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Why AppLovin Shares Are Trading Higher By 15%; Here Are 20 Stocks Moving Premarket

Benzinga ·  May 9 08:13

Shares ofAppLovin Corporation(NASDAQ:APP) rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter financial results.

The company posted revenue of $1.058 billion, versus estimates of $974.361 million. Its earnings came in at 67 cents per share, versus expectations of 55 cents per share, according to data from Benzinga Pro.

AppLovin shares jumped 14.8% to $85.00 in pre-market trading.

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

Gainers

  • Pop Culture Group Co., Ltd (NASDAQ:CPOP) gained 60.3% to $2.71 in pre-market trading. Pop Culture reported revenue of $24 million for the six months ended Dec. 31, 2023, up...
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