Shares of AeroVironment, Inc. (NASDAQ:AVAV) rose sharply in pre-market trading after the company reported better-than-expected financial results for the fourth quarter of fiscal 2026.
AeroVironment guided for fiscal 2027 revenue of approximately $2.13 billion to $2.23 billion, versus estimates of $2.19 billion. The company anticipates fiscal 2027 adjusted earnings of $3.02 to $3.34 per share versus estimates of $3.98 per share.
AeroVironment shares jumped 21.4% to $168.70 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- 707 Cayman Holdings Ltd (NASDAQ:JEM) rose 138% to $2.57 in pre-market trading after the company named Robin Hoksnes Karlsen as an executive director of the Company and entered into the Company’s standard form of director agreement.
- BTC Digital Ltd (NASDAQ:BTCT) rose 78.6% to $1.22 in pre-market trading after the company announced closing of private placement financing of up to $28 million, accelerating the expansion of its AI computing business.
- Intrusion Inc (NASDAQ:INTZ) gained 49.9% to $1.02 in pre-market trading as the company announced acquisition of VigilAigent.
- Paranovus Entertainment Technology Ltd (NASDAQ:PAVS) rose 42.1% to $8.74 in pre-market trading after dipping over 15% on Monday. Paranovus Entertainment Technology recently announced a 1-for-100 reverse stock split.
- Abivax SA (NASDAQ:ABVX) gained 33.7% to $128.59 in pre-market trading after the company reported positive ABTECT maintenance Part 2 Results for obefazimod, demonstrating meaningful clinical benefit in refractory ulcerative colitis patients and strengthening the Phase 3 maintenance safety database.
- Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT) gained 19.5% to $1.84 in pre-market trading.
- Freecast Inc (NASDAQ:CAST) gained 15.8% to $6.49 in pre-market trading after the company expanded telecommunications and broadband partner portfolio with addition of Florida fiber provider WIRE3.
- RoboStrategy Inc (NASDAQ:BOT) jumped 14.2% to $38.00 in pre-market trading. RoboStrategy shares gained 6% on Monday after the company announced a $34 million placement of 1.347 million shares to institutional investors at $25.17 per share.
- SharonAI Holdings Inc (NASDAQ:SHAZ) gained 13% to $91.55 in pre-market trading after the company announced the closing of a $1.6 billion strategic financing.
Losers
- Sunlands Technology Group – ADR (NYSE:STG) tumbled 39.9% to $2.43 in pre-market trading after declining 5% on Monday.
- GMEX Robotics Corp (NASDAQ:GMEX) fell 35.3% to $0.36 in pre-market trading after announcing a share consolidation.
- TNL Mediagene (NASDAQ:TNMG) fell 28.3% to $0.72 in pre-market trading. TNL Mediagene shares jumped 109% on Monday after the company announced that “Keychron Orca echo” generated gross merchandise value exceeding ¥300 million within five days of launch
- Decoy Therapeutics Inc (NASDAQ:DCOY) shares dipped 26% to $7.10 in pre-market trading after gaining 74% on Monday. The company announced a $21 million private placement financing with a healthcare investor at $5.91 per share.
- Nuvectis Pharma Inc (NASDAQ:NVCT) fell 24.5% to $21.50 in pre-market trading after the company announced pricing of $100 million public offering of common stock.
- Concentrix Corp (NASDAQ:CNXC) fell 24% to $19.19 in pre-market trading after the company reported worse-than-expected second-quarter financial results and cut its FY26 guidance below estimates.
- Universe Pharmaceuticals Inc (NASDAQ:UPC) fell 22.8% to $9.39 in pre-market trading. Universe Pharmaceuticals shares jumped 311% on Monday after the company announced it will acquire Best Praise International for $10.75 million.
- Veea Inc (NASDAQ:VEEA) declined 22.5% to $0.20 in pre-market trading. Veea recently filed a prospectus to offer and sell up to $75 million in securities.
- Mama’s Creations Inc (NASDAQ:MAMA) fell 11% to $18.39 in pre-market trading as the company announced pricing of $100 million public offering of common stock.
- Vishay Intertechnology Inc (NYSE:VSH) fell 8.4% to $51.57 in pre-market trading as the company announced pricing of public offering of common stock.
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