Why Planet Labs Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket

Shares of Planet Labs PBC (NYSE:PL) rose sharply in pre-market trading after the company reported better-than-expected fourth-quarter sales results and issued FY27 guidance above estimates. Planet Labs reported quarterly revenue of $86.82 million, which beat the consensus estimate of $78.53 million and was up from $61.55 million in the same period last year, according to Benzinga Pro. Planet Labs shares jumped 16.8% to $31.50 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers JIADE Ltd (NASDAQ:JDZG) surged 45.6% to $0.11 in pre-market trading. JIADE shares fell 20% on Thursday after the company announced a 1-for-25 reverse stock split. Azitra Inc (NYSE:AZTR) gained 42.8% to $0.25 in pre-market trading. The clinical-stage company announced a securities purchase agreement with healthcare-focused institutional investors for gross proceeds of up to $31.4 million. YY Group Holding Ltd (NASDAQ:YYGH) gained 29.8% to $0.039 in pre-market trading. YY Group Holding shares dipped 32% on Thursday after the company announced a 50-for-1 reverse stock split. Dermata Therapeutics Inc (NASDAQ:DRMA) gained 27.3% to $1.54 in pre-market trading after the U.S. Patent and Trademark Office issued the company a notice of allowance for a U.S. patent titled “COMPOSITIONS FOR THE TREATMENT OF SKIN CONDITIONS” Meiwu Technology Co Ltd (NASDAQ:WNW) gained 24.6% to $0.15 in pre-market trading after dipping 40% on Thursday. Republic Power Group Ltd (NASDAQ:RPGL) gained 19.8% to $0.63 in pre-market trading after falling 12% on Thursday. 707 Cayman Holdings Ltd (NASDAQ:JEM) rose 17.3% to $0.10 in pre-market trading after falling 5% on Thursday. FedEx Corp (NYSE:FDX) gained 10.4% to $393.26 in pre-market trading after the company reported better-than-expected third-quarter financial results and raised its FY26 adjusted EPS guidance above estimates. Firefly Aerospace Inc (NASDAQ:FLY) surged 8.8% to $25.00 in pre-market trading after the company reported better-than-expected quarterly financial results. Losers Bimergen Energy Corp (NYSE:BESS) tumbled 21.9% to $2.25 in pre-market trading after gaining more than 5% on Thursday. Super Micro Computer Inc (NASDAQ:SMCI) dipped 20.3% to $24.55 in pre-market trading following an announcement from the U.S. Department of Justice that three individuals were charged in an alleged scheme to unlawfully export artificial intelligence technology to China. The individuals included the co-founder of the company, Yih-Shyan "Wally" Liaw, Ruei-Tsang "Steven" Chang, a sales manager in Taiwan and Ting-Wei "Willy" Sun, a contractor Green Circle Decarbonize Technology Ltd (NYSE:GCDT) fell 14.4% to $1.11 in pre-market trading after declining 33% on Thursday. China Natural Resources Inc (NASDAQ:CHNR) fell 11.9% to $3.84 in pre-market trading. China Natural Resources shares jumped 32% on Thursday after the company announced that it has signed a non-binding Letter of Intent to acquire a majority stake in HooRii Technology. Oriental Rise Holdings Ltd (NASDAQ:ORIS) dipped 10.2% to $0.47 in pre-market trading after gaining 22% on Thursday. Linkers Industries Ltd (NASDAQ:LNKS) fell 10% to $0.79 in pre-market trading after jumping 51% on Thursday. Linkers Industries recently announced it regained Nasdaq compliance. Kandi Technologies Group Inc (NASDAQ:KNDI) declined 9.9% to $0.89 in pre-market trading. Wetour Robotics Ltd (NASDAQ:WETO) fell 7.6% to $0.64 in pre-market trading after jumping 65% on Thursday. Wetour Robotics recently announced it filed for a $100 million multi-security offering. Unusual Machines Inc (NYSE:UMAC) fell 7.5% to $17.21 in pre-market trading after the company announced a proposed public offering. Navigator Holdings Ltd (NYSE:NVGS) shares dipped 6.1% to $18.00 in pre-market trading after the company commenced secondary offering of 70 million common stock on behalf of BW Group. Photo via Shutterstock