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Why Fossil Group Shares Are Trading Higher By Over 26%; Here Are 20 Stocks Moving Premarket

Avi Kapoor 52 minutes ago

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Fossil surged 26% after beating Q3 estimates and raising FY26 sales guidance; SHF and OMH led gainers, while STAK and LWLG fell.

Shares of Fossil Group Inc (NASDAQ:FOSL) rose sharply in pre-market trading after the company reported better-than-expected third-quarter financial results and raised its FY26 sales guidance.

Fossil Group reported quarterly earnings of 23 cents per share, which beat the analyst consensus estimate of a loss of 4 cents per share. The company reported quarterly sales of $271.200 million, which beat the analyst consensus estimate of $248.658 million.

Fossil shares jumped 26.3% to $9.94 in pre-market trading

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

Gainers

  • SHF Holdings Inc (NASDAQ:SHFS) gained 135.2% to $0.037 in pre-market trading after dipping over 35% on Tuesday. The move followed the cannabis fintech platform’s announcement of third-quarter results on Monday.
  • Ohmyhome Ltd (NASDAQ:OMH) rose 65.4% to $27.32 in pre-market trading after dipping over 35% on Monday.
  • INLIF Ltd (NASDAQ:INLF) jumped 56% to $0.85 in pre-market trading as the company entered into $30 million framework agreement, partnering with Heng Sheng Group to expand industrial robotics market opportunities.
  • HUHUTECH International Group Inc (NASDAQ:HUHU) gained 45.7% to $0.58 in pre-market trading after jumping 14% on Tuesday.
  • Redcloud Holdings PLC (NASDAQ:RCT) gained 38.4% to $0.042 in pre-market trading after declining 5% on Tuesday.
  • J-Star Holding Co Ltd (NASDAQ:YMAT) rose 29% to $1.29 in pre-market trading after declining 15% on Tuesday.
  • SHENGFENG DEVELOPMENT Ltd (NASDAQ:SFWL) gained 29% to $4.50 in pre-market trading.
  • Tandy Leather Factory Inc (NASDAQ:TLF) gained 23.1% to $2.56 in pre-market trading following third-quarter results.
  • Satellogic Inc (NASDAQ:SATL) gained 20% to $4.68 in pre-market trading after the company reported better-than-expected quarterly earnings.

Losers

  • Stak Inc (NASDAQ:STAK) fell 51.5% to $2.38 in pre-market trading after jumping 20% on Tuesday. The company recently announced that its second-tier subsidiary, STAK Industry Energy, has entered into a non-binding letter of intent regarding the potential procurement of gas-powered generators.
  • Lightwave Logic Inc (NASDAQ:LWLG) fell 25.4% to $3.28 in pre-market trading after dipping over 10% on Tuesday.
  • Basel Medical Group Ltd (NASDAQ:BMGL) fell 24.3% to $1.46 in pre-market trading after dipping 64% on Tuesday.
  • Stereotaxis Inc (NYSE:STXS) fell 18% to $0.85 in pre-market trading after the company reported worse-than-expected quarterly financial results.
  • Brightview Holdings Inc (NYSE:BV) fell 17.7% to $9.40 in pre-market trading after the company reported worse-than-expected quarterly financial results and issued FY27 sales guidance below estimates.
  • Vivakor inc (NASDAQ:VIVK) tumbled 16.7% to $0.24 in pre-market trading after dipping 23% on Tuesday.
  • Erayak Power Solution Group Inc. (NASDAQ:RAYA) fell 16.7% to $0.5822 in pre-market trading after gaining 19% on Tuesday.
  • Astronics Corporation (NASDAQ:ATRO) shares declined 13.7% to $53.48 in pre-market trading after the company reported third-quarter financial results and issued fourth-quarter sales guidance with its midpoint below estimates.
  • Spire Global, Inc. (NYSE:SPIR) declined 11.1% to $8.31 in pre-market trading after the company reported worse-than-expected quarterly financial results.
  • Hagerty, Inc. (NYSE:HGTY) declined 8.7% to $15.49 in pre-market trading after the company announced pricing of its upsized secondary offering of Class A common stock.

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