Why Blaize Holdings Shares Are Trading Higher By Around 41%; Here Are 20 Stocks Moving Premarket

Shares of Blaize Holdings Inc (NASDAQ:BZAI) rose sharply in pre-market trading after the company reported better-than-expected quarterly financial results. In the fourth quarter, Blaize Holdings posted a net loss of $3.2 million, down from a loss of $26.3 million in the preceding quarter. The company said its revenue for the quarter rose to more than twice the level reported in the third quarter. Fourth-quarter revenue also exceeded the upper end of company guidance. Blaize Holdings shares jumped 41.3% to $1.57 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers JFB Construction Holdings (NASDAQ:JFB) gained 92.8% to $18.93 in pre-market trading after dipping 47% on Tuesday. JFB Construction recently announced that its XTEND unit has successfully demonstrated its proprietary systems’ performance in combat-relevant testing environments and confirmed they meet U.S. government operational requirements. iTonic Holdings Ltd (NASDAQ:ITOC) gained 69.4% to $0.48 in pre-market trading after the Beijing-based company announced a $20 million private placement offering. Nft Ltd (NYSE:MI) gained 41.6% to $0.40 in pre-market trading after dipping 16% on Tuesday. UTime Ltd (NASDAQ:WTO) rose 28.2% to $3.49 in pre-market trading after gaining 10% on Tuesday. Next Technology Holding Inc (NASDAQ:NXTT) gained 25% to $1.25 in pre-market trading after dipping 33% on Tuesday. Braze Inc (NASDAQ:BRZE) rose 23.3% to $22.24 in pre-market trading after the company reported better-than-expected fourth-quarter sales results. Also, the company announced a $100 million buyback program. TOP Financial Group Ltd (NASDAQ:TOP) surged 22.2% to $0.76 in pre-market trading after dipping 19% on Wednesday. Destiny Tech100 Inc (NYSE:DXYZ) gained 14.7% to $30.38 in pre-market trading after gaining 9% on Tuesday. Kodiak AI Inc (NASDAQ:KDK) rose 14% to $8.36 in pre-market trading. Losers Visionary Holdings Inc (NASDAQ:GV) fell 23.6% to $0.19 in pre-market trading after dipping over 25% on Tuesday. LI Bang International Corporation Inc (NASDAQ:LBGJ) dipped 21.2% to $0.016 in pre-market trading after the company announced a 1-for-100 reverse share split. U Power Ltd (NASDAQ:UCAR) tumbled 19.7% to $0.092 in pre-market trading following the company’s announcement of a share consolidation. PMGC Holdings Inc (NASDAQ:ELAB) fell 16.3% to $2.42 in pre-market trading. PMGC Holdings shares fell 22% on Tuesday after the company announced that its subsidiary, SVM Machining, has completed International Traffic in Arms Regulations registration, which may further enable SVM to pursue defense and aerospace programs that require compliance with U.S. export-control standards. Linkers Industries Ltd (NASDAQ:LNKS) dipped 13.5% to $0.030 in pre-market trading after falling 64% on Tuesday. Univest Securities, LLC announced closing of $16 million best efforts public offering for its client Linkers Industries Limited. Draganfly Inc (NASDAQ:DPRO) fell 11.4% to $5.60 in pre-market trading after reporting weak quarterly results. Absci Corp (NASDAQ:ABSI) shares dipped 11% to $2.68 in pre-market trading after the company reported worse-than-expected quarterly sales results. Creative Media & Community Trust Corp (NASDAQ:CMCT) fell 8.1% to $0.081 in pre-market trading. Creative Media recently announced a 1-for-10 reverse stock split. DigitalOcean Holdings Inc (NYSE:DOCN) declined 7.4% to $78.63 in pre-market trading after the company announced a $700 million offering. Intrepid Potash Inc (NYSE:IPI) fell 4.8% to $39.82 in pre-market trading after gaining around 8% on Tuesday. Photo via Shutterstock