising 55% on Thursday.
  • PainReform Ltd. PRFX Shares fell 23.4% to $3.44 in premarket trading. Shares of PainPerform rose 68% on Thursday after the company announced management changes, including the appointment of new CFOs and CEOs.
  • Virpax Pharmaceuticals, Inc VRPX fell 21.5% to $0.3069 in premarket trading, after falling around 5% on Thursday.
  • CAMP4 THERAPEUTICS CORPORATION STOCK fell 21.4% to $7.71 in premarket trading after gaining 66% on Thursday.
  • Protara Therapeutics, Inc. TARA fell 17.9% to $4.94 in premarket trading. Shares of Protare Therapeutics rose 70% on Thursday after the company announced results of its ongoing Phase 2 trial TARA-002 in patients with NMIBC.
  • Molecular Templates, Inc. MTEM fell 17.1% to $0.4472 in premarket trading after rising 60% on Thursday.
  • Mawson Infrastructure Group Inc. MIGI Shares fell 16.7% to $1.10 in premarket trading after rising 94% on Thursday.
  • Smith & Wesson Brands, Inc. SWBI fell 15.8% to $11.48 in premarket trading today after the company reported second-quarter results.

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