Shares of La-Z-Boy Inc (NYSE:LZB) rose sharply in pre-market trading after the company after the company reported better-than-expected fourth-quarter financial results and announced a $300 million share buyback.
EPS for the quarter for La-Z-Boy in the fourth quarter came in at $1.26, crushing the analyst estimate of 82 cents. The company posted a revenue of $570.34 million, surpassing the estimate of $569.23 million
La-Z-Boy shares jumped 19.6% to $41.94 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Lunai Bioworks Inc (NASDAQ:LNAI) gained 153.1% to $7.20 in pre-market trading after the AI-powered biotechnology and biodefense company disclosed via a Securities and Exchange Commission filing that Nasdaq confirmed it had regained compliance with the exchange's minimum bid price requirement of $1.00 per share.
- NewGenIvf Group Ltd (NASDAQ:NIVF) rose 102.7% to $1.42 in pre-market trading after gaining 20% on Tuesday. NewGen eliminated convertible note and warrant overhang with a significant investor, entering into settlement agreement strengthening capital structure.
- Cre8 Enterprise Ltd (NASDAQ:CRE) gained 59% to $5.20 in pre-market trading after adding 4% on Tuesday.
- Sadot Group Inc (NASDAQ:SDOT) gained 53.3% to $13.30 in pre-market trading after dipping 63% on Tuesday.
- Micropolis Holding Company (NYSE:MCRP) jumped 44.2% to $3.00 in pre-market trading after the UAE-based autonomous robotics developer announced a five-year agreement with Abu Dhabi's Department of Municipalities and Transport.
- Regentis Biomaterials Ltd (NYSE:RGNT) rose 39.3% to $8.50 in pre-market trading after declining around 35% on Tuesday. Regentis Biomaterials recently announced it had filed a request with the SEC to withdraw its Form F-1 registration statement and decided not to proceed with the proposed public offering.
- Tianci International Inc (NASDAQ:CIIT) gained 38.9% to $0.61 in pre-market trading after dipping 70% on Tuesday. Tianci said it priced a registered offering of 6.05 million units at $0.81 per unit, expected to raise approximately $4.9 million in gross proceeds.
- Golden Heaven Group Holdings Ltd (NASDAQ:GDHG) rose 33% to $2.13 in pre-market trading.
- Standard Biotools Inc (NASDAQ:LAB) gained 10.7% to $0.92 in pre-market trading.
Losers
- Aditxt Inc (NASDAQ:ADTX) tumbled 27.5% to $0.0079 in pre-market trading after a new SEC Form 4 filing showed major shareholder HRT Financial LP purchased millions of shares.
- Liberty Latin America Ltd (NASDAQ:LILA) fell 26.7% to $5.71 in pre-market trading.
- Star Fashion Culture Holdings Ltd (NASDAQ:STFS) fell 22.8% to $6.31 in pre-market trading.
- Myseum AI Inc (NASDAQ:MYSE) declined 16.4% to $1.92 in pre-market trading. Myseum.AI announced it signed a Non-Binding Letter of Intent with Scanon.ai Systems to explore a development partnership for AI-powered social media content moderation and management intelligence tools.
- Interactive Strength Inc (NASDAQ:TRNR) fell 16.1% to $0.61 in pre-market trading after jumping 37% on Tuesday. Interactive Strength affirmed preliminary second-quarter sales guidance of $8.000 million, versus market estimates of $5.157 million.
- Veraxa Biotech AG (NASDAQ:VRXA) fell 12.4% to $8.29 in pre-market trading after declining 59% on Tuesday.
- Nexentis Technologies Inc (NASDAQ:NXTS) fell 10.7% to $5.20 in pre-market trading after gaining 5% on Tuesday.
- SL Science Holding Ltd (NASDAQ:SLBT) declined 10.4% to $7.95 in pre-market trading after surging 167% on Tuesday.
- Qualys Inc (NASDAQ:QLYS) shares dipped 5.6% to $107.26 in pre-market trading.
- Lionsgate Studios Corp (NYSE:LION) fell 4.7% to $15.60 in pre-market trading after jumping 14% on Tuesday.
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