Why United Rentals Shares Are Trading Higher By Around 15%; Here Are 20 Stocks Moving Premarket
Avi Kapoor 6 months ago
NewsPre-Market OutlookMarketsMoversTrading Ideas
United Rentals (URI) stock rose in pre-market trading after reporting better-than-expected earnings and raising its FY26 sales guidance. Other gainers include PAPL, AKAN, YCBD, SST, MEHA, QS, BIVI, TRT, and TXN. Losers include ASGN, AGPU, AEHL, and ME.
Shares of United Rentals Inc (NYSE:URI) rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results and raised its FY26 sales guidance.
United Rentals reported quarterly earnings of $9.71 per share which beat the analyst consensus estimate of $8.97 per share. The company reported quarterly sales of $3.985 billion which beat the analyst consensus estimate of $3.877 billion.
United Rentals shares jumped 14.6% to $920.05 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Pineapple Financial Inc (NYSE:PAPL) gained 55% to $0.93 in pre-market trading after the company announced it expanded its share buyback program to $15 million.
- Akanda Corp (NASDAQ:AKAN) gained 44% to $14.70 in pre-market trading after jumping 214% on Wednesday.
- cbdMD Inc (NYSE:YCBD) rose 30.1% to $1.21 in pre-market trading after gaining 10% on Wednesday.
- System1 Inc (NYSE:SST) jumped 23.6% to $3.46 in pre-market trading after gaining 7% on Wednesday.
- Functional Brands Inc (NASDAQ:MEHA) rose 21.2% to $0.16 in pre-market trading after the Oregon-based company announced a strategic partnership with artificial intelligence platform partnrup.ai for its digital health unit Tru2u.health.
- Quantumscape Corp (NASDAQ:QS) gained 21.2% to $8.86 in pre-market trading after the company reported better-than-expected first-quarter EPS results.
- BioVie Inc (NASDAQ:BIVI) gained 20.7% to $1.88 in pre-market trading.
- Trio-Tech International (NYSE:TRT) rose 19.1% to $9.84 in pre-market trading after jumping 17% on Wednesday.
- Texas Instruments Inc (NASDAQ:TXN) gained 10.2% to $260.51 in pre-market trading after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates.
Losers
- ASGN Inc (NYSE:ASGN) fell 25.2% to $30.23 in pre-market trading after the company reported worse-than-expected first-quarter financial results and issued second-quarter guidance below estimates.
- Axe Compute Inc (NASDAQ:AGPU) declined 21.2% to $6.90 in pre-market trading. Axe Compute shares jumped 79% on Wednesday after the company announced it signed a 36-month enterprise infrastructure contract to will deliver dedicated GPU compute and AI-focused high-speed storage infrastructure from a single U.S. Tier 3 data center facility.
- Antelope Enterprise Holdings Ltd (NASDAQ:AEHL) shares dipped 20.3% to $0.55 in pre-market trading after the company disclosed a securities purchase agreement in a Form 6-K filing with the Securities and Exchange Commission.
- Medpace Holdings Inc (NASDAQ:MEDP) fell 17.3% to $420.01 in pre-market trading after posting first-quarter results.
- Greenlane Holdings Inc (NASDAQ:GNLN) fell 16.8% to $4.60 in pre-market trading. Greenlane Holdings recently announced upcoming pre-funded warrant conversion and lock-up of strategic advisor warrants.
- Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT) tumbled 15.7% to $0.034 in pre-market trading after dipping 10% on Wednesday.
- LG Display Co Ltd (NYSE:LPL) fell 15.2% to $4.55 in pre-market trading after gaining over 6% on Wednesday.
- ServiceNow Inc (NYSE:NOW) dipped 13.7% to $88.89 in pre-market trading after the company first-quarter financial results. The company said that FY26 will see some near-term headwinds to margins due to geopolitical headwinds.
- Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) dipped 11.3% to $0.067 in pre-market trading.
- IBM (NYSE:IBM) fell 7.6% to $232.70 in pre-market trading after reporting first-quarter results.
Photo via Shutterstock