Nvidia Corp (NVDA) shares climbed sharply in premarket trading Thursday after the chipmaker delivered another quarter of blowout results that exceeded Wall Street's already lofty expectations.
The company posted third-quarter revenue of $57.0 billion, representing a 62% jump from the same period last year. That figure sailed past the Street consensus estimate of $54.88 billion. Beyond the earnings beat, Nvidia also issued strong revenue guidance for the current quarter, giving investors yet another reason to pile in.
Nvidia shares jumped 5.2% to $196.15 in premarket action, adding to what's already been a remarkable year for the AI chip giant.
But Nvidia wasn't the only stock making waves before the opening bell. Here's a look at 19 other companies experiencing significant premarket movement.
The Big Winners
Sonder Holdings Inc (SOND) absolutely exploded, surging 138.8% to $0.22 in premarket trading. This comes after the stock declined 9% on Wednesday. The context here matters: Sonder Holdings filed for Chapter 7 bankruptcy last week, so this massive bounce is likely speculative trading on a distressed asset.
Inspire Veterinary Partners Inc (IVP) gained 60.3% to $0.17 in premarket trading, recovering from a brutal 61% decline on Wednesday. The veterinary services company appears to be experiencing significant volatility in the wake of recent losses.
PACS Group Inc (PACS) rose 39.7% to $23.49 in premarket trading after reporting better-than-expected third-quarter sales results. When you beat estimates, investors tend to reward you, and PACS is getting that treatment this morning.
Cerence Inc (CRNC) surged 29.2% to $10.23 in premarket trading. The software company reported fourth-quarter financial results that topped expectations and issued first-quarter sales guidance that came in above analyst estimates. A double beat tends to move stocks, and Cerence is proving that rule.
InMed Pharmaceuticals Inc (INM) surged 24.3% to $1.53 in premarket trading. The Vancouver-based pharmaceutical company announced the successful completion of pharmacokinetic studies in large animal models for its Alzheimer's disease candidate INM-901, according to a Tuesday press release. Progress on a potential Alzheimer's treatment is the kind of news that can move biotech stocks substantially.
Vivakor Inc (VIVK) gained 22.1% to $0.16 in premarket trading after reporting quarterly results.
Oddity Tech Ltd (ODD) gained 20.1% to $44.62 in premarket trading. The company reported third-quarter financial results that beat expectations and raised its fiscal 2025 guidance above analyst estimates. Raising guidance is always a good sign that management sees strength ahead.
Founder Group Ltd (FGL) rose 16.9% to $0.42 in premarket trading, building on a 10% gain from Wednesday. Sometimes momentum just keeps building.
Kulicke And Soffa Industries Inc (KLIC) rose 16.2% to $41.01 in premarket trading after reporting better-than-expected fourth-quarter financial results and issuing first-quarter guidance that exceeded analyst estimates. Another quarter, another earnings beat driving a stock higher.
The Losers
WeShop Holdings Limited (WSHP) tumbled 38.8% to $122.33 in premarket trading. This decline comes after the stock jumped a staggering 506% on Wednesday. What goes up very fast often comes down nearly as quickly, especially when there's no fundamental business news driving the move.
Brera Holdings PLC (SLMT) declined 35.5% to $3.73 in premarket trading after falling 13% on Wednesday. The sell-off appears to be continuing for the sports-focused investment company.
Meihua International Medical Tech Co Ltd (MHUA) fell 23.8% to $0.18 in premarket trading after announcing a 1-for-100 reverse stock split. Reverse splits are typically implemented to boost a stock's per-share price to meet exchange listing requirements, but investors often view them negatively as a sign of distress.
JX Luxventure Group Inc (JXG) dipped 13.8% to $0.39 in premarket trading after declining 13% on Wednesday. The luxury goods company is extending its recent losing streak.
Vizsla Silver Corp (VZLA) fell 12.6% to $4.08 in premarket trading after announcing the pricing of a $250 million convertible senior notes offering. Convertible debt offerings can dilute existing shareholders, which often leads to immediate selling pressure.
Haoxin Holdings Ltd (HXHX) shares dipped 12.6% to $0.69 in premarket trading after gaining more than 40% on Wednesday. Like WeShop, this looks like a case of giving back some of the previous day's outsized gains.
XChange TEC.INC (XHG) dipped 12.4% to $0.98 in premarket trading after gaining 29% on Wednesday. Another stock that's retreating after a strong Wednesday session.
SMX (Security Matters) PLC (SMX) fell 11.6% to $4.51 in premarket trading, though no specific catalyst was immediately apparent for the decline.
FinVolution Group (FINV) fell 5.6% to $5.23 in premarket trading following third-quarter results. The fintech company's earnings report apparently didn't impress investors.
Palo Alto Networks Inc (PANW) fell 4.6% to $190.90 in premarket trading, which might seem counterintuitive at first glance. The cybersecurity giant reported upbeat first-quarter financial results for fiscal 2026 and raised its fiscal 2026 guidance. The company also announced it entered into a definitive agreement to acquire Chronosphere, a next-generation observability platform built to scale with AI. So why the decline? Markets can be funny that way—sometimes even good news gets sold off if expectations were too high or if investors are concerned about acquisition costs.